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 Video: What is a Stock Split?
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| M&T Bank Corporation is a financial holding company. Co. has two wholly owned bank subsidiaries: M&T Bank and Wilmington Trust, N.A. Its subsidiaries offer a range of retail and commercial banking, trust and wealth management, and investment services to their customers. Its segments include Commercial Bank, Retail Bank and Institutional Services and Wealth Management. The Commercial Bank segment provides a range of credit products and banking services to middle-market and large commercial customers, mainly within the markets served by the Co.. According to our MTB split history records, M and T Bank has had 1 split. | |
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M and T Bank (MTB) has 1 split in our MTB split history database. The split for MTB took place on October 06, 2000. This was a 10 for 1 split, meaning for each share of MTB owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split.
When a company such as M and T Bank 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 MTB split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into M and T Bank shares, starting with a $10,000 purchase of MTB, presented on a split-history-adjusted basis factoring in the complete MTB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$116.15 |
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| End price/share: |
$196.98 |
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| Starting shares: |
86.10 |
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| Ending shares: |
113.62 |
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| Dividends reinvested/share: |
$40.50 |
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| Total return: |
123.81% |
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| Average Annual Total Return: |
8.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,376.71 |
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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: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$116.15 |
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| End price/share: |
$196.98 |
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| Dividends collected/share: |
$40.50 |
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| Total return: |
104.46% |
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| Average Annual Total Return: |
7.42% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,453.44 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/06/2000 | 10 for 1 |
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