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 Video: What is a Stock Split?
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| Blue Ridge Bankshares is a bank holding company. It provides commercial and consumer banking and financial services through its wholly-owned bank subsidiary, Blue Ridge Bank, National Association (the Bank), and its wealth and trust management subsidiary, BRB Financial Group, Inc. The Bank serves businesses, consumers, nonprofits, and municipalities with a variety of financial services, including retail and commercial banking, mortgage banking, government guaranteed lending, employee benefit plans, and payroll processing. Banking products include checking accounts, savings accounts, money market accounts, cash management accounts, and certificates of deposit. According to our BRBS split history records, Blue Ridge Bankshares has had 2 splits. | |
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Blue Ridge Bankshares (BRBS) has 2 splits in our BRBS split history database. The first split for BRBS took place on August 14, 2017. This was a 3 for 2 split, meaning for each 2 shares of BRBS 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. BRBS's second split took place on May 03, 2021. This was a 3 for 2 split, meaning for each 2 shares of BRBS owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as Blue Ridge Bankshares 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 BRBS split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Blue Ridge Bankshares shares, starting with a $10,000 purchase of BRBS, presented on a split-history-adjusted basis factoring in the complete BRBS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/25/2014 |
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| End date: |
04/23/2024 |
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| Start price/share: |
$6.78 |
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| End price/share: |
$2.70 |
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| Starting shares: |
1,474.93 |
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| Ending shares: |
1,879.30 |
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| Dividends reinvested/share: |
$2.77 |
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| Total return: |
-49.26% |
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| Average Annual Total Return: |
-6.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,072.80 |
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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: |
04/25/2014 |
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| End date: |
04/23/2024 |
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| Start price/share: |
$6.78 |
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| End price/share: |
$2.70 |
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| Dividends collected/share: |
$2.77 |
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| Total return: |
-19.31% |
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| Average Annual Total Return: |
-2.12% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,070.75 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/14/2017 | 3 for 2 | | 05/03/2021 | 3 for 2 |
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