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Video: What is a Stock Split?
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Bank of Commerce Holdings is a bank holding company. Through its subsidiaries, Co. provides financial services and products for businesses and consumers. The services Co. provides include those provided by banks of similar size and character in California. Co.'s principal deposit products include the following types of accounts: checking, interest-bearing checking, money market, savings and certificates of deposit. Co. also provides sweep arrangements, commercial loans, construction loans, term loans, consumer loans, safe deposit boxes, and electronic banking services. The majority of the loans Co. originates are direct loans made to small businesses and individuals in its principal market. According to our BOCH split history records, BOCH has had 1 split. | |
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BOCH (BOCH) has 1 split in our BOCH split history database. The split for BOCH took place on August 17, 2004. This was a 3 for 1 split, meaning for each share of BOCH owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as BOCH 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 BOCH split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BOCH shares, starting with a $10,000 purchase of BOCH, presented on a split-history-adjusted basis factoring in the complete BOCH split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
09/30/2021 |
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Start price/share: |
$6.40 |
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End price/share: |
$15.17 |
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Starting shares: |
1,562.50 |
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Ending shares: |
1,783.13 |
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Dividends reinvested/share: |
$1.18 |
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Total return: |
170.50% |
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Average Annual Total Return: |
14.34% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,055.84 |
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Years: |
7.43 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
09/30/2021 |
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Start price/share: |
$6.40 |
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End price/share: |
$15.17 |
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Dividends collected/share: |
$1.18 |
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Total return: |
155.47% |
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Average Annual Total Return: |
13.46% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,546.95 |
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Years: |
7.43 |
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Date |
Ratio |
08/17/2004 | 3 for 1 |
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