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 Video: What is a Stock Split?
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| Sound Financial Bancorp, Inc. is a bank holding company. Co.'s business is substantially conducted through Sound Community Bank (the Bank), a Washington state-chartered commercial bank. Its principal business consists of attracting retail and commercial deposits from the general public and investing those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four family residences, commercial and multifamily real estate, construction and land, consumer and commercial business loans. Its commercial business loans include unsecured lines of credit and secured term loans and lines of credit secured by inventory, equipment and accounts receivable. According to our SFBC split history records, Sound Financial Bancorp has had 2 splits. | |
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Sound Financial Bancorp (SFBC) has 2 splits in our SFBC split history database. The first split for SFBC took place on January 28, 1998. This was a 21 for 20
split, meaning for each 20
shares of SFBC owned pre-split, the shareholder now owned 21 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. SFBC's second split took place on January 19, 2000. This was a 105 for 100
split, meaning for each 100
shares of SFBC 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.
When a company such as Sound Financial 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 SFBC split history from start to finish, an original position size of 1000 shares would have turned into 1102.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sound Financial Bancorp shares, starting with a $10,000 purchase of SFBC, presented on a split-history-adjusted basis factoring in the complete SFBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$19.60 |
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| End price/share: |
$51.44 |
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| Starting shares: |
510.20 |
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| Ending shares: |
609.41 |
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| Dividends reinvested/share: |
$6.23 |
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| Total return: |
213.48% |
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| Average Annual Total Return: |
12.10% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,346.71 |
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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: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$19.60 |
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| End price/share: |
$51.44 |
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| Dividends collected/share: |
$6.23 |
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| Total return: |
194.23% |
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| Average Annual Total Return: |
11.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,416.46 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/28/1998 | 21 for 20
| | 01/19/2000 | 105 for 100
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