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Video: What is a Stock Split?
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Glacier Bancorp is a bank holding company. Through its subsidiary, Glacier Bank (The Bank), Co. provides a range of banking services to individuals and businesses from various locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona and Nevada. Co. provides a range of banking products and services, including: retail banking; business banking; real estate, commercial, agriculture and consumer loans; and mortgage origination and loan servicing. The corporate division includes the Bank's investment portfolio and wholesale borrowings, and other centralized functions. Co. serves individuals, small to medium-sized businesses, community organizations and public entities. According to our GBCI split history records, Glacier Bancorp has had 13 splits. | |
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Glacier Bancorp (GBCI) has 13 splits in our GBCI split history database. The first split for GBCI took place on May 27, 1997. This was a 3 for 2
split, meaning for each 2
shares of GBCI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. GBCI's second split took place on September 15, 1998. This was a 11 for 10
split, meaning for each 10
shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 1500 share position pre-split, became a 1650 share position following the split. GBCI's third split took place on May 14, 1999. This was a 11 for 10
split, meaning for each 10
shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 1650 share position pre-split, became a 1815 share position following the split. GBCI's 4th split took place on May 12, 2000. This was a 11 for 10
split, meaning for each 10
shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 1815 share position pre-split, became a 1996.5 share position following the split. GBCI's 5th split took place on May 09, 2003. This was a 11 for 10 split, meaning for each 10 shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 1996.5 share position pre-split, became a 2196.15 share position following the split. GBCI's 6th split took place on May 21, 2004. This was a 5 for 4 split, meaning for each 4 shares of GBCI owned pre-split, the shareholder now owned 5 shares. For example, a 2196.15 share position pre-split, became a 2745.1875 share position following the split. GBCI's 7th split took place on May 27, 2005. This was a 5 for 4 split, meaning for each 4 shares of GBCI owned pre-split, the shareholder now owned 5 shares. For example, a 2745.1875 share position pre-split, became a 3431.484375 share position following the split. GBCI's 8th split took place on December 15, 2006. This was a 3 for 2 split, meaning for each 2 shares of GBCI owned pre-split, the shareholder now owned 3 shares. For example, a 3431.484375 share position pre-split, became a 5147.2265625 share position following the split. GBCI's 9th split took place on April 29, 1992. This was a 11 for 10 split, meaning for each 10 shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 5147.2265625 share position pre-split, became a 5661.94921875 share position following the split. GBCI's 10th split took place on April 30, 1993. This was a 11 for 10 split, meaning for each 10 shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 5661.94921875 share position pre-split, became a 6228.144140625 share position following the split. GBCI's 11th split took place on May 09, 1994. This was a 11 for 10 split, meaning for each 10 shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 6228.144140625 share position pre-split, became a 6850.95855468751 share position following the split. GBCI's 12th split took place on May 10, 1995. This was a 11 for 10 split, meaning for each 10 shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 6850.95855468751 share position pre-split, became a 7536.05441015626 share position following the split. GBCI's 13th split took place on May 07, 1996. This was a 11 for 10 split, meaning for each 10 shares of GBCI owned pre-split, the shareholder now owned 11 shares. For example, a 7536.05441015626 share position pre-split, became a 8289.65985117188 share position following the split.
When a company such as Glacier 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 GBCI split history from start to finish, an original position size of 1000 shares would have turned into 8289.65985117188 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Glacier Bancorp shares, starting with a $10,000 purchase of GBCI, presented on a split-history-adjusted basis factoring in the complete GBCI split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$25.54 |
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End price/share: |
$37.12 |
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Starting shares: |
391.54 |
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Ending shares: |
540.01 |
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Dividends reinvested/share: |
$11.86 |
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Total return: |
100.45% |
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Average Annual Total Return: |
7.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,042.31 |
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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: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$25.54 |
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End price/share: |
$37.12 |
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Dividends collected/share: |
$11.86 |
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Total return: |
91.78% |
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Average Annual Total Return: |
6.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,180.73 |
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Years: |
10.00 |
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Date |
Ratio |
05/27/1997 | 3 for 2
| 09/15/1998 | 11 for 10
| 05/14/1999 | 11 for 10
| 05/12/2000 | 11 for 10
| 05/09/2003 | 11 for 10 | 05/21/2004 | 5 for 4 | 05/27/2005 | 5 for 4 | 12/15/2006 | 3 for 2 | 04/29/1992 | 11 for 10 | 04/30/1993 | 11 for 10 | 05/09/1994 | 11 for 10 | 05/10/1995 | 11 for 10 | 05/07/1996 | 11 for 10 |
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