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Video: What is a Stock Split?
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CNB Financial Corporation is a financial holding company. Co. conducts business primarily through its principal subsidiary, CNB Bank (the Bank). The Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental and institutional customers. The Bank's operations include a private banking division, two loan production offices, one drive-up office, one mobile office and 51 full-service offices in Pennsylvania, Ohio, New York and Virginia. According to our CCNE split history records, CNB Financial has had 2 splits. | |
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CNB Financial (CCNE) has 2 splits in our CCNE split history database. The first split for CCNE took place on May 01, 1998. This was a 2 for 1
split, meaning for each share of CCNE 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. CCNE's second split took place on May 24, 2004. This was a 25 for 10 split, meaning for each 10 shares of CCNE owned pre-split, the shareholder now owned 25 shares. For example, a 2000 share position pre-split, became a 5000 share position following the split.
When a company such as CNB 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 CCNE split history from start to finish, an original position size of 1000 shares would have turned into 5000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CNB Financial shares, starting with a $10,000 purchase of CCNE, presented on a split-history-adjusted basis factoring in the complete CCNE split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/20/2015 |
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End date: |
02/18/2025 |
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Start price/share: |
$17.00 |
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End price/share: |
$26.30 |
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Starting shares: |
588.24 |
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Ending shares: |
797.18 |
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Dividends reinvested/share: |
$6.80 |
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Total return: |
109.66% |
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Average Annual Total Return: |
7.68% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,962.28 |
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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: |
02/20/2015 |
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End date: |
02/18/2025 |
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Start price/share: |
$17.00 |
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End price/share: |
$26.30 |
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Dividends collected/share: |
$6.80 |
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Total return: |
94.74% |
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Average Annual Total Return: |
6.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,473.77 |
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Years: |
10.00 |
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Date |
Ratio |
05/01/1998 | 2 for 1
| 05/24/2004 | 25 for 10 |
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