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 Video: What is a Stock Split?
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| CrossFirst Bankshares, Inc. is a bank holding company for CrossFirst Bank (the Bank). The Bank provides a full suite of financial services to businesses, business owners, professionals and their personal networks through its offices located in Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado and New Mexico. The Bank operates as a regional bank, which provides deposit and lending products to commercial and consumer clients. In addition to its branch locations, it also offers private banking solutions and commercial banking solutions. According to our CFB split history records, CrossFirst Bankshares has had 2 splits. | |
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CrossFirst Bankshares (CFB) has 2 splits in our CFB split history database. The first split for CFB took place on January 15, 1997. This was a 3 for 2
split, meaning for each 2
shares of CFB 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. CFB's second split took place on December 16, 1997. This was a 3 for 2
split, meaning for each 2
shares of CFB owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as CrossFirst Bankshares 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 CFB split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CrossFirst Bankshares shares, starting with a $10,000 purchase of CFB, presented on a split-history-adjusted basis factoring in the complete CFB split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/16/2019 |
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| End date: |
03/03/2025 |
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| Start price/share: |
$14.65 |
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| End price/share: |
$15.99 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
9.15% |
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| Average Annual Total Return: |
1.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,915.10 |
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| Years: |
5.55 |
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| Date |
Ratio |
| 01/15/1997 | 3 for 2
| | 12/16/1997 | 3 for 2
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