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 Video: What is a Stock Split?
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| Investors Bancorp is a bank holding company. Through its subsidiary, Investors Bank, Co. is engaged in the business of accepting deposits from the public through its branch network and by an online channel and borrowing funds in the wholesale markets to originate loans and to invest in securities. Co.'s loan portfolio is comprised of multi-family loans, commercial real estate loans, commercial and industrial loans, construction loans, residential mortgage loans and consumer and other loans. Co. also provides consumer loans, which include home equity loans and home equity lines of credit. Co.'s deposits are focused on savings, checking and money market accounts. According to our ISBC split history records, ISBC has had 1 split. | |
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ISBC (ISBC) has 1 split in our ISBC split history database. The split for ISBC took place on May 08, 2014. This was a 2549 for 1000 split, meaning for each 1000 shares of ISBC owned pre-split, the shareholder now owned 2549 shares. For example, a 1000 share position pre-split, became a 2549 share position following the split.
When a company such as ISBC 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 ISBC split history from start to finish, an original position size of 1000 shares would have turned into 2549 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ISBC shares, starting with a $10,000 purchase of ISBC, presented on a split-history-adjusted basis factoring in the complete ISBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/03/2013 |
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| End date: |
04/06/2022 |
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| Start price/share: |
$9.44 |
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| End price/share: |
$13.87 |
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| Starting shares: |
1,059.32 |
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| Ending shares: |
1,342.12 |
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| Dividends reinvested/share: |
$2.88 |
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| Total return: |
86.15% |
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| Average Annual Total Return: |
7.73% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,610.90 |
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| Years: |
8.34 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/03/2013 |
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| End date: |
04/06/2022 |
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| Start price/share: |
$9.44 |
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| End price/share: |
$13.87 |
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| Dividends collected/share: |
$2.88 |
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| Total return: |
77.43% |
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| Average Annual Total Return: |
7.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,736.01 |
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| Years: |
8.34 |
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| Date |
Ratio |
| 05/08/2014 | 2549 for 1000 |
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