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Video: What is a Stock Split?
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Oak Ridge Financial Services is a bank holding company for Bank of Oak Ridge (the Bank). The Bank serves individuals, and small to medium-sized businesses in its market area, which consists of Oak Ridge, Summerfield and Greensboro, NC, and their surrounding areas. The Bank provides a range of banking services including checking and savings accounts, commercial, consumer and personal loans, and mortgage services. The Bank also provides financial planning services and sells investment products through the Oak Ridge Wealth Management division, and provides courier services. As of Dec 31 2010, Co. had total assets of $349.0 million and total deposits of $300.3 million. According to our BKOR split history records, BKOR has had 1 split. | |
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BKOR (BKOR) has 1 split in our BKOR split history database. The split for BKOR took place on December 16, 2004. This was a 5 for 4 split, meaning for each 4 shares of BKOR owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split.
When a company such as BKOR splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the BKOR split history from start to finish, an original position size of 1000 shares would have turned into 1250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BKOR shares, starting with a $10,000 purchase of BKOR, presented on a split-history-adjusted basis factoring in the complete BKOR split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/11/2021 |
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End date: |
10/04/2024 |
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Start price/share: |
$13.36 |
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End price/share: |
$19.14 |
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Starting shares: |
748.50 |
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Ending shares: |
806.32 |
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Dividends reinvested/share: |
$1.30 |
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Total return: |
54.33% |
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Average Annual Total Return: |
12.34% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,432.32 |
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Years: |
3.73 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/11/2021 |
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End date: |
10/04/2024 |
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Start price/share: |
$13.36 |
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End price/share: |
$19.14 |
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Dividends collected/share: |
$1.30 |
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Total return: |
52.99% |
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Average Annual Total Return: |
12.08% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,299.56 |
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Years: |
3.73 |
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Date |
Ratio |
12/16/2004 | 5 for 4 |
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