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 Video: What is a Stock Split?
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| SB One Bancorp is a bank holding company. Through its subsidiary, SB One Bank (the Bank), Co. conducts a commercial banking business, and provides services including personal and business checking accounts and time deposits, money market accounts and savings accounts. Co. engages in a range of lending activities and provides commercial, consumer, mortgage, home equity and personal loans. Through the Bank's subsidiary, SB One Insurance Agency, Inc., Co. operates a general insurance agency, providing both commercial and personal lines of insurance. Co. has two business segments, banking and financial services and insurance services. Co.'s service area includes New Jersey and New York. According to our SBBX split history records, SBBX has had 1 split. | |
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SBBX (SBBX) has 1 split in our SBBX split history database. The split for SBBX took place on October 27, 2008. This was a 1065 for 1000 split, meaning for each 1000 shares of SBBX owned pre-split, the shareholder now owned 1065 shares. For example, a 1000 share position pre-split, became a 1065 share position following the split.
When a company such as SBBX 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 SBBX split history from start to finish, an original position size of 1000 shares would have turned into 1065 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SBBX shares, starting with a $10,000 purchase of SBBX, presented on a split-history-adjusted basis factoring in the complete SBBX split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
07/31/2020 |
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| Start price/share: |
$10.11 |
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| End price/share: |
$18.51 |
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| Starting shares: |
989.12 |
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| Ending shares: |
1,057.31 |
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| Dividends reinvested/share: |
$1.31 |
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| Total return: |
95.71% |
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| Average Annual Total Return: |
12.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,571.35 |
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| Years: |
5.62 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
07/31/2020 |
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| Start price/share: |
$10.11 |
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| End price/share: |
$18.51 |
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| Dividends collected/share: |
$1.31 |
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| Total return: |
96.09% |
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| Average Annual Total Return: |
12.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,610.46 |
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| Years: |
5.62 |
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| Date |
Ratio |
| 10/27/2008 | 1065 for 1000 |
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