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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
11/08/2021 |
$24.98 |
$25.72 |
$24.98 |
$25.23 |
283.60K | 11/09/2021 |
$25.05 |
$25.35 |
$24.74 |
$25.16 |
199.60K | 11/10/2021 |
$25.13 |
$25.46 |
$24.30 |
$24.32 |
641.80K | 11/11/2021 |
$24.35 |
$24.97 |
$24.25 |
$24.65 |
271.90K | 11/12/2021 |
$24.60 |
$24.95 |
$23.89 |
$24.15 |
1.38M |
 |
Meridian Bancorp is a bank holding company. Through its subsidiary, East Boston Savings Bank, Co. provides deposit and loan products to individuals and businesses located in its primary market, which consists of Suffolk, Norfolk, Middlesex and Essex Counties, MA. Co. accepts deposits from the general public and uses those funds to originate one- to four-family real estate, multi-family and commercial real estate, construction, commercial and industrial, and consumer loans, which it primarily holds for investment. Co.'s lending business also involves the purchase and sale of loan participation interests. Co.'s deposit instruments include savings accounts and certificates of deposit. | |
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EBSB (EBSB) has the following price history information. Looking back at EBSB historical stock prices for the last five trading days, on November 08, 2021, EBSB opened at $24.98, traded as high as $25.72 and as low as $24.98, and closed at $25.23. Trading volume was a total of 283.60K shares. On November 09, 2021, EBSB opened at $25.05, traded as high as $25.35 and as low as $24.74, and closed at $25.16. Trading volume was a total of 199.60K shares. On November 10, 2021, EBSB opened at $25.13, traded as high as $25.46 and as low as $24.30, and closed at $24.32. Trading volume was a total of 641.80K shares. On November 11, 2021, EBSB opened at $24.35, traded as high as $24.97 and as low as $24.25, and closed at $24.65. Trading volume was a total of 271.90K shares. On November 12, 2021, EBSB opened at $24.60, traded as high as $24.95 and as low as $23.89, and closed at $24.15. Trading volume was a total of 1.38M shares.
EBSB Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into EBSB shares, starting with a $10,000 purchase of EBSB, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
12/11/2013 |
|
End date: |
11/12/2021 |
|
Start price/share: |
$8.88 |
|
End price/share: |
$24.15 |
|
Starting shares: |
1,126.13 |
|
Ending shares: |
1,229.73 |
|
Dividends reinvested/share: |
$1.41 |
|
Total return: |
196.98% |
|
Average Annual Total Return: |
14.72% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$29,696.24 |
|
Years: |
7.93 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/11/2013 |
|
End date: |
11/12/2021 |
|
Start price/share: |
$8.88 |
|
End price/share: |
$24.15 |
|
Dividends collected/share: |
$1.41 |
|
Total return: |
187.84% |
|
Average Annual Total Return: |
14.27% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$28,785.41 |
|
Years: |
7.93 |
|
|
 |
Date |
Close |
11/08/2021 | $25.23 | 11/09/2021 | $25.16 | 11/10/2021 | $24.32 | 11/11/2021 | $24.65 | 11/12/2021 | $24.15 |
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