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 Video: What is a Stock Split?
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| U.S. Bancorp is a financial services holding company. Through its subsidiaries, Co. provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. Co. also engages in credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing. Co.'s banking subsidiary, U.S. Bank National Association, is engaged in the general banking business, principally in domestic markets. Co.'s bank and trust subsidiaries provide a range of asset management and fiduciary services for individuals, estates, foundations, business corporations and charitable organizations. According to our US Bancorp stock split history records, US Bancorp has had 5 splits. | |
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US Bancorp (USB) has 5 splits in our US Bancorp stock split history database. The first split for USB took place on February 22, 1979. This was a 5 for 4
split, meaning for each 4
shares of USB owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. USB's second split took place on April 16, 1985. This was a 2 for 1
split, meaning for each share of USB owned pre-split, the shareholder now owned 2 shares. For example, a 1250 share position pre-split, became a 2500 share position following the split. USB's third split took place on April 17, 1989. This was a 2 for 1
split, meaning for each share of USB owned pre-split, the shareholder now owned 2 shares. For example, a 2500 share position pre-split, became a 5000 share position following the split. USB's 4th split took place on January 16, 1997. This was a 3 for 1
split, meaning for each share of USB owned pre-split, the shareholder now owned 3 shares. For example, a 5000 share position pre-split, became a 15000 share position following the split. USB's 5th split took place on April 16, 1999. This was a 3 for 1
split, meaning for each share of USB owned pre-split, the shareholder now owned 3 shares. For example, a 15000 share position pre-split, became a 45000 share position following the split.
When a company such as US 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 US Bancorp stock split history from start to finish, an original position size of 1000 shares would have turned into 45000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into US Bancorp shares, starting with a $10,000 purchase of USB, presented on a split-history-adjusted basis factoring in the complete US Bancorp stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$41.30 |
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| End price/share: |
$44.70 |
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| Starting shares: |
242.13 |
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| Ending shares: |
338.70 |
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| Dividends reinvested/share: |
$15.14 |
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| Total return: |
51.40% |
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| Average Annual Total Return: |
4.24% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,145.88 |
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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: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$41.30 |
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| End price/share: |
$44.70 |
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| Dividends collected/share: |
$15.14 |
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| Total return: |
44.88% |
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| Average Annual Total Return: |
3.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,490.81 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/22/1979 | 5 for 4
| | 04/16/1985 | 2 for 1
| | 04/17/1989 | 2 for 1
| | 01/16/1997 | 3 for 1
| | 04/16/1999 | 3 for 1
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