-
Royal Bank of Canada (RY $229.56)
-
Toronto-Dominion Bank (The) (TD $130.09)
-
Canadian Imperial Bank Of Commerce (CM $125.51)
Q: Why do companies do a stock split and do you think any of the banks will do a stock split in 2026.
5i Research Answer:
Splits have no mathematical impact, of course, but investors like them, and they do increase trading liquidity. Options trading is also increased as it is easier for investors to own 100 shares at a lower price. Companies generally do them to increase liquidity, but also simply because investors like them. Stocks that split tend to do well. Not because of the split itself, but because good, growing companies simply tend to split more often. RY might be the best candidate, with shares well above $200 today.