 |
Video: What is a Stock Split?
|
 |
Republic Bancorp, Inc. is a financial holding company of Republic Bank & Trust Co. (the Bank) and Republic Insurance Services, Inc (the Captive). The Bank provides both traditional and non-traditional banking products. Its segments include Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions (TRS), Republic Payment Solutions (RPS), and Republic Credit Solutions (RCS). Its Traditional Banking products and services are offered through the Co.'s traditional RB&T brand. The Warehouse segment provides short-term, revolving credit facilities to mortgage bankers across the U.S.. According to our RBCAA split history records, Republic Bancorp has had 4 splits. | |
 |

Republic Bancorp (RBCAA) has 4 splits in our RBCAA split history database. The first split for RBCAA took place on March 26, 2004. This was a 105 for 100 split, meaning for each 100 shares of RBCAA owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. RBCAA's second split took place on March 22, 2005. This was a 105 for 100 split, meaning for each 100 shares of RBCAA owned pre-split, the shareholder now owned 105 shares. For example, a 1050 share position pre-split, became a 1102.5 share position following the split. RBCAA's third split took place on March 22, 2006. This was a 105 for 100 split, meaning for each 100 shares of RBCAA owned pre-split, the shareholder now owned 105 shares. For example, a 1102.5 share position pre-split, became a 1157.625 share position following the split. RBCAA's 4th split took place on March 21, 2007. This was a 105 for 100 split, meaning for each 100 shares of RBCAA owned pre-split, the shareholder now owned 105 shares. For example, a 1157.625 share position pre-split, became a 1215.50625 share position following the split.
When a company such as Republic 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 RBCAA split history from start to finish, an original position size of 1000 shares would have turned into 1215.50625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Republic Bancorp shares, starting with a $10,000 purchase of RBCAA, presented on a split-history-adjusted basis factoring in the complete RBCAA split history.

Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
02/12/2015 |
|
End date: |
02/10/2025 |
|
Start price/share: |
$24.09 |
|
End price/share: |
$66.58 |
|
Starting shares: |
415.11 |
|
Ending shares: |
550.23 |
|
Dividends reinvested/share: |
$11.36 |
|
Total return: |
266.34% |
|
Average Annual Total Return: |
13.86% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$36,632.47 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
02/12/2015 |
|
End date: |
02/10/2025 |
|
Start price/share: |
$24.09 |
|
End price/share: |
$66.58 |
|
Dividends collected/share: |
$11.36 |
|
Total return: |
223.55% |
|
Average Annual Total Return: |
12.46% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$32,368.35 |
|
Years: |
10.00 |
|
|
 |
Date |
Ratio |
03/26/2004 | 105 for 100 | 03/22/2005 | 105 for 100 | 03/22/2006 | 105 for 100 | 03/21/2007 | 105 for 100 |
|
 |