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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 07/08/2019 |
$29.01 |
$29.30 |
$28.94 |
$29.20 |
30.92M | | 07/09/2019 |
$28.97 |
$29.42 |
$28.94 |
$29.35 |
28.75M | | 07/10/2019 |
$29.17 |
$29.40 |
$28.96 |
$29.02 |
40.57M | | 07/11/2019 |
$29.10 |
$29.50 |
$29.03 |
$29.36 |
37.38M | | 07/12/2019 |
$29.44 |
$29.53 |
$29.36 |
$29.45 |
29.62M |
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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 and 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 July 08, 2019, BAC opened at $29.01, traded as high as $29.30 and as low as $28.94, and closed at $29.20. Trading volume was a total of 30.92M shares. On July 09, 2019, BAC opened at $28.97, traded as high as $29.42 and as low as $28.94, and closed at $29.35. Trading volume was a total of 28.75M shares. On July 10, 2019, BAC opened at $29.17, traded as high as $29.40 and as low as $28.96, and closed at $29.02. Trading volume was a total of 40.57M shares. On July 11, 2019, BAC opened at $29.10, traded as high as $29.50 and as low as $29.03, and closed at $29.36. Trading volume was a total of 37.38M shares. On July 12, 2019, BAC opened at $29.44, traded as high as $29.53 and as low as $29.36, and closed at $29.45. Trading volume was a total of 29.62M 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: |
07/15/2009 |
|
| End date: |
07/12/2019 |
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| Start price/share: |
$13.42 |
|
| End price/share: |
$29.45 |
|
| Starting shares: |
745.16 |
|
| Ending shares: |
820.02 |
|
| Dividends reinvested/share: |
$1.98 |
|
| Total return: |
141.50% |
|
| Average Annual Total Return: |
9.22% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,149.98 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
07/15/2009 |
|
| End date: |
07/12/2019 |
|
| Start price/share: |
$13.42 |
|
| End price/share: |
$29.45 |
|
| Dividends collected/share: |
$1.98 |
|
| Total return: |
134.20% |
|
| Average Annual Total Return: |
8.89% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$23,430.34 |
|
| Years: |
10.00 |
|
|
|
| Date |
Close |
| 07/08/2019 | $29.20 | | 07/09/2019 | $29.35 | | 07/10/2019 | $29.02 | | 07/11/2019 | $29.36 | | 07/12/2019 | $29.45 |
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