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Video: What is a Stock Split?
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Community Bank Shares of Indiana is a bank holding company. Through its subsidiaries, Your Community Bank and The Scott County State Bank (the Banks), Co. is engaged primarily in accepting deposits from the public and using such funds for the origination of commercial business and real estate loans, and secured consumer loans such as home equity lines of credit, automobile loans, and recreational vehicle loans. Additionally, the Banks originate and sell into the secondary market mortgage loans. The Banks also invest in mortgage-backed, U.S. agency, state and municipal and corporate securities. As of Dec 31 2013, Co. had total assets of $846.7 million and total deposits of $643.6 million. According to our CBIN split history records, CBIN has had 1 split. | |
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CBIN (CBIN) has 1 split in our CBIN split history database. The split for CBIN took place on December 08, 2004. This was a 11 for 10 split, meaning for each 10 shares of CBIN owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split.
When a company such as CBIN 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 CBIN split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CBIN shares, starting with a $10,000 purchase of CBIN, presented on a split-history-adjusted basis factoring in the complete CBIN split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
06/30/2015 |
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Start price/share: |
$28.72 |
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End price/share: |
$27.37 |
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Starting shares: |
348.19 |
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Ending shares: |
356.08 |
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Dividends reinvested/share: |
$0.60 |
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Total return: |
-2.54% |
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Average Annual Total Return: |
-2.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,745.44 |
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Years: |
1.17 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
06/30/2015 |
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Start price/share: |
$28.72 |
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End price/share: |
$27.37 |
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Dividends collected/share: |
$0.60 |
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Total return: |
-2.61% |
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Average Annual Total Return: |
-2.24% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,738.45 |
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Years: |
1.17 |
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Date |
Ratio |
12/08/2004 | 11 for 10 |
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