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Video: What is a Stock Split?
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First Federal Bancshares of Arkansas is a savings and loan holding company. Through its subsidiary, First Federal Bank (the Bank), Co. is engaged in providing retail and business deposit accounts, including noninterest bearing and interest bearing checking accounts, savings and money market accounts, certificates of deposit, and individual retirement accounts. Loan products include residential real estate, consumer, construction, lines of credit, commercial real estate and commercial business loans. The Bank considers its primary market area to be Central, Northcentral and Northwest Arkansas. As of Dec 31 2012, Co. had total assets of $530.4 million and total deposits of $455.1 million. According to our FFBH split history records, FFBH has had 1 split. | |
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FFBH (FFBH) has 1 split in our FFBH split history database. The split for FFBH took place on January 02, 2004. This was a 2 for 1 split, meaning for each share of FFBH owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as FFBH 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 FFBH split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FFBH shares, starting with a $10,000 purchase of FFBH, presented on a split-history-adjusted basis factoring in the complete FFBH split history.
FFBH -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
01/02/2004 | 2 for 1 |
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