There is a need to split this stock. The present share price makes it less attractive to the small investor. A three-for-two would make a lot of sense. A two-for-one is less likely, but not out of the question. I believe we will see split action soon if the market continues to rise, which most analysts are predicting.
I feel that an attempt will be made to keep this share price comparable to other super regional banks of similar size. If others start to adjust their prices to the $40 range, I think BBK will see the need to do the same.