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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$37.00 |
$37.91 |
$36.87 |
$37.73 |
43.87M | 04/23/2024 |
$37.94 |
$38.42 |
$37.83 |
$38.37 |
39.18M | 04/24/2024 |
$38.02 |
$38.49 |
$38.00 |
$38.32 |
28.67M | 04/25/2024 |
$37.93 |
$38.27 |
$37.38 |
$37.91 |
41.12M | 04/26/2024 |
$37.93 |
$38.31 |
$37.78 |
$37.83 |
28.52M |
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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 22, 2024, BAC opened at $37.00, traded as high as $37.91 and as low as $36.87, and closed at $37.73. Trading volume was a total of 43.87M shares. On April 23, 2024, BAC opened at $37.94, traded as high as $38.42 and as low as $37.83, and closed at $38.37. Trading volume was a total of 39.18M shares. On April 24, 2024, BAC opened at $38.02, traded as high as $38.49 and as low as $38.00, and closed at $38.32. Trading volume was a total of 28.67M shares. On April 25, 2024, BAC opened at $37.93, traded as high as $38.27 and as low as $37.38, and closed at $37.91. Trading volume was a total of 41.12M shares. On April 26, 2024, BAC opened at $37.93, traded as high as $38.31 and as low as $37.78, and closed at $37.83. Trading volume was a total of 28.52M 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: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$15.24 |
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End price/share: |
$37.83 |
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Starting shares: |
656.17 |
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Ending shares: |
798.63 |
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Dividends reinvested/share: |
$5.67 |
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Total return: |
202.12% |
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Average Annual Total Return: |
11.69% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,209.46 |
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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: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$15.24 |
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End price/share: |
$37.83 |
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Dividends collected/share: |
$5.67 |
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Total return: |
185.43% |
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Average Annual Total Return: |
11.06% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$28,548.07 |
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Years: |
10.00 |
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|
Date |
Close |
04/22/2024 | $37.73 | 04/23/2024 | $38.37 | 04/24/2024 | $38.32 | 04/25/2024 | $37.91 | 04/26/2024 | $37.83 |
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