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 Video: What is a Stock Split?
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| Evans Bancorp, Inc. is a financial holding company. Co. conducts its business through its two direct, wholly owned subsidiaries: Evans Bank, National Association (the Bank), and the Bank's subsidiaries, Evans National Leasing, Inc. (ENL), and Evans National Holding Corp. (ENHC); and Evans National Financial Services, LLC (ENFS). Co. operates through banking activities segment. The banking activities segment includes both commercial and consumer banking services, including a range of lending and depository services, as well as offering non-deposit investment products, such as annuities and mutual funds. According to our EVBN split history records, Evans Bancorp has had 4 splits. | |
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Evans Bancorp (EVBN) has 4 splits in our EVBN split history database. The first split for EVBN took place on November 27, 2002. This was a 105 for 100 split, meaning for each 100 shares of EVBN owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. EVBN's second split took place on October 09, 2003. This was a 105 for 100 split, meaning for each 100 shares of EVBN owned pre-split, the shareholder now owned 105 shares. For example, a 1050 share position pre-split, became a 1102.5 share position following the split. EVBN's third split took place on December 07, 2004. This was a 105 for 100 split, meaning for each 100 shares of EVBN owned pre-split, the shareholder now owned 105 shares. For example, a 1102.5 share position pre-split, became a 1157.625 share position following the split. EVBN's 4th split took place on November 10, 2005. This was a 105 for 100 split, meaning for each 100 shares of EVBN owned pre-split, the shareholder now owned 105 shares. For example, a 1157.625 share position pre-split, became a 1215.50625 share position following the split.
When a company such as Evans 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 EVBN split history from start to finish, an original position size of 1000 shares would have turned into 1215.50625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Evans Bancorp shares, starting with a $10,000 purchase of EVBN, presented on a split-history-adjusted basis factoring in the complete EVBN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/21/2015 |
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| End date: |
05/02/2025 |
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| Start price/share: |
$24.45 |
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| End price/share: |
$39.53 |
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| Starting shares: |
409.00 |
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| Ending shares: |
563.84 |
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| Dividends reinvested/share: |
$10.80 |
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| Total return: |
122.89% |
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| Average Annual Total Return: |
8.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,282.27 |
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| Years: |
9.96 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/21/2015 |
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| End date: |
05/02/2025 |
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| Start price/share: |
$24.45 |
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| End price/share: |
$39.53 |
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| Dividends collected/share: |
$10.80 |
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| Total return: |
105.85% |
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| Average Annual Total Return: |
7.52% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,583.17 |
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| Years: |
9.96 |
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| Date |
Ratio |
| 11/27/2002 | 105 for 100 | | 10/09/2003 | 105 for 100 | | 12/07/2004 | 105 for 100 | | 11/10/2005 | 105 for 100 |
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