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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 05/26/2020 |
$23.75 |
$24.60 |
$23.70 |
$24.28 |
119.49M | | 05/27/2020 |
$26.07 |
$26.17 |
$24.97 |
$25.98 |
117.67M | | 05/28/2020 |
$26.08 |
$26.14 |
$24.79 |
$24.86 |
84.34M | | 05/29/2020 |
$24.42 |
$24.91 |
$24.06 |
$24.12 |
113.92M | | 06/01/2020 |
$24.28 |
$24.87 |
$24.05 |
$24.61 |
58.38M |
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| Bank of America is a bank and a financial holding company. Through its subsidiaries, Co. provides a range of banking, investing, asset management and other financial and risk management products and services. Co.'s segments include: Consumer Banking, which provides credit, banking and investment products and services; Global Wealth & Investment Management, which provides investment management, brokerage, banking and retirement products; Global Banking, which provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services; and Global Markets, which provides sales and trading services and research services. |
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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 May 26, 2020, BAC opened at $23.75, traded as high as $24.60 and as low as $23.70, and closed at $24.28. Trading volume was a total of 119.49M shares. On May 27, 2020, BAC opened at $26.07, traded as high as $26.17 and as low as $24.97, and closed at $25.98. Trading volume was a total of 117.67M shares. On May 28, 2020, BAC opened at $26.08, traded as high as $26.14 and as low as $24.79, and closed at $24.86. Trading volume was a total of 84.34M shares. On May 29, 2020, BAC opened at $24.42, traded as high as $24.91 and as low as $24.06, and closed at $24.12. Trading volume was a total of 113.92M shares. On June 01, 2020, BAC opened at $24.28, traded as high as $24.87 and as low as $24.05, and closed at $24.61. Trading volume was a total of 58.38M 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: |
06/02/2010 |
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| End date: |
06/01/2020 |
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| Start price/share: |
$15.89 |
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| End price/share: |
$24.61 |
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| Starting shares: |
629.33 |
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| Ending shares: |
704.17 |
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| Dividends reinvested/share: |
$2.49 |
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| Total return: |
73.30% |
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| Average Annual Total Return: |
5.65% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,331.09 |
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| Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/02/2010 |
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| End date: |
06/01/2020 |
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| Start price/share: |
$15.89 |
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| End price/share: |
$24.61 |
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| Dividends collected/share: |
$2.49 |
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| Total return: |
70.55% |
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| Average Annual Total Return: |
5.48% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,054.08 |
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| Years: |
10.01 |
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|
| Date |
Close |
| 05/26/2020 | $24.28 | | 05/27/2020 | $25.98 | | 05/28/2020 | $24.86 | | 05/29/2020 | $24.12 | | 06/01/2020 | $24.61 |
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