 |
 Video: What is a Stock Split?
|
|
|
| WashingtonFirst Bankshares is a bank holding company. Through its wholly owned subsidiary, WashingtonFirst Bank, Co. provides a range of commercial banking products and services. Co.'s lending activities include commercial real estate loans, residential real estate loans, commercial and industrial loans, construction and development loans and consumer loans. Deposit services include business and personal checking, NOW accounts, tiered savings and money market and time deposit accounts with varying maturity structures and customer options. At Dec 31 2016, Co. had total assets of $2.00 billion and total deposits of $1.52 billion. According to our WFBI split history records, WFBI has had 6 splits. | |
|
WFBI (WFBI) has 6 splits in our WFBI split history database. The first split for WFBI took place on February 06, 2012. This was a 105 for 100 split, meaning for each 100 shares of WFBI owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. WFBI's second split took place on February 13, 2012. This was a 105 for 100 split, meaning for each 100 shares of WFBI 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. WFBI's third split took place on April 24, 2013. This was a 105 for 100 split, meaning for each 100 shares of WFBI owned pre-split, the shareholder now owned 105 shares. For example, a 1102.5 share position pre-split, became a 1157.625 share position following the split. WFBI's 4th split took place on August 08, 2014. This was a 105 for 100 split, meaning for each 100 shares of WFBI owned pre-split, the shareholder now owned 105 shares. For example, a 1157.625 share position pre-split, became a 1215.50625 share position following the split. WFBI's 5th split took place on December 09, 2016. This was a 105 for 100 split, meaning for each 100 shares of WFBI owned pre-split, the shareholder now owned 105 shares. For example, a 1215.50625 share position pre-split, became a 1276.2815625 share position following the split. WFBI's 6th split took place on December 06, 2016.
When a company such as WFBI 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 WFBI split history from start to finish, an original position size of 1000 shares would have turned into 1276.2815625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WFBI shares, starting with a $10,000 purchase of WFBI, presented on a split-history-adjusted basis factoring in the complete WFBI split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/07/2014 |
|
| End date: |
12/29/2017 |
|
| Start price/share: |
$14.29 |
|
| End price/share: |
$34.26 |
|
| Starting shares: |
699.79 |
|
| Ending shares: |
724.26 |
|
| Dividends reinvested/share: |
$0.77 |
|
| Total return: |
148.13% |
|
| Average Annual Total Return: |
32.49% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,812.36 |
|
| Years: |
3.23 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/07/2014 |
|
| End date: |
12/29/2017 |
|
| Start price/share: |
$14.29 |
|
| End price/share: |
$34.26 |
|
| Dividends collected/share: |
$0.77 |
|
| Total return: |
145.13% |
|
| Average Annual Total Return: |
31.99% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,511.17 |
|
| Years: |
3.23 |
|
|
|
| Date |
Ratio |
| 02/06/2012 | 105 for 100 | | 02/13/2012 | 105 for 100 | | 04/24/2013 | 105 for 100 | | 08/08/2014 | 105 for 100 | | 12/09/2016 | 105 for 100 | | 12/06/2016 | 1 for 1 |
|
|
Free WFBI Email Alerts:
