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 Video: What is a Stock Split?
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| WestAmerica is a bank holding company. Through its subsidiary bank, Westamerica Bank (the Bank), Co. provides a range of banking services to individual and commercial customers in Northern and Central California. The principal communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. In addition, the Bank owns 100% of the capital stock of Community Banker Services Corporation, a company engaged in providing Co. and its subsidiaries with data processing services and other support functions. According to our WABC split history records, WestAmerica Bancorporation has had 1 split. | |
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WestAmerica Bancorporation (WABC) has 1 split in our WABC split history database. The split for WABC took place on February 26, 1998. This was a 3 for 1
split, meaning for each share of WABC 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.
When a company such as WestAmerica Bancorporation 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 WABC split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WestAmerica Bancorporation shares, starting with a $10,000 purchase of WABC, presented on a split-history-adjusted basis factoring in the complete WABC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$45.52 |
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| End price/share: |
$47.14 |
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| Starting shares: |
219.68 |
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| Ending shares: |
297.74 |
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| Dividends reinvested/share: |
$16.28 |
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| Total return: |
40.36% |
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| Average Annual Total Return: |
3.45% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,039.30 |
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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: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$45.52 |
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| End price/share: |
$47.14 |
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| Dividends collected/share: |
$16.28 |
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| Total return: |
39.32% |
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| Average Annual Total Return: |
3.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,931.07 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/26/1998 | 3 for 1
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