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Video: What is a Stock Split?
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Northwest Bancshares is a savings and loan holding company for its wholly owned subsidiary, Northwest Bank. Northwest Bank is financial institution providing personal and business banking solutions, investment management and trust services. Co.'s principal lending activities are the origination of loans secured by first mortgages on owner-occupied, one-to-four-family residences, shorter term consumer loans, and commercial business and commercial real estate loans. Co.'s deposit instruments include checking accounts, savings accounts, money market deposit accounts, term certificate accounts and individual retirement accounts. According to our Northwest Bancshares stock split history records, Northwest Bancshares has had 1 split. | |
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Northwest Bancshares (NWBI) has 1 split in our Northwest Bancshares stock split history database. The split for NWBI took place on December 18, 2009. This was a 225 for 100 split, meaning for each 100 shares of NWBI owned pre-split, the shareholder now owned 225 shares. For example, a 1000 share position pre-split, became a 2250 share position following the split.
When a company such as Northwest Bancshares 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 Northwest Bancshares stock split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Northwest Bancshares shares, starting with a $10,000 purchase of NWBI, presented on a split-history-adjusted basis factoring in the complete Northwest Bancshares 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: |
$14.60 |
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End price/share: |
$11.54 |
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Starting shares: |
684.93 |
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Ending shares: |
1,222.97 |
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Dividends reinvested/share: |
$7.94 |
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Total return: |
41.13% |
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Average Annual Total Return: |
3.51% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,118.29 |
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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: |
$14.60 |
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End price/share: |
$11.54 |
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Dividends collected/share: |
$7.94 |
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Total return: |
33.42% |
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Average Annual Total Return: |
2.93% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,347.05 |
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Years: |
10.00 |
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Date |
Ratio |
12/18/2009 | 225 for 100 |
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