|
Video: What is a Stock Split?
|
|
WesBanco is a bank holding company. Through its subsidiaries, Co. provides a range of financial services including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. Co.'s community banking segment provides services provided by commercial banks, including commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services. The trust and investment services segment provides trust services as well as various alternative investment products including mutual funds. According to our WSBC split history records, WesBanco has had 1 split. | |
|
WesBanco (WSBC) has 1 split in our WSBC split history database. The split for WSBC took place on August 04, 1997. This was a 3 for 2
split, meaning for each 2
shares of WSBC 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 WesBanco 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 WSBC 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 WesBanco shares, starting with a $10,000 purchase of WSBC, presented on a split-history-adjusted basis factoring in the complete WSBC split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
03/19/2014 |
|
End date: |
03/18/2024 |
|
Start price/share: |
$31.43 |
|
End price/share: |
$27.78 |
|
Starting shares: |
318.17 |
|
Ending shares: |
455.69 |
|
Dividends reinvested/share: |
$11.72 |
|
Total return: |
26.59% |
|
Average Annual Total Return: |
2.38% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,653.40 |
|
Years: |
10.01 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
03/19/2014 |
|
End date: |
03/18/2024 |
|
Start price/share: |
$31.43 |
|
End price/share: |
$27.78 |
|
Dividends collected/share: |
$11.72 |
|
Total return: |
25.68% |
|
Average Annual Total Return: |
2.31% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,567.10 |
|
Years: |
10.01 |
|
|
|
Date |
Ratio |
08/04/1997 | 3 for 2
|
|
|