When a company such as FMFC 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 FMFC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FMFC shares, starting with a $10,000 purchase of FMFC, presented on a split-history-adjusted basis factoring in the complete FMFC split history.
FMFC -- use the split history when considering split-adjusted past price performance.

About FMFC

First M&F is a bank holding company. Through its subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank), Co. provides deposit, investment and credit products. The financial services provided by the Bank include checking accounts, debit cards, automated teller machine access, money orders, official checks, check cashing services, safe deposit box services, internet banking and bill paying services, business checking, remote deposit capture/imaging services, treasury management services and direct deposit origination, sweep accounts, letters of credit, and secured and unsecured lines of credit. At Dec 31 2011, Co. had total assets of $1.57 billion and total deposits of $1.37 billion. According to our FMFC split history records, FMFC has had 1 split.

FMFC Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved