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 Video: What is a Stock Split?
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| Southern First Bancshares is a bank holding company. Through its subsidiary, Co. is engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corporation, and providing commercial, consumer and mortgage loans to the general public. Co. provides a range of lending services, including real estate, commercial, and equity-line consumer loans to individuals and small- to medium-sized businesses and firms that are located in or conduct a substantial portion of their business in Co.'s market area. Co. also provides other bank services such as internet banking, cash management, safe deposit boxes, direct deposit, and automatic drafts. According to our SFST split history records, Southern First Bancshares has had 3 splits. | |
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Southern First Bancshares (SFST) has 3 splits in our SFST split history database. The first split for SFST took place on January 26, 2011. This was a 11 for 10 split, meaning for each 10 shares of SFST owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. SFST's second split took place on February 01, 2012. This was a 11 for 10 split, meaning for each 10 shares of SFST owned pre-split, the shareholder now owned 11 shares. For example, a 1100 share position pre-split, became a 1210 share position following the split. SFST's third split took place on January 30, 2013. This was a 11 for 10 split, meaning for each 10 shares of SFST owned pre-split, the shareholder now owned 11 shares. For example, a 1210 share position pre-split, became a 1331 share position following the split.
When a company such as Southern First 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 SFST split history from start to finish, an original position size of 1000 shares would have turned into 1331 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Southern First Bancshares shares, starting with a $10,000 purchase of SFST, presented on a split-history-adjusted basis factoring in the complete SFST split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2013 |
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| End date: |
10/03/2023 |
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| Start price/share: |
$13.04 |
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| End price/share: |
$25.84 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
98.16% |
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| Average Annual Total Return: |
7.08% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,811.66 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 01/26/2011 | 11 for 10 | | 02/01/2012 | 11 for 10 | | 01/30/2013 | 11 for 10 |
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