Split History
SNBC split history picture
SNBC (SNBC) has 17 splits in our SNBC split history database. The first split for SNBC took place on October 10, 1996. This was a 21 for 20 split, meaning for each 20 shares of SNBC owned pre-split, the shareholder now owned 21 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. SNBC's second split took place on May 29, 1997. This was a 21 for 20 split, meaning for each 20 shares of SNBC owned pre-split, the shareholder now owned 21 shares. For example, a 1050 share position pre-split, became a 1102.5 share position following the split. SNBC's third split took place on September 26, 1997. This was a 3 for 2 split, meaning for each 2 shares of SNBC owned pre-split, the shareholder now owned 3 shares. For example, a 1102.5 share position pre-split, became a 1653.75 share position following the split. SNBC's 4th split took place on March 19, 1998. This was a 3 for 2 split, meaning for each 2 shares of SNBC owned pre-split, the shareholder now owned 3 shares. For example, a 1653.75 share position pre-split, became a 2480.625 share position following the split. SNBC's 5th split took place on May 01, 1998. This was a 21 for 20 split, meaning for each 20 shares of SNBC owned pre-split, the shareholder now owned 21 shares. For example, a 2480.625 share position pre-split, became a 2604.65625 share position following the split. SNBC's 6th split took place on June 03, 1999. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 2604.65625 share position pre-split, became a 2734.8890625 share position following the split. SNBC's 7th split took place on June 05, 2000. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 2734.8890625 share position pre-split, became a 2871.633515625 share position following the split. SNBC's 8th split took place on May 29, 2001. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 2871.633515625 share position pre-split, became a 3015.21519140625 share position following the split. SNBC's 9th split took place on May 07, 2002. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 3015.21519140625 share position pre-split, became a 3165.97595097656 share position following the split. SNBC's 10th split took place on April 03, 2003. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 3165.97595097656 share position pre-split, became a 3324.27474852539 share position following the split. SNBC's 11th split took place on April 02, 2004. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 3324.27474852539 share position pre-split, became a 3490.48848595166 share position following the split. SNBC's 12th split took place on April 04, 2005. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 3490.48848595166 share position pre-split, became a 3665.01291024924 share position following the split. SNBC's 13th split took place on May 04, 2006. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 3665.01291024924 share position pre-split, became a 3848.26355576171 share position following the split. SNBC's 14th split took place on May 10, 2007. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 3848.26355576171 share position pre-split, became a 4040.67673354979 share position following the split. SNBC's 15th split took place on May 09, 2008. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 4040.67673354979 share position pre-split, became a 4242.71057022728 share position following the split. SNBC's 16th split took place on April 28, 2009. This was a 105 for 100 split, meaning for each 100 shares of SNBC owned pre-split, the shareholder now owned 105 shares. For example, a 4242.71057022728 share position pre-split, became a 4454.84609873865 share position following the split. SNBC's 17th split took place on August 11, 2014. This was a 1 for 5 reverse split, meaning for each 5 shares of SNBC owned pre-split, the shareholder now owned 1 share. For example, a 4454.84609873865 share position pre-split, became a 890.969219747729 share position following the split.

When a company such as SNBC 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. When a company such as SNBC conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the SNBC split history from start to finish, an original position size of 1000 shares would have turned into 890.969219747729 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SNBC shares, starting with a $10,000 purchase of SNBC, presented on a split-history-adjusted basis factoring in the complete SNBC split history. SNBC split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 03/31/2014
End date: 01/31/2018
Start price/share: $16.80
End price/share: $24.50
Starting shares: 595.24
Ending shares: 596.72
Dividends reinvested/share: $0.06
Total return: 46.20%
Average Annual Total Return: 10.39%
Starting investment: $10,000.00
Ending investment: $14,618.31
Years: 3.84
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/31/2014
End date: 01/31/2018
Start price/share: $16.80
End price/share: $24.50
Dividends collected/share: $0.06
Total return: 46.19%
Average Annual Total Return: 10.39%
Starting investment: $10,000.00
Ending investment: $14,618.31
Years: 3.84
Sun Bancorp is a bank holding company. Through its subsidiary, Sun National Bank, Co. provides a range of community banking services. Co.'s lending services to businesses include term loans, lines of credit and commercial mortgages. Co.'s commercial deposit services include business checking and money market accounts and cash management solutions such as online banking, electronic bill payment and wire transfer services, lockbox services, remote deposit and controlled disbursement services. Co.'s lending services to consumers consist primarily of lines of credit of overdraft sweeps. As of Dec 31 2016, Co. had total assets of $2.26 billion and total deposits of $1.74 billion. According to our SNBC split history records, SNBC has had 17 splits.
Date Ratio
10/10/199621 for 20
05/29/199721 for 20
09/26/19973 for 2
03/19/19983 for 2
05/01/199821 for 20
06/03/1999105 for 100
06/05/2000105 for 100
05/29/2001105 for 100
05/07/2002105 for 100
04/03/2003105 for 100
04/02/2004105 for 100
04/04/2005105 for 100
05/04/2006105 for 100
05/10/2007105 for 100
05/09/2008105 for 100
04/28/2009105 for 100
08/11/20141 for 5
SNBC is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

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SPEX Split History

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