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 Video: What is a Stock Split?
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| ServisFirst Bancshares is a bank holding company. Through its subsidiary, ServisFirst Bank, Co. originates commercial, consumer and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provides correspondent banking services to other financial institutions. Co.'s principal business is to accept deposits from the public and to make loans and other investments. Co. purchases investments in securities, primarily in mortgage-backed securities and state and municipal securities. Additionally, Co. provides Visa® credit cards. According to our SFBS split history records, ServisFirst Bancshares has had 2 splits. | |
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ServisFirst Bancshares (SFBS) has 2 splits in our SFBS split history database. The first split for SFBS took place on July 17, 2014. This was a 3 for 1 split, meaning for each share of SFBS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. SFBS's second split took place on December 21, 2016. This was a 2 for 1 split, meaning for each share of SFBS owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as ServisFirst Bancshares 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 SFBS split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ServisFirst Bancshares shares, starting with a $10,000 purchase of SFBS, presented on a split-history-adjusted basis factoring in the complete SFBS 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: |
$14.50 |
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| End price/share: |
$79.80 |
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| Starting shares: |
689.66 |
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| Ending shares: |
785.00 |
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| Dividends reinvested/share: |
$6.18 |
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| Total return: |
526.43% |
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| Average Annual Total Return: |
20.14% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$62,643.54 |
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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: |
$14.50 |
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| End price/share: |
$79.80 |
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| Dividends collected/share: |
$6.18 |
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| Total return: |
492.93% |
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| Average Annual Total Return: |
19.48% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$59,286.00 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/17/2014 | 3 for 1 | | 12/21/2016 | 2 for 1 |
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