FBMI (FBMI) has 11 splits in our FBMI split history database. The first split for FBMI took place on December 11, 1997. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. FBMI's second split took place on April 09, 1998. This was a 2 for 1 split, meaning for each share of FBMI owned pre-split, the shareholder now owned 2 shares. For example, a 1050 share position pre-split, became a 2100 share position following the split. FBMI's third split took place on December 16, 1998. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2100 share position pre-split, became a 2205 share position following the split. FBMI's 4th split took place on December 14, 1999. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2205 share position pre-split, became a 2315.25 share position following the split. FBMI's 5th split took place on December 11, 2000. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2315.25 share position pre-split, became a 2431.0125 share position following the split. FBMI's 6th split took place on December 12, 2001. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2431.0125 share position pre-split, became a 2552.563125 share position following the split. FBMI's 7th split took place on December 16, 2002. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2552.563125 share position pre-split, became a 2680.19128125 share position following the split. FBMI's 8th split took place on December 16, 2003. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2680.19128125 share position pre-split, became a 2814.2008453125 share position following the split. FBMI's 9th split took place on December 15, 2004. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2814.2008453125 share position pre-split, became a 2954.91088757813 share position following the split. FBMI's 10th split took place on December 14, 2005. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 2954.91088757813 share position pre-split, became a 3102.65643195703 share position following the split. FBMI's 11th split took place on December 13, 2006. This was a 105 for 100 split, meaning for each 100 shares of FBMI owned pre-split, the shareholder now owned 105 shares. For example, a 3102.65643195703 share position pre-split, became a 3257.78925355488 share position following the split.

When a company such as FBMI 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 FBMI split history from start to finish, an original position size of 1000 shares would have turned into 3257.78925355488 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FBMI shares, starting with a $10,000 purchase of FBMI, presented on a split-history-adjusted basis factoring in the complete FBMI split history.

Growth of $10,000.00 Without Dividends Reinvested
Start date:	04/29/2014
End date:	05/30/2014
Start price/share:	$17.17
End price/share:	$21.59
Dividends collected/share:	$0.00
Total return:	25.74%
Annualized Gain:	303.10%
Starting investment:	$10,000.00
Ending investment:	$12,574.00
Years:	0.08

About FBMI

Firstbank is a bank holding company. Through its subsidiaries, Co. provides customary banking services, including the acceptance of checking, savings, and time deposits, and the making of commercial, agricultural, real estate, personal, home improvement, automobile and other installment and consumer loans. Trust services are provided to customers through Citizens Bank Wealth Management in Co.'s subsidiary, the Firstbank - Alma main office. Each of Co.'s subsidiary banks also provides securities brokerage services at their main offices through arrangements with third party brokerage firms. As of Dec 31 2012, Co. had total assets of $1.50 billion and total deposits of $1.24 billion. According to our FBMI split history records, FBMI has had 11 splits.

FBMI Split History Table
Date	Ratio
12/11/1997	105 for 100
04/09/1998	2 for 1
12/16/1998	105 for 100
12/14/1999	105 for 100
12/11/2000	105 for 100
12/12/2001	105 for 100
12/16/2002	105 for 100
12/16/2003	105 for 100
12/15/2004	105 for 100
12/14/2005	105 for 100
12/13/2006	105 for 100

Financials Stock Splits

FBMI is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits: FBMS Split History FBNC Split History FBP Split History FBRC Split History FBSS Split History FCAP Split History FCBC Split History FCCO Split History FCCY Split History FCF Split History Free FBMI Email Alerts: Get Dividend Alerts Get SEC Filing Alerts

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