Split History
| Home |
| Free Dividend Report |
| SRCE Dividend History |
| SRCE Stock Split History |
| Preferred Stock Newsletter |
| SRCE Options Chain |
| Stock Message Boards |
1st Source (SRCE) has 6 splits in our SRCE split history database. The first split for SRCE took place on February 18, 1997. This was a 5 for 4 split, meaning for each 4 shares of SRCE owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. SRCE's second split took place on February 03, 1998. This was a 11 for 10 split, meaning for each 10 shares of SRCE owned pre-split, the shareholder now owned 11 shares. For example, a 1250 share position pre-split, became a 1375 share position following the split. SRCE's third split took place on February 02, 1999. This was a 11 for 10 split, meaning for each 10 shares of SRCE owned pre-split, the shareholder now owned 11 shares. For example, a 1375 share position pre-split, became a 1512.5 share position following the split. SRCE's 4th split took place on August 02, 2000. This was a 105 for 100 split, meaning for each 100 shares of SRCE owned pre-split, the shareholder now owned 105 shares. For example, a 1512.5 share position pre-split, became a 1588.125 share position following the split. SRCE's 5th split took place on May 02, 2001. This was a 105 for 100 split, meaning for each 100 shares of SRCE owned pre-split, the shareholder now owned 105 shares. For example, a 1588.125 share position pre-split, became a 1667.53125 share position following the split. SRCE's 6th split took place on August 03, 2006. This was a 11 for 10 split, meaning for each 10 shares of SRCE owned pre-split, the shareholder now owned 11 shares. For example, a 1667.53125 share position pre-split, became a 1834.284375 share position following the split.
When a company such as 1st Source 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 SRCE split history from start to finish, an original position size of 1000 shares would have turned into 1834.284375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into 1st Source shares, starting with a $10,000 purchase of SRCE, presented on a split-history-adjusted basis factoring in the complete SRCE split history.
|
Growth of $10,000.00 With Dividends Reinvested |
|||
| Start date: | 04/22/2014 | ||
| End date: | 04/18/2024 | ||
| Start price/share: | $31.55 | ||
| End price/share: | $47.96 | ||
| Starting shares: | 316.96 | ||
| Ending shares: | 402.27 | ||
| Dividends reinvested/share: | $10.04 | ||
| Total return: | 92.93% | ||
| Average Annual Total Return: | 6.79% | ||
| Starting investment: | $10,000.00 | ||
| Ending investment: | $19,285.36 | ||
| Years: | 10.00 | ||
|
Growth of $10,000.00 Without Dividends Reinvested |
|||
| Start date: | 04/22/2014 | ||
| End date: | 04/18/2024 | ||
| Start price/share: | $31.55 | ||
| End price/share: | $47.96 | ||
| Dividends collected/share: | $10.04 | ||
| Total return: | 83.84% | ||
| Average Annual Total Return: | 6.28% | ||
| Starting investment: | $10,000.00 | ||
| Ending investment: | $18,384.13 | ||
| Years: | 10.00 | ||
 |
| About 1st Source |
| 1st Source is a bank holding company. Through its subsidiaries, Co. provides an array of financial products and services. Co.'s banking subsidiary, 1st Source Bank (the Bank), provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients through most of its banking center locations in various counties in Indiana and Michigan and Sarasota County in Florida. The Bank's Specialty Finance Group, with various locations nationwide, provides financing services for construction equipment, new and pre-owned private and cargo aircraft, and various vehicle types (cars, trucks, vans) for fleet purposes. According to our SRCE split history records, 1st Source has had 6 splits. |
| SRCE Split History Table | |
| Date | Ratio |
| 02/18/1997 | 5 for 4 |
| 02/03/1998 | 11 for 10 |
| 02/02/1999 | 11 for 10 |
| 08/02/2000 | 105 for 100 |
| 05/02/2001 | 105 for 100 |
| 08/03/2006 | 11 for 10 |
| Financials Stock Splits |
| SRCE is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
SRF Split History Also explore: SRCE shares outstanding history
|
Free SRCE Email Alerts:
SRCE Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.