When a company such as MBTF 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 MBTF 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 MBTF shares, starting with a $10,000 purchase of MBTF, presented on a split-history-adjusted basis factoring in the complete MBTF split history.

About MBTF

MBT Financial is a bank holding company. Through its subsidiary, Monroe Bank & Trust (the Bank), Co. provides customary retail and commercial banking and trust services to its customers, including checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, individual retirement accounts, automated teller machine and night depository facilities, treasury management services, telephone and internet banking, personal trust, employee benefit and investment management services. The Bank's service areas are comprised of Monroe, Wayne, and Lenawee counties in Southern Michigan. According to our MBTF split history records, MBTF has had 1 split.

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