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Video: What is a Stock Split?
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Bryn Mawr Bank is a bank holding company. Through its subsidiary, The Bryn Mawr Trust Company (the Bank), Co. provides a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation. The Bank is engaged in commercial and retail banking business, providing basic banking services, including the acceptance of demand, time and savings deposits and the origination of commercial, real estate and consumer loans and other extensions of credit including leases. According to our BMTC split history records, BMTC has had 3 splits. | |
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BMTC (BMTC) has 3 splits in our BMTC split history database. The first split for BMTC took place on September 02, 1998. This was a 2 for 1
split, meaning for each share of BMTC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. BMTC's second split took place on January 02, 1996. This was a 2 for 1 split, meaning for each share of BMTC owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. BMTC's third split took place on October 02, 2003. This was a 2 for 1 split, meaning for each share of BMTC owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as BMTC 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 BMTC split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BMTC shares, starting with a $10,000 purchase of BMTC, presented on a split-history-adjusted basis factoring in the complete BMTC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/16/2014 |
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End date: |
12/31/2021 |
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Start price/share: |
$29.29 |
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End price/share: |
$45.01 |
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Starting shares: |
341.41 |
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Ending shares: |
414.17 |
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Dividends reinvested/share: |
$6.77 |
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Total return: |
86.42% |
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Average Annual Total Return: |
8.91% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,639.85 |
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Years: |
7.30 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/16/2014 |
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End date: |
12/31/2021 |
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Start price/share: |
$29.29 |
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End price/share: |
$45.01 |
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Dividends collected/share: |
$6.77 |
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Total return: |
76.78% |
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Average Annual Total Return: |
8.12% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,675.62 |
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Years: |
7.30 |
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Date |
Ratio |
09/02/1998 | 2 for 1
| 01/02/1996 | 2 for 1 | 10/02/2003 | 2 for 1 |
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