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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 12/04/2023 |
$47.33 |
$49.78 |
$47.33 |
$49.72 |
329.00K | | 12/05/2023 |
$49.16 |
$49.39 |
$48.20 |
$48.32 |
312.30K | | 12/06/2023 |
$49.16 |
$51.15 |
$48.50 |
$48.88 |
383.30K | | 12/07/2023 |
$48.87 |
$49.65 |
$47.79 |
$48.79 |
216.50K | | 12/08/2023 |
$48.67 |
$50.42 |
$48.67 |
$50.20 |
288.40K |
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| Customers Bancorp is a bank holding company. Through its subsidiary, Customers Bank, Co. has various branches and provides commercial banking products, primarily loans and deposits. Co. provides a range of conventional loan and deposit banking products and financial services, and non-conventional products and services such as Customers Bank Instant Token™, to its commercial and consumer customers. Co. provides an array of lending products to cater to its customers' needs, including specialty loans, commercial mortgage warehouse loans, multifamily and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgage loans and installment loans. | |
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Customers Bancorp (CUBI) has the following price history information. Looking back at CUBI historical stock prices for the last five trading days, on December 04, 2023, CUBI opened at $47.33, traded as high as $49.78 and as low as $47.33, and closed at $49.72. Trading volume was a total of 329.00K shares. On December 05, 2023, CUBI opened at $49.16, traded as high as $49.39 and as low as $48.20, and closed at $48.32. Trading volume was a total of 312.30K shares. On December 06, 2023, CUBI opened at $49.16, traded as high as $51.15 and as low as $48.50, and closed at $48.88. Trading volume was a total of 383.30K shares. On December 07, 2023, CUBI opened at $48.87, traded as high as $49.65 and as low as $47.79, and closed at $48.79. Trading volume was a total of 216.50K shares. On December 08, 2023, CUBI opened at $48.67, traded as high as $50.42 and as low as $48.67, and closed at $50.20. Trading volume was a total of 288.40K shares.
CUBI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Customers Bancorp shares, starting with a $10,000 purchase of CUBI, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/11/2013 |
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| End date: |
12/08/2023 |
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| Start price/share: |
$17.29 |
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| End price/share: |
$50.20 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
190.34% |
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| Average Annual Total Return: |
11.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,031.76 |
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| Years: |
10.00 |
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|
| Date |
Close |
| 12/04/2023 | $49.72 | | 12/05/2023 | $48.32 | | 12/06/2023 | $48.88 | | 12/07/2023 | $48.79 | | 12/08/2023 | $50.20 |
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