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 Video: What is a Stock Split?
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| Home BancShares, Inc. is a bank holding company. Co. is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities through its wholly owned community bank subsidiary, Centennial Bank (the Bank). The Bank originates loans primarily secured by single and multi-family real estate, residential construction, and commercial buildings. In addition, the Bank makes loans to small and medium-sized commercial businesses as well as to consumers for a variety of purposes. According to our HOMB split history records, Home BancShares has had 4 splits. | |
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Home BancShares (HOMB) has 4 splits in our HOMB split history database. The first split for HOMB took place on August 11, 2008. This was a 108 for 100 split, meaning for each 100 shares of HOMB owned pre-split, the shareholder now owned 108 shares. For example, a 1000 share position pre-split, became a 1080 share position following the split. HOMB's second split took place on May 12, 2010. This was a 11 for 10 split, meaning for each 10 shares of HOMB owned pre-split, the shareholder now owned 11 shares. For example, a 1080 share position pre-split, became a 1188 share position following the split. HOMB's third split took place on June 13, 2013. This was a 2 for 1 split, meaning for each share of HOMB owned pre-split, the shareholder now owned 2 shares. For example, a 1188 share position pre-split, became a 2376 share position following the split. HOMB's 4th split took place on June 09, 2016. This was a 2 for 1 split, meaning for each share of HOMB owned pre-split, the shareholder now owned 2 shares. For example, a 2376 share position pre-split, became a 4752 share position following the split.
When a company such as Home BancShares 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 HOMB split history from start to finish, an original position size of 1000 shares would have turned into 4752 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Home BancShares shares, starting with a $10,000 purchase of HOMB, presented on a split-history-adjusted basis factoring in the complete HOMB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$16.01 |
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| End price/share: |
$31.19 |
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| Starting shares: |
624.61 |
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| Ending shares: |
792.18 |
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| Dividends reinvested/share: |
$5.21 |
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| Total return: |
147.08% |
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| Average Annual Total Return: |
9.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,698.01 |
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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: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$16.01 |
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| End price/share: |
$31.19 |
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| Dividends collected/share: |
$5.21 |
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| Total return: |
127.34% |
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| Average Annual Total Return: |
8.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,740.29 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/11/2008 | 108 for 100 | | 05/12/2010 | 11 for 10 | | 06/13/2013 | 2 for 1 | | 06/09/2016 | 2 for 1 |
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