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 Video: What is a Stock Split?
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| Pathward Financial, Inc. is a financial holding company. Co.'s subsidiary is Pathward, National Association (the Bank). The Bank operates through three segments: Consumer, Commercial, and Corporate Services/Other. The Consumer segment includes the banking as a service (BaaS) business line, which collaborates with partners to navigate payment and lending needs. The Bank's capabilities range from prepaid cards and deposit accounts to payment processing and consumer lending. The Bank offers a variety of installment and revolving consumer lending products through its credit solutions. According to our CASH split history records, Pathward Financial has had 2 splits. | |
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Pathward Financial (CASH) has 2 splits in our CASH split history database. The first split for CASH took place on January 03, 1997. This was a 3 for 2
split, meaning for each 2
shares of CASH 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. CASH's second split took place on October 05, 2018. This was a 3 for 1 split, meaning for each share of CASH owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 4500 share position following the split.
When a company such as Pathward Financial 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 CASH split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Pathward Financial shares, starting with a $10,000 purchase of CASH, presented on a split-history-adjusted basis factoring in the complete CASH split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/21/2015 |
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| End date: |
05/19/2025 |
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| Start price/share: |
$13.61 |
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| End price/share: |
$81.15 |
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| Starting shares: |
734.75 |
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| Ending shares: |
780.91 |
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| Dividends reinvested/share: |
$1.86 |
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| Total return: |
533.71% |
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| Average Annual Total Return: |
20.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$63,356.72 |
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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: |
05/21/2015 |
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| End date: |
05/19/2025 |
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| Start price/share: |
$13.61 |
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| End price/share: |
$81.15 |
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| Dividends collected/share: |
$1.86 |
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| Total return: |
509.94% |
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| Average Annual Total Return: |
19.81% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$60,974.15 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/03/1997 | 3 for 2
| | 10/05/2018 | 3 for 1 |
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