When a company such as Bank of the James Financial Group 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 BOTJ split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bank of the James Financial Group shares, starting with a $10,000 purchase of BOTJ, presented on a split-history-adjusted basis factoring in the complete BOTJ split history.

About Bank of the James Financial Group

Bank of the James Financial Group is a bank holding company. Through its wholly-owned subsidiary bank, Bank of the James (the Bank), Co. provides a range of deposit services that are typically available in most banks and other financial institutions including checking accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. In addition, the Bank provides its customers Individual Retirement Accounts and Health Care Savings Accounts. The Bank provides a range of short- to medium-term commercial and consumer loans. Other services provided by the Bank include safe deposit boxes and traveler's checks. According to our BOTJ split history records, Bank of the James Financial Group has had 1 split.

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