Altabancorp is a bank holding company. Through its wholly-owned banking subsidiary, Altabank, Co. provides banking services primarily to small- to medium-sized businesses and to individuals in its primary markets including Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties. Co. also provides a range of banking services and products to individuals, including residential mortgage lending, personal checking and savings accounts, and online banking. Co. provides regular checking, rewards checking, savings, and money market deposit accounts. Co. also provides fixed-rate, fixed maturity retail CDs, individual retirement accounts and Jumbo CDs. The ALTA stock yearly return is shown above.
The yearly return on the ALTA stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ALTA annual return calculation with any dividends reinvested as applicable (on ex-dates).
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