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Video: What is a Stock Split?
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PVF Capital is a bank holding company. Through its principal subsidiary, Park View Federal Savings Bank (the Bank), Co. is engaged in the business of providing deposits through the issuance of savings accounts, money market accounts, and certificates of deposit, and lending funds primarily for the purchase, construction, and improvement of real estate in Cuyahoga, Summit, Geauga, Lake, Medina, Lorain and Portage Counties, OH. To a lesser extent, the Bank also originates loans secured by second mortgages, including home equity lines of credit and loans secured by savings deposits. As of June 30 2013, Co. had total assets of $778.0 million and total deposits of $630.6 million. According to our PVFC split history records, PVFC has had 13 splits. | |
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PVFC (PVFC) has 13 splits in our PVFC split history database. The first split for PVFC took place on November 01, 1994. This was a 3 for 2
split, meaning for each 2
shares of PVFC 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. PVFC's second split took place on August 19, 1996. This was a 3 for 2
split, meaning for each 2
shares of PVFC owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. PVFC's third split took place on August 07, 1997. This was a 11 for 10
split, meaning for each 10
shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 2250 share position pre-split, became a 2475 share position following the split. PVFC's 4th split took place on August 18, 1998. This was a 3 for 2
split, meaning for each 2
shares of PVFC owned pre-split, the shareholder now owned 3 shares. For example, a 2475 share position pre-split, became a 3712.5 share position following the split. PVFC's 5th split took place on August 12, 1999. This was a 11 for 10
split, meaning for each 10
shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 3712.5 share position pre-split, became a 4083.75 share position following the split. PVFC's 6th split took place on August 09, 2000. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 4083.75 share position pre-split, became a 4492.125 share position following the split. PVFC's 7th split took place on August 06, 2001. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 4492.125 share position pre-split, became a 4941.3375 share position following the split. PVFC's 8th split took place on August 14, 2002. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 4941.3375 share position pre-split, became a 5435.47125 share position following the split. PVFC's 9th split took place on August 13, 2003. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 5435.47125 share position pre-split, became a 5979.018375 share position following the split. PVFC's 10th split took place on August 12, 2004. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 5979.018375 share position pre-split, became a 6576.9202125 share position following the split. PVFC's 11th split took place on August 11, 2005. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 6576.9202125 share position pre-split, became a 7234.61223375 share position following the split. PVFC's 12th split took place on January 24, 1994. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 7234.61223375 share position pre-split, became a 7958.07345712501 share position following the split. PVFC's 13th split took place on July 26, 1995. This was a 11 for 10 split, meaning for each 10 shares of PVFC owned pre-split, the shareholder now owned 11 shares. For example, a 7958.07345712501 share position pre-split, became a 8753.88080283751 share position following the split.
When a company such as PVFC 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 PVFC split history from start to finish, an original position size of 1000 shares would have turned into 8753.88080283751 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PVFC shares, starting with a $10,000 purchase of PVFC, presented on a split-history-adjusted basis factoring in the complete PVFC split history.
PVFC -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
11/01/1994 | 3 for 2
| 08/19/1996 | 3 for 2
| 08/07/1997 | 11 for 10
| 08/18/1998 | 3 for 2
| 08/12/1999 | 11 for 10
| 08/09/2000 | 11 for 10 | 08/06/2001 | 11 for 10 | 08/14/2002 | 11 for 10 | 08/13/2003 | 11 for 10 | 08/12/2004 | 11 for 10 | 08/11/2005 | 11 for 10 | 01/24/1994 | 11 for 10 | 07/26/1995 | 11 for 10 |
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