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 Video: What is a Stock Split?
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| SB Financial Group is a financial holding company. Through its direct and indirect subsidiaries, Co. is engaged in financial activities, including commercial banking, and wealth management services. Co.'s subsidiary, The State Bank and Trust Company, provides a range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit; automatic teller machines; commercial, consumer, agricultural and residential mortgage loans; personal and corporate trust services; commercial leasing; bank credit card services; safe deposit box rentals; internet banking; private client group services; and other personalized banking services. According to our SBFG split history records, SB Financial Group has had 1 split. | |
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SB Financial Group (SBFG) has 1 split in our SBFG split history database. The split for SBFG took place on January 20, 2022. This was a 105 for 100 split, meaning for each 100 shares of SBFG 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.
When a company such as SB Financial Group 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 SBFG split history from start to finish, an original position size of 1000 shares would have turned into 1050 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SB Financial Group shares, starting with a $10,000 purchase of SBFG, presented on a split-history-adjusted basis factoring in the complete SBFG 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: |
10/04/2024 |
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| Start price/share: |
$8.57 |
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| End price/share: |
$20.14 |
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| Starting shares: |
1,166.86 |
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| Ending shares: |
1,485.47 |
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| Dividends reinvested/share: |
$3.59 |
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| Total return: |
199.17% |
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| Average Annual Total Return: |
11.58% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,913.25 |
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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: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$8.57 |
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| End price/share: |
$20.14 |
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| Dividends collected/share: |
$3.59 |
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| Total return: |
176.91% |
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| Average Annual Total Return: |
10.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,686.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/20/2022 | 105 for 100 |
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