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 Video: What is a Stock Split?
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| First Community Bankshares, Inc. is a financial holding company, which provides banking products and services through its wholly owned subsidiary First Community Bank (the Bank). It operates in community banking segment, which consists of all operations, including commercial and consumer banking, lending activities, and wealth management. The Bank offers wealth management and investment advice through its Trust Division and wholly owned subsidiary First Community Wealth Management. Its commercial loans consist of loans to small and mid-size industrial, commercial, and service companies. According to our FCBC split history records, First Community Bankshares has had 4 splits. | |
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First Community Bankshares (FCBC) has 4 splits in our FCBC split history database. The first split for FCBC took place on April 13, 1998. This was a 5 for 4
split, meaning for each 4
shares of FCBC 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. FCBC's second split took place on April 12, 1999. This was a 5 for 4
split, meaning for each 4
shares of FCBC owned pre-split, the shareholder now owned 5 shares. For example, a 1250 share position pre-split, became a 1562.5 share position following the split. FCBC's third split took place on February 27, 2002. This was a 11 for 10 split, meaning for each 10 shares of FCBC owned pre-split, the shareholder now owned 11 shares. For example, a 1562.5 share position pre-split, became a 1718.75 share position following the split. FCBC's 4th split took place on July 30, 2003. This was a 11 for 10 split, meaning for each 10 shares of FCBC owned pre-split, the shareholder now owned 11 shares. For example, a 1718.75 share position pre-split, became a 1890.625 share position following the split.
When a company such as First Community 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 FCBC split history from start to finish, an original position size of 1000 shares would have turned into 1890.625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Community Bankshares shares, starting with a $10,000 purchase of FCBC, presented on a split-history-adjusted basis factoring in the complete FCBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$15.49 |
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| End price/share: |
$40.19 |
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| Starting shares: |
645.58 |
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| Ending shares: |
907.72 |
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| Dividends reinvested/share: |
$9.56 |
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| Total return: |
264.81% |
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| Average Annual Total Return: |
13.83% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$36,497.16 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$15.49 |
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| End price/share: |
$40.19 |
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| Dividends collected/share: |
$9.56 |
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| Total return: |
221.17% |
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| Average Annual Total Return: |
12.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$32,107.95 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 04/13/1998 | 5 for 4
| | 04/12/1999 | 5 for 4
| | 02/27/2002 | 11 for 10 | | 07/30/2003 | 11 for 10 |
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