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 Video: What is a Stock Split?
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| Bank of the Ozarks provided a range of retail and commercial banking services through 253 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, California, New York and Mississippi, as of Dec 31 2017. Co. provides a variety of commercial and consumer lending products to its customers, including real estate loans, consumer and small business loans, indirect consumer marine/RV loans, business aviation financing, commercial and industrial loans, government guaranteed loans and agricultural loans, among others. As of Dec 31 2017, Co. had total assets of $21,275,647,000 and total deposits of $17,192,345,000. According to our OZRK split history records, OZRK has had 4 splits. | |
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OZRK (OZRK) has 4 splits in our OZRK split history database. The first split for OZRK took place on June 18, 2002. This was a 2 for 1 split, meaning for each share of OZRK 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. OZRK's second split took place on December 11, 2003. This was a 2 for 1 split, meaning for each share of OZRK 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. OZRK's third split took place on August 17, 2011. This was a 2 for 1 split, meaning for each share of OZRK owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. OZRK's 4th split took place on June 24, 2014. This was a 2 for 1 split, meaning for each share of OZRK owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as OZRK 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 OZRK split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into OZRK shares, starting with a $10,000 purchase of OZRK, presented on a split-history-adjusted basis factoring in the complete OZRK 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: |
07/13/2018 |
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| Start price/share: |
$37.18 |
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| End price/share: |
$41.24 |
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| Starting shares: |
268.96 |
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| Ending shares: |
284.44 |
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| Dividends reinvested/share: |
$2.48 |
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| Total return: |
17.30% |
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| Average Annual Total Return: |
4.53% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,730.60 |
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| Years: |
3.60 |
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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: |
07/13/2018 |
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| Start price/share: |
$37.18 |
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| End price/share: |
$41.24 |
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| Dividends collected/share: |
$2.48 |
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| Total return: |
17.58% |
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| Average Annual Total Return: |
4.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,758.92 |
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| Years: |
3.60 |
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| Date |
Ratio |
| 06/18/2002 | 2 for 1 | | 12/11/2003 | 2 for 1 | | 08/17/2011 | 2 for 1 | | 06/24/2014 | 2 for 1 |
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