When a company such as EQFN 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 EQFN split history from start to finish, an original position size of 1000 shares would have turned into 1091.1 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EQFN shares, starting with a $10,000 purchase of EQFN, presented on a split-history-adjusted basis factoring in the complete EQFN split history.

About EQFN

Equitable Financial is a holding company. Through its subsidiary, Equitable Bank, Co. is engaged in the business of accepting deposits from the public and using those funds to originate commercial loans, agricultural loans and one- to four-family residential real estate loans. To a lesser extent, Co. also originates home equity loans, construction and land loans and consumer loans. Co. invests a portion of its assets in securities issued by the U.S. Government and its agencies, U.S. government-sponsored enterprises and state and municipal governments. Co. also provides retail brokerage services. As of June 30 2017, Co. had total assets of $253.8 million and total deposits of $209.1 million. According to our EQFN split history records, EQFN has had 1 split.

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