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 Video: What is a Stock Split?
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| Carolina Bank Holdings is a bank holding company. Through its subsidiary, Carolina Bank (the Bank), Co. is engaged in a general banking business in Guilford, Alamance, Randolph and Forsyth Counties, NC. The Bank provides commercial and consumer banking services, including personal and commercial checking and savings accounts, money market accounts, certificates of deposit, individual retirement accounts and related business and individual banking services. The Bank's lending activities include construction and development loans, installment loans, mortgage loans and equity lines of credit. As of Dec 31 2015, Co. had total assets of $700.8 million and total deposits of $607.3 million. According to our CLBH split history records, CLBH has had 5 splits. | |
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CLBH (CLBH) has 5 splits in our CLBH split history database. The first split for CLBH took place on September 27, 2001. This was a 11 for 10 split, meaning for each 10 shares of CLBH 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. CLBH's second split took place on April 16, 2004. This was a 120 for 100 split, meaning for each 100 shares of CLBH owned pre-split, the shareholder now owned 120 shares. For example, a 1100 share position pre-split, became a 1320 share position following the split. CLBH's third split took place on November 10, 2005. This was a 120 for 100 split, meaning for each 100 shares of CLBH owned pre-split, the shareholder now owned 120 shares. For example, a 1320 share position pre-split, became a 1584 share position following the split. CLBH's 4th split took place on June 13, 2007. This was a 120 for 100 split, meaning for each 100 shares of CLBH owned pre-split, the shareholder now owned 120 shares. For example, a 1584 share position pre-split, became a 1900.8 share position following the split. CLBH's 5th split took place on July 02, 2007.
When a company such as CLBH 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 CLBH split history from start to finish, an original position size of 1000 shares would have turned into 1900.8 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CLBH shares, starting with a $10,000 purchase of CLBH, presented on a split-history-adjusted basis factoring in the complete CLBH split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
03/03/2017 |
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| Start price/share: |
$9.68 |
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| End price/share: |
$27.99 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
189.15% |
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| Average Annual Total Return: |
60.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$28,917.04 |
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| Years: |
2.23 |
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| Date |
Ratio |
| 09/27/2001 | 11 for 10 | | 04/16/2004 | 120 for 100 | | 11/10/2005 | 120 for 100 | | 06/13/2007 | 120 for 100 | | 07/02/2007 | 1 for 1 |
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