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Video: What is a Stock Split?
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Beneficial Bancorp is a financial holding company. Through its subsidiary, Beneficial Bank, Co. provides financial services to consumers and businesses in its market areas. Co. accepts deposits from the general public and use those funds to originate a variety of loans, including commercial real estate loans, commercial business loans, equipment financing and leasing, one- to four-family real estate loans, consumer loans, home equity loans and construction loans. Co. provides insurance brokerage services through its wholly owned subsidiary, Beneficial Insurance Services, LLC. At Dec 31 2017, Co. had total assets of $5.80 billion and total deposits of $4.15 billion. According to our BNCL split history records, BNCL has had 1 split. | |
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BNCL (BNCL) has 1 split in our BNCL split history database. The split for BNCL took place on January 13, 2015. This was a 10999 for 10000 split, meaning for each 10000 shares of BNCL owned pre-split, the shareholder now owned 10999 shares. For example, a 1000 share position pre-split, became a 1099.9 share position following the split.
When a company such as BNCL 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 BNCL split history from start to finish, an original position size of 1000 shares would have turned into 1099.9 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BNCL shares, starting with a $10,000 purchase of BNCL, presented on a split-history-adjusted basis factoring in the complete BNCL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/10/2014 |
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End date: |
02/28/2019 |
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Start price/share: |
$11.59 |
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End price/share: |
$16.12 |
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Starting shares: |
862.81 |
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Ending shares: |
914.35 |
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Dividends reinvested/share: |
$0.91 |
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Total return: |
47.39% |
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Average Annual Total Return: |
9.24% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,738.69 |
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Years: |
4.39 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/10/2014 |
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End date: |
02/28/2019 |
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Start price/share: |
$11.59 |
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End price/share: |
$16.12 |
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Dividends collected/share: |
$0.91 |
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Total return: |
46.94% |
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Average Annual Total Return: |
9.16% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,691.37 |
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Years: |
4.39 |
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Date |
Ratio |
01/13/2015 | 10999 for 10000 |
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