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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 01/11/2019 |
$25.53 |
$26.04 |
$25.46 |
$26.03 |
63.48M | | 01/14/2019 |
$25.77 |
$26.48 |
$25.61 |
$26.37 |
76.72M | | 01/15/2019 |
$26.21 |
$26.81 |
$26.05 |
$26.55 |
80.63M | | 01/16/2019 |
$28.13 |
$28.72 |
$27.86 |
$28.45 |
163.13M | | 01/17/2019 |
$28.34 |
$29.00 |
$28.09 |
$28.99 |
106.84M |
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| Bank of America is a bank and financial holding company. Through its banking and various nonbanking subsidiaries throughout the U.S. and in international markets, Co. serves individual consumers, small- and middle-market businesses, institutional investors, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. Co. provides its services and products through four segments: Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets. As of Dec 31 2017, Co. had total assets of $2.28 trillion and total deposits of $1.31 trillion. | |
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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 January 11, 2019, BAC opened at $25.53, traded as high as $26.04 and as low as $25.46, and closed at $26.03. Trading volume was a total of 63.48M shares. On January 14, 2019, BAC opened at $25.77, traded as high as $26.48 and as low as $25.61, and closed at $26.37. Trading volume was a total of 76.72M shares. On January 15, 2019, BAC opened at $26.21, traded as high as $26.81 and as low as $26.05, and closed at $26.55. Trading volume was a total of 80.63M shares. On January 16, 2019, BAC opened at $28.13, traded as high as $28.72 and as low as $27.86, and closed at $28.45. Trading volume was a total of 163.13M shares. On January 17, 2019, BAC opened at $28.34, traded as high as $29.00 and as low as $28.09, and closed at $28.99. Trading volume was a total of 106.84M 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: |
01/20/2009 |
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| End date: |
01/17/2019 |
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| Start price/share: |
$5.10 |
|
| End price/share: |
$28.99 |
|
| Starting shares: |
1,960.78 |
|
| Ending shares: |
2,143.07 |
|
| Dividends reinvested/share: |
$1.70 |
|
| Total return: |
521.28% |
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| Average Annual Total Return: |
20.05% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$62,144.72 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/20/2009 |
|
| End date: |
01/17/2019 |
|
| Start price/share: |
$5.10 |
|
| End price/share: |
$28.99 |
|
| Dividends collected/share: |
$1.70 |
|
| Total return: |
501.76% |
|
| Average Annual Total Return: |
19.66% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$60,155.65 |
|
| Years: |
10.00 |
|
|
|
| Date |
Close |
| 01/11/2019 | $26.03 | | 01/14/2019 | $26.37 | | 01/15/2019 | $26.55 | | 01/16/2019 | $28.45 | | 01/17/2019 | $28.99 |
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