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 Video: What is a Stock Split?
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| Ameris is a financial holding company. Through its subsidiary, Ameris Bank, Co. provides banking services to its retail and commercial customers who are concentrated in select markets in Georgia, Florida, North Carolina and South Carolina. Co. provides agricultural loans, commercial business loans, commercial and residential real estate construction and mortgage loans, consumer loans, revolving lines of credit and letters of credit. Co. provides deposit accounts and services to both retail and commercial customers, including commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts and certificates of deposit. According to our ABCB split history records, Ameris Bancorp has had 8 splits. | |
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Ameris Bancorp (ABCB) has 8 splits in our ABCB split history database. The first split for ABCB took place on August 01, 1995. This was a 4 for 3
split, meaning for each 3
shares of ABCB owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 1333.33333333333 share position following the split. ABCB's second split took place on May 01, 1997. This was a 5 for 4
split, meaning for each 4
shares of ABCB owned pre-split, the shareholder now owned 5 shares. For example, a 1333.33333333333 share position pre-split, became a 1666.66666666667 share position following the split. ABCB's third split took place on December 13, 1999. This was a 6 for 5
split, meaning for each 5
shares of ABCB owned pre-split, the shareholder now owned 6 shares. For example, a 1666.66666666667 share position pre-split, became a 2000 share position following the split. ABCB's 4th split took place on March 11, 2005. This was a 6 for 5 split, meaning for each 5 shares of ABCB owned pre-split, the shareholder now owned 6 shares. For example, a 2000 share position pre-split, became a 2400 share position following the split. ABCB's 5th split took place on December 29, 2009. This was a 10077 for 10000 split, meaning for each 10000 shares of ABCB owned pre-split, the shareholder now owned 10077 shares. For example, a 2400 share position pre-split, became a 2418.48 share position following the split. ABCB's 6th split took place on March 29, 2010. This was a 126 for 125 split, meaning for each 125 shares of ABCB owned pre-split, the shareholder now owned 126 shares. For example, a 2418.48 share position pre-split, became a 2437.82784 share position following the split. ABCB's 7th split took place on September 28, 2009. This was a 131 for 130 split, meaning for each 130 shares of ABCB owned pre-split, the shareholder now owned 131 shares. For example, a 2437.82784 share position pre-split, became a 2456.58036184615 share position following the split. ABCB's 8th split took place on June 28, 2010. This was a 211 for 210 split, meaning for each 210 shares of ABCB owned pre-split, the shareholder now owned 211 shares. For example, a 2456.58036184615 share position pre-split, became a 2468.27836356923 share position following the split.
When a company such as Ameris Bancorp 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 ABCB split history from start to finish, an original position size of 1000 shares would have turned into 2468.27836356923 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ameris Bancorp shares, starting with a $10,000 purchase of ABCB, presented on a split-history-adjusted basis factoring in the complete ABCB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$22.48 |
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| End price/share: |
$46.28 |
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| Starting shares: |
444.84 |
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| Ending shares: |
501.13 |
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| Dividends reinvested/share: |
$4.50 |
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| Total return: |
131.92% |
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| Average Annual Total Return: |
8.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,200.14 |
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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: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$22.48 |
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| End price/share: |
$46.28 |
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| Dividends collected/share: |
$4.50 |
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| Total return: |
125.89% |
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| Average Annual Total Return: |
8.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,589.00 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/01/1995 | 4 for 3
| | 05/01/1997 | 5 for 4
| | 12/13/1999 | 6 for 5
| | 03/11/2005 | 6 for 5 | | 12/29/2009 | 10077 for 10000 | | 03/29/2010 | 126 for 125 | | 09/28/2009 | 131 for 130 | | 06/28/2010 | 211 for 210 |
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