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 Video: What is a Stock Split?
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| Plumas Bancorp is a bank holding company, which operates through its subsidiary, Plumas Bank (the Bank). The Bank is a state-chartered bank, which primary service in the Northeastern portion of California, with Lake Tahoe to the south and the Oregon border to the north, and the Northwestern portion of Nevada. The Bank primarily is engaged in providing loans and investment securities. The Banks principal commercial lending services include term real estate, commercial and industrial term loans. The Bank provides government-guaranteed and agricultural loans, as well as credit lines. The Banks principal retail lending services include consumer, automobile and home equity loans. According to our PLBC split history records, Plumas Bancorp has had 1 split. | |
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Plumas Bancorp (PLBC) has 1 split in our PLBC split history database. The split for PLBC took place on September 19, 2005. This was a 3 for 2 split, meaning for each 2 shares of PLBC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Plumas Bancorp 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 PLBC split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Plumas Bancorp shares, starting with a $10,000 purchase of PLBC, presented on a split-history-adjusted basis factoring in the complete PLBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
11/20/2015 |
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| End date: |
11/18/2025 |
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| Start price/share: |
$8.66 |
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| End price/share: |
$41.61 |
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| Starting shares: |
1,154.73 |
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| Ending shares: |
1,391.23 |
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| Dividends reinvested/share: |
$5.94 |
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| Total return: |
478.89% |
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| Average Annual Total Return: |
19.19% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$57,890.47 |
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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: |
11/20/2015 |
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| End date: |
11/18/2025 |
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| Start price/share: |
$8.66 |
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| End price/share: |
$41.61 |
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| Dividends collected/share: |
$5.94 |
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| Total return: |
449.08% |
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| Average Annual Total Return: |
18.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$54,901.53 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/19/2005 | 3 for 2 |
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