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 Video: What is a Stock Split?
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| Park Sterling is a bank holding company for Park Sterling Bank. Co. provides a range of banking products, including personal, business and non-profit checking accounts, interest on lawyer trust accounts, individual retirement accounts, business and personal money market accounts, time deposits, overdraft protection, safe deposit boxes and online and mobile banking. Co.'s lending activities include a range of short- to medium-term commercial (including asset-based lending), real estate, construction, residential mortgage, home equity and consumer loans, as well as long-term residential mortgages. As of Dec 31 2016, Co. had total assets of $3.26 billion and total deposits of $2.51 billion. According to our PSTB split history records, PSTB has had 1 split. | |
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PSTB (PSTB) has 1 split in our PSTB split history database. The split for PSTB took place on September 25, 2008. This was a 110 for 100 split, meaning for each 100 shares of PSTB owned pre-split, the shareholder now owned 110 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split.
When a company such as PSTB 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 PSTB split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PSTB shares, starting with a $10,000 purchase of PSTB, presented on a split-history-adjusted basis factoring in the complete PSTB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
11/30/2017 |
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| Start price/share: |
$6.65 |
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| End price/share: |
$12.87 |
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| Starting shares: |
1,503.76 |
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| Ending shares: |
1,582.67 |
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| Dividends reinvested/share: |
$0.44 |
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| Total return: |
103.69% |
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| Average Annual Total Return: |
25.33% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,367.63 |
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| Years: |
3.15 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
11/30/2017 |
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| Start price/share: |
$6.65 |
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| End price/share: |
$12.87 |
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| Dividends collected/share: |
$0.44 |
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| Total return: |
100.15% |
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| Average Annual Total Return: |
24.64% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,016.42 |
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| Years: |
3.15 |
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| Date |
Ratio |
| 09/25/2008 | 110 for 100 |
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