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 Video: What is a Stock Split?
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| Eagle Bancorp is a bank holding company. Through its subsidiary, EagleBank (the Bank), Co. conducts a community banking business, primarily in Northern Virginia, Suburban Maryland, and Washington, D.C. The Bank provides various commercial banking services to its business and other clients, as well as consumer banking services to individuals. These services include commercial loans; asset based lending and accounts receivable financing (on a limited basis); construction and commercial real estate loans; business equipment financing; consumer home equity lines of credit, personal lines of credit and term loans; consumer installment loans; personal credit cards; and residential mortgage loans. According to our EGBN split history records, Eagle Bancorp has had 6 splits. | |
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Eagle Bancorp (EGBN) has 6 splits in our EGBN split history database. The first split for EGBN took place on April 03, 2000. This was a 5 for 4
split, meaning for each 4
shares of EGBN owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. EGBN's second split took place on June 18, 2001. This was a 7 for 5 split, meaning for each 5 shares of EGBN owned pre-split, the shareholder now owned 7 shares. For example, a 1250 share position pre-split, became a 1750 share position following the split. EGBN's third split took place on March 01, 2005. This was a 130 for 100 split, meaning for each 100 shares of EGBN owned pre-split, the shareholder now owned 130 shares. For example, a 1750 share position pre-split, became a 2275 share position following the split. EGBN's 4th split took place on July 06, 2006. This was a 130 for 100 split, meaning for each 100 shares of EGBN owned pre-split, the shareholder now owned 130 shares. For example, a 2275 share position pre-split, became a 2957.5 share position following the split. EGBN's 5th split took place on September 16, 2008. This was a 11 for 10 split, meaning for each 10 shares of EGBN owned pre-split, the shareholder now owned 11 shares. For example, a 2957.5 share position pre-split, became a 3253.25 share position following the split. EGBN's 6th split took place on May 29, 2013. This was a 11 for 10 split, meaning for each 10 shares of EGBN owned pre-split, the shareholder now owned 11 shares. For example, a 3253.25 share position pre-split, became a 3578.575 share position following the split.
When a company such as Eagle Bancorp 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 EGBN split history from start to finish, an original position size of 1000 shares would have turned into 3578.575 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Eagle Bancorp shares, starting with a $10,000 purchase of EGBN, presented on a split-history-adjusted basis factoring in the complete EGBN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
03/24/2023 |
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| Start price/share: |
$19.95 |
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| End price/share: |
$34.22 |
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| Starting shares: |
501.25 |
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| Ending shares: |
555.15 |
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| Dividends reinvested/share: |
$4.69 |
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| Total return: |
89.97% |
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| Average Annual Total Return: |
6.63% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,998.43 |
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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: |
03/27/2013 |
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| End date: |
03/24/2023 |
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| Start price/share: |
$19.95 |
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| End price/share: |
$34.22 |
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| Dividends collected/share: |
$4.69 |
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| Total return: |
95.04% |
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| Average Annual Total Return: |
6.91% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,503.11 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/03/2000 | 5 for 4
| | 06/18/2001 | 7 for 5 | | 03/01/2005 | 130 for 100 | | 07/06/2006 | 130 for 100 | | 09/16/2008 | 11 for 10 | | 05/29/2013 | 11 for 10 |
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