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 Video: What is a Stock Split?
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| MainStreet Bancshares is a bank holding company. Through its subsidiary, MainStreet Bank, Co. provides a range of commercial and consumer loan and deposit products, as well as mortgage services to individuals, and small and medium sized businesses in Co.'s market. Co.'s business involves accepting deposits from local businesses and individual customers and using these deposits to originate commercial, mortgage, and consumer loans in its market area. Co. provides a range of consumer and commercial deposit products, including on-line banking with bill pay, cash management, sweep accounts, wire transfer, check imaging, remote deposit capture and courier services. According to our MNSB split history records, MainStreet Bancshares has had 1 split. | |
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MainStreet Bancshares (MNSB) has 1 split in our MNSB split history database. The split for MNSB took place on April 06, 2018. This was a 105 for 100 split, meaning for each 100 shares of MNSB owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split.
When a company such as MainStreet 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 MNSB split history from start to finish, an original position size of 1000 shares would have turned into 1050 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MainStreet Bancshares shares, starting with a $10,000 purchase of MNSB, presented on a split-history-adjusted basis factoring in the complete MNSB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
04/24/2024 |
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| Start price/share: |
$7.38 |
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| End price/share: |
$15.89 |
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| Starting shares: |
1,355.01 |
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| Ending shares: |
1,399.80 |
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| Dividends reinvested/share: |
$0.75 |
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| Total return: |
122.43% |
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| Average Annual Total Return: |
8.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,232.66 |
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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: |
04/28/2014 |
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| End date: |
04/24/2024 |
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| Start price/share: |
$7.38 |
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| End price/share: |
$15.89 |
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| Dividends collected/share: |
$0.75 |
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| Total return: |
125.47% |
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| Average Annual Total Return: |
8.47% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,542.37 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/06/2018 | 105 for 100 |
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