|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
05/23/2014 |
$21.11 |
$21.11 |
$20.69 |
$20.86 |
24.70K | 05/27/2014 |
$20.63 |
$21.14 |
$20.63 |
$21.04 |
14.40K | 05/28/2014 |
$21.19 |
$21.19 |
$20.84 |
$20.95 |
32.30K | 05/29/2014 |
$21.07 |
$21.20 |
$20.90 |
$21.06 |
28.90K | 05/30/2014 |
$20.97 |
$21.85 |
$20.86 |
$21.59 |
61.50K |
|
Firstbank is a bank holding company. Through its subsidiaries, Co. provides customary banking services, including the acceptance of checking, savings, and time deposits, and the making of commercial, agricultural, real estate, personal, home improvement, automobile and other installment and consumer loans. Trust services are provided to customers through Citizens Bank Wealth Management in Co.'s subsidiary, the Firstbank - Alma main office. Each of Co.'s subsidiary banks also provides securities brokerage services at their main offices through arrangements with third party brokerage firms. As of Dec 31 2012, Co. had total assets of $1.50 billion and total deposits of $1.24 billion. | |
|
FBMI (FBMI) has the following price history information. Looking back at FBMI historical stock prices for the last five trading days, on May 23, 2014, FBMI opened at $21.11, traded as high as $21.11 and as low as $20.69, and closed at $20.86. Trading volume was a total of 24.70K shares. On May 27, 2014, FBMI opened at $20.63, traded as high as $21.14 and as low as $20.63, and closed at $21.04. Trading volume was a total of 14.40K shares. On May 28, 2014, FBMI opened at $21.19, traded as high as $21.19 and as low as $20.84, and closed at $20.95. Trading volume was a total of 32.30K shares. On May 29, 2014, FBMI opened at $21.07, traded as high as $21.20 and as low as $20.90, and closed at $21.06. Trading volume was a total of 28.90K shares. On May 30, 2014, FBMI opened at $20.97, traded as high as $21.85 and as low as $20.86, and closed at $21.59. Trading volume was a total of 61.50K shares.
FBMI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into FBMI shares, starting with a $10,000 purchase of FBMI, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/24/2014 |
|
End date: |
05/30/2014 |
|
Start price/share: |
$17.36 |
|
End price/share: |
$21.59 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
24.37% |
|
Annualized Gain: |
247.05% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,437.00 |
|
Years: |
0.10 |
|
|
|
Date |
Close |
05/23/2014 | $20.86 | 05/27/2014 | $21.04 | 05/28/2014 | $20.95 | 05/29/2014 | $21.06 | 05/30/2014 | $21.59 |
|
|