|
Video: What is a Stock Split?
|
|
Home Federal Bancorp is a savings and loan holding company. Through its subsidiary, Home Federal Bank, Co. provides financial services to individuals, corporate entities, and other organizations through the origination of loans and the acceptance of deposits in the form of passbook savings, certificates of deposit, and demand deposit accounts. Co.'s market area for loans and deposits is in northwest Louisiana, mainly Caddo Parish and neighboring communities in Bossier and Webster Parishes, which are located in the Shreveport-Bossier City-Minden combined statistical area. Co. accepts deposits principally from residents of Louisiana and particularly from Caddo, Webster, and Bossier Parishes. According to our HFBL split history records, Home Federal Bancorp has had 1 split. | |
|
Home Federal Bancorp (HFBL) has 1 split in our HFBL split history database. The split for HFBL took place on April 01, 2021. This was a 2 for 1 split, meaning for each share of HFBL 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 Home Federal 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 HFBL 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 Home Federal Bancorp shares, starting with a $10,000 purchase of HFBL, presented on a split-history-adjusted basis factoring in the complete HFBL split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
04/29/2014 |
|
End date: |
04/26/2024 |
|
Start price/share: |
$9.23 |
|
End price/share: |
$11.89 |
|
Starting shares: |
1,083.42 |
|
Ending shares: |
1,330.79 |
|
Dividends reinvested/share: |
$3.03 |
|
Total return: |
58.23% |
|
Average Annual Total Return: |
4.70% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$15,829.49 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/29/2014 |
|
End date: |
04/26/2024 |
|
Start price/share: |
$9.23 |
|
End price/share: |
$11.89 |
|
Dividends collected/share: |
$3.03 |
|
Total return: |
61.65% |
|
Average Annual Total Return: |
4.92% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$16,165.26 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
04/01/2021 | 2 for 1 |
|
|