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 Video: What is a Stock Split?
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| Bank of Hawaii is a bank holding company. Through its subsidiaries, Co. provides various financial products and services including equipment leasing, securities brokerage, investment advisory services and credit insurance. Co.'s segments are Consumer Banking, which provides a range of financial products and services, including loan, deposit and insurance products; Commercial Banking, which provides corporate banking, commercial real estate loans, commercial lease financing, auto dealer financing, and deposit products; and Treasury and Other, which includes corporate asset and liability management activities, including interest rate risk management and a foreign currency exchange business. According to our BOH split history records, Bank of Hawaii has had 5 splits. | |
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Bank of Hawaii (BOH) has 5 splits in our BOH split history database. The first split for BOH took place on November 17, 1988. This was a 3 for 2
split, meaning for each 2
shares of BOH owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. BOH's second split took place on April 06, 1990. This was a 11 for 10
split, meaning for each 10
shares of BOH owned pre-split, the shareholder now owned 11 shares. For example, a 1500 share position pre-split, became a 1650 share position following the split. BOH's third split took place on September 16, 1991. This was a 3 for 2
split, meaning for each 2
shares of BOH owned pre-split, the shareholder now owned 3 shares. For example, a 1650 share position pre-split, became a 2475 share position following the split. BOH's 4th split took place on March 16, 1994. This was a 3 for 2
split, meaning for each 2
shares of BOH owned pre-split, the shareholder now owned 3 shares. For example, a 2475 share position pre-split, became a 3712.5 share position following the split. BOH's 5th split took place on December 15, 1997. This was a 2 for 1
split, meaning for each share of BOH owned pre-split, the shareholder now owned 2 shares. For example, a 3712.5 share position pre-split, became a 7425 share position following the split.
When a company such as Bank of Hawaii 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 BOH split history from start to finish, an original position size of 1000 shares would have turned into 7425 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bank of Hawaii shares, starting with a $10,000 purchase of BOH, presented on a split-history-adjusted basis factoring in the complete BOH 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: |
10/08/2024 |
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| Start price/share: |
$54.72 |
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| End price/share: |
$62.86 |
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| Starting shares: |
182.75 |
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| Ending shares: |
256.42 |
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| Dividends reinvested/share: |
$24.23 |
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| Total return: |
61.19% |
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| Average Annual Total Return: |
4.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,121.21 |
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| Years: |
10.00 |
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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: |
10/08/2024 |
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| Start price/share: |
$54.72 |
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| End price/share: |
$62.86 |
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| Dividends collected/share: |
$24.23 |
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| Total return: |
59.16% |
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| Average Annual Total Return: |
4.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,922.46 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/17/1988 | 3 for 2
| | 04/06/1990 | 11 for 10
| | 09/16/1991 | 3 for 2
| | 03/16/1994 | 3 for 2
| | 12/15/1997 | 2 for 1
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