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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$35.81 |
$36.09 |
$35.53 |
$35.79 |
47.13M | 04/15/2024 |
$36.33 |
$36.76 |
$35.76 |
$35.95 |
44.39M | 04/16/2024 |
$36.10 |
$36.17 |
$34.15 |
$34.68 |
95.57M | 04/17/2024 |
$34.89 |
$35.75 |
$34.75 |
$35.23 |
65.95M | 04/18/2024 |
$35.54 |
$35.99 |
$35.18 |
$35.77 |
44.49M |
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Bank of America is a bank holding company. Through its subsidiaries, Co. provides banking, investing, asset management and other financial and risk management products and services. Co.'s segments are: Consumer Banking, which provides credit, banking and investment products and services; Global Wealth and Investment Management, which provides investment management, brokerage, banking and retirement products; Global Banking, which includes lending-related products and services, integrated working capital management and treasury solutions; Global Markets, which provides sales and trading services and research services; and All Other, which includes asset and liability management activities. | |
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Bank of America (BAC) has the following price history information. Looking back at BAC historical stock prices for the last five trading days, on April 12, 2024, BAC opened at $35.81, traded as high as $36.09 and as low as $35.53, and closed at $35.79. Trading volume was a total of 47.13M shares. On April 15, 2024, BAC opened at $36.33, traded as high as $36.76 and as low as $35.76, and closed at $35.95. Trading volume was a total of 44.39M shares. On April 16, 2024, BAC opened at $36.10, traded as high as $36.17 and as low as $34.15, and closed at $34.68. Trading volume was a total of 95.57M shares. On April 17, 2024, BAC opened at $34.89, traded as high as $35.75 and as low as $34.75, and closed at $35.23. Trading volume was a total of 65.95M shares. On April 18, 2024, BAC opened at $35.54, traded as high as $35.99 and as low as $35.18, and closed at $35.77. Trading volume was a total of 44.49M shares.
BAC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bank of America shares, starting with a $10,000 purchase of BAC, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$16.29 |
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End price/share: |
$35.77 |
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Starting shares: |
613.87 |
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Ending shares: |
747.15 |
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Dividends reinvested/share: |
$5.67 |
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Total return: |
167.26% |
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Average Annual Total Return: |
10.33% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,718.94 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$16.29 |
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End price/share: |
$35.77 |
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Dividends collected/share: |
$5.67 |
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Total return: |
154.39% |
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Average Annual Total Return: |
9.79% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,439.98 |
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Years: |
10.00 |
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|
Date |
Close |
04/12/2024 | $35.79 | 04/15/2024 | $35.95 | 04/16/2024 | $34.68 | 04/17/2024 | $35.23 | 04/18/2024 | $35.77 |
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