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 Video: What is a Stock Split?
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| Silvergate Capital Corporation is a holding company for Silvergate Bank (the Bank). The Bank is a provider of financial infrastructure solutions and services for the digital currency industry. Co.'s platform, known as the Silvergate Exchange Network, provides payments, lending and funding solutions for an expanding class of digital currency companies and investors. The Bank provides financial services that include commercial banking, commercial and residential real estate lending, mortgage warehouse lending, and commercial business lending. The Bank also provides a full range of deposit products and services. According to our SI split history records, Silvergate Capital has had 1 split. | |
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Silvergate Capital (SI) has 1 split in our SI split history database. The split for SI took place on May 07, 2001. This was a 3 for 2 split, meaning for each 2 shares of SI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Silvergate Capital 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 SI split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Silvergate Capital shares, starting with a $10,000 purchase of SI, presented on a split-history-adjusted basis factoring in the complete SI split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
11/08/2019 |
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| End date: |
05/11/2023 |
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| Start price/share: |
$13.02 |
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| End price/share: |
$1.25 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-90.40% |
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| Average Annual Total Return: |
-48.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$960.37 |
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| Years: |
3.50 |
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| Date |
Ratio |
| 05/07/2001 | 3 for 2 |
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