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 Video: What is a Stock Split?
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| HomeStreet, Inc. is a diversified financial services company. Co. is principally engaged in commercial banking, mortgage banking and consumer/retail banking activities serving customers primarily in the Western U.S.. It operates through its subsidiaries, which include HomeStreet Bank (the Bank), HomeStreet Statutory Trusts and HomeStreet Capital Corporation. The Bank provides commercial banking products and services to small and medium sized businesses, real estate investors and professional firms and consumer banking products and services to individuals. According to our HMST split history records, HomeStreet has had 3 splits. | |
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HomeStreet (HMST) has 3 splits in our HMST split history database. The first split for HMST took place on March 09, 2012. This was a 2 for 1 split, meaning for each share of HMST 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. HMST's second split took place on November 06, 2012. HMST's third split took place on November 08, 2012. This was a 2 for 1 split, meaning for each share of HMST owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as HomeStreet 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 HMST split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HomeStreet shares, starting with a $10,000 purchase of HMST, presented on a split-history-adjusted basis factoring in the complete HMST split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$20.68 |
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| End price/share: |
$11.10 |
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| Starting shares: |
483.56 |
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| Ending shares: |
554.95 |
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| Dividends reinvested/share: |
$3.65 |
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| Total return: |
-38.40% |
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| Average Annual Total Return: |
-4.73% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,158.91 |
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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: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$20.68 |
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| End price/share: |
$11.10 |
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| Dividends collected/share: |
$3.65 |
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| Total return: |
-28.68% |
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| Average Annual Total Return: |
-3.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,133.89 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/09/2012 | 2 for 1 | | 11/06/2012 | 1 for 1 | | 11/08/2012 | 2 for 1 |
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