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Video: What is a Stock Split?
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MVB Financial is a financial holding company. Through its subsidiaries, Co.'s primary business activities are commercial and retail banking. Co.'s subsidiary, MVB Bank, Inc., provides its customers a range of products and services including: various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; commercial, consumer, and real estate mortgage loans and lines of credit; debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services. Co. is also involved in strategies to provide independent banking to corporate clients throughout the U.S. by utilizing recent investments in financial technology. According to our MVB Financial stock split history records, MVB Financial has had 1 split. | |
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MVB Financial (MVBF) has 1 split in our MVB Financial stock split history database. The split for MVBF took place on April 02, 2014. This was a 2 for 1 split, meaning for each share of MVBF owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as MVB Financial 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 MVB Financial stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MVB Financial shares, starting with a $10,000 purchase of MVBF, presented on a split-history-adjusted basis factoring in the complete MVB Financial stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$16.50 |
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End price/share: |
$21.85 |
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Starting shares: |
606.06 |
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Ending shares: |
694.64 |
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Dividends reinvested/share: |
$3.04 |
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Total return: |
51.78% |
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Average Annual Total Return: |
4.26% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,174.96 |
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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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$16.50 |
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End price/share: |
$21.85 |
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Dividends collected/share: |
$3.04 |
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Total return: |
50.88% |
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Average Annual Total Return: |
4.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,087.88 |
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Years: |
10.00 |
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Date |
Ratio |
04/02/2014 | 2 for 1 |
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