 |
 Video: What is a Stock Split?
|
|
|
| Camco Financial is a bank holding company. Through its wholly-owned subsidiary, Advantage Bank (the Bank), Co. is engaged in the financial services business in Ohio, Kentucky and West Virginia. The Bank's banking business consists of accepting deposits from the general public and applying those funds to the origination of loans. The Bank's lending activities include the origination of commercial real estate and business loans, consumer loans, and residential conventional fixed-rate and variable-rate mortgage loans for the acquisition, construction or refinancing of single-family homes. As of Dec 31 2012, Co. had total assets of $764.3 million and total deposits of $627.2 million. According to our CAFI split history records, CAFI has had 5 splits. | |
|
CAFI (CAFI) has 5 splits in our CAFI split history database. The first split for CAFI took place on July 09, 1997. This was a 21 for 20
split, meaning for each 20
shares of CAFI owned pre-split, the shareholder now owned 21 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. CAFI's second split took place on July 24, 1998. This was a 3 for 2
split, meaning for each 2
shares of CAFI owned pre-split, the shareholder now owned 3 shares. For example, a 1050 share position pre-split, became a 1575 share position following the split. CAFI's third split took place on July 08, 1999. This was a 105 for 100
split, meaning for each 100
shares of CAFI owned pre-split, the shareholder now owned 105 shares. For example, a 1575 share position pre-split, became a 1653.75 share position following the split. CAFI's 4th split took place on November 03, 1993. This was a 105 for 100 split, meaning for each 100 shares of CAFI owned pre-split, the shareholder now owned 105 shares. For example, a 1653.75 share position pre-split, became a 1736.4375 share position following the split. CAFI's 5th split took place on July 07, 1995. This was a 105 for 100 split, meaning for each 100 shares of CAFI owned pre-split, the shareholder now owned 105 shares. For example, a 1736.4375 share position pre-split, became a 1823.259375 share position following the split.
When a company such as CAFI 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 CAFI split history from start to finish, an original position size of 1000 shares would have turned into 1823.259375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CAFI shares, starting with a $10,000 purchase of CAFI, presented on a split-history-adjusted basis factoring in the complete CAFI split history.
CAFI -- use the split history when considering split-adjusted past price performance. |
|
| Date |
Ratio |
| 07/09/1997 | 21 for 20
| | 07/24/1998 | 3 for 2
| | 07/08/1999 | 105 for 100
| | 11/03/1993 | 105 for 100 | | 07/07/1995 | 105 for 100 |
|
|
Free CAFI Email Alerts:
