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Video: What is a Stock Split?
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Sierra Bancorp is a bank holding company for Bank of the Sierra (the Bank). The Bank is a California state-chartered bank, which offers a range of retail and commercial banking services via branch offices located throughout California's South San Joaquin Valley, the Central Coast, Ventura County, and neighboring communities. It provides multiple account access options to meet both new and existing customer needs: an online account opening platform; online banking with bill-pay and mobile banking capabilities; online lending solutions for consumers and small businesses; a customer service center, and an automated telephone banking system. According to our BSRR split history records, Sierra Bancorp has had 2 splits. | |
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Sierra Bancorp (BSRR) has 2 splits in our BSRR split history database. The first split for BSRR took place on October 07, 1996. This was a 2 for 1
split, meaning for each share of BSRR 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. BSRR's second split took place on November 17, 1997. This was a 2 for 1
split, meaning for each share of BSRR 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.
When a company such as Sierra Bancorp 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 BSRR split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sierra Bancorp shares, starting with a $10,000 purchase of BSRR, presented on a split-history-adjusted basis factoring in the complete BSRR split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/17/2015 |
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End date: |
02/12/2025 |
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Start price/share: |
$16.82 |
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End price/share: |
$30.59 |
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Starting shares: |
594.53 |
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Ending shares: |
823.80 |
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Dividends reinvested/share: |
$7.43 |
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Total return: |
152.00% |
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Average Annual Total Return: |
9.69% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,202.89 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/17/2015 |
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End date: |
02/12/2025 |
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Start price/share: |
$16.82 |
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End price/share: |
$30.59 |
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Dividends collected/share: |
$7.43 |
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Total return: |
126.04% |
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Average Annual Total Return: |
8.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$22,599.73 |
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Years: |
9.99 |
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Date |
Ratio |
10/07/1996 | 2 for 1
| 11/17/1997 | 2 for 1
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