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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$32.65 |
$33.49 |
$32.41 |
$33.22 |
107.90K | 04/23/2024 |
$33.29 |
$34.45 |
$33.20 |
$34.11 |
140.20K | 04/24/2024 |
$33.61 |
$34.60 |
$33.61 |
$34.50 |
147.40K | 04/25/2024 |
$33.81 |
$33.81 |
$31.45 |
$31.55 |
256.20K | 04/26/2024 |
$31.68 |
$31.99 |
$31.40 |
$31.52 |
179.30K |
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First Bancorp is a bank holding company. Through its subsidiary, First Bank, Co. is engaged in a range of banking activities. Co. provides deposit products such as checking, savings, and money market accounts, as well as time deposits, including various types of certificates of deposits and individual retirement accounts. Co. provides loans for a range of consumer and commercial purposes, including loans for business, real estate, personal uses, home improvement, and automobiles. Co. provides residential mortgages through its Mortgage Banking Division, and Co. provides Small Business Administration (SBA) loans to small business owners across the nation through its SBA Lending Division. | |
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First Bancorp (FBNC) has the following price history information. Looking back at FBNC historical stock prices for the last five trading days, on April 22, 2024, FBNC opened at $32.65, traded as high as $33.49 and as low as $32.41, and closed at $33.22. Trading volume was a total of 107.90K shares. On April 23, 2024, FBNC opened at $33.29, traded as high as $34.45 and as low as $33.20, and closed at $34.11. Trading volume was a total of 140.20K shares. On April 24, 2024, FBNC opened at $33.61, traded as high as $34.60 and as low as $33.61, and closed at $34.50. Trading volume was a total of 147.40K shares. On April 25, 2024, FBNC opened at $33.81, traded as high as $33.81 and as low as $31.45, and closed at $31.55. Trading volume was a total of 256.20K shares. On April 26, 2024, FBNC opened at $31.68, traded as high as $31.99 and as low as $31.40, and closed at $31.52. Trading volume was a total of 179.30K shares.
FBNC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Bancorp shares, starting with a $10,000 purchase of FBNC, 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: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$17.26 |
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End price/share: |
$31.52 |
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Starting shares: |
579.37 |
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Ending shares: |
697.77 |
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Dividends reinvested/share: |
$5.64 |
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Total return: |
119.94% |
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Average Annual Total Return: |
8.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,992.40 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$17.26 |
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End price/share: |
$31.52 |
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Dividends collected/share: |
$5.64 |
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Total return: |
115.30% |
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Average Annual Total Return: |
7.97% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,529.35 |
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Years: |
10.00 |
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|
Date |
Close |
04/22/2024 | $33.22 | 04/23/2024 | $34.11 | 04/24/2024 | $34.50 | 04/25/2024 | $31.55 | 04/26/2024 | $31.52 |
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