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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
12/05/2024 |
$47.85 |
$48.42 |
$47.54 |
$47.65 |
136.00K | 12/06/2024 |
$47.97 |
$47.99 |
$47.19 |
$47.93 |
93.70K | 12/09/2024 |
$48.32 |
$48.62 |
$48.03 |
$48.33 |
207.40K | 12/10/2024 |
$48.27 |
$49.05 |
$47.43 |
$48.07 |
289.30K | 12/11/2024 |
$48.65 |
$48.91 |
$48.04 |
$48.05 |
194.60K |
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First Bancorp is a bank holding company. Co.'s principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates approximately 118 branches in North Carolina and South Carolina. It maintains a diversified loan portfolio by providing a range of commercial and retail lending services to business entities and individuals. It provides commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, letters of credit, and loans for personal uses, home improvement, and automobiles. | |
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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 December 05, 2024, FBNC opened at $47.85, traded as high as $48.42 and as low as $47.54, and closed at $47.65. Trading volume was a total of 136.00K shares. On December 06, 2024, FBNC opened at $47.97, traded as high as $47.99 and as low as $47.19, and closed at $47.93. Trading volume was a total of 93.70K shares. On December 09, 2024, FBNC opened at $48.32, traded as high as $48.62 and as low as $48.03, and closed at $48.33. Trading volume was a total of 207.40K shares. On December 10, 2024, FBNC opened at $48.27, traded as high as $49.05 and as low as $47.43, and closed at $48.07. Trading volume was a total of 289.30K shares. On December 11, 2024, FBNC opened at $48.65, traded as high as $48.91 and as low as $48.04, and closed at $48.05. Trading volume was a total of 194.60K 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: |
12/15/2014 |
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End date: |
12/11/2024 |
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Start price/share: |
$17.05 |
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End price/share: |
$48.05 |
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Starting shares: |
586.51 |
|
Ending shares: |
708.41 |
|
Dividends reinvested/share: |
$5.92 |
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Total return: |
240.39% |
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Average Annual Total Return: |
13.03% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$34,024.48 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/15/2014 |
|
End date: |
12/11/2024 |
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Start price/share: |
$17.05 |
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End price/share: |
$48.05 |
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Dividends collected/share: |
$5.92 |
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Total return: |
216.54% |
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Average Annual Total Return: |
12.22% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$31,663.98 |
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Years: |
10.00 |
|
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|
Date |
Close |
12/05/2024 | $47.65 | 12/06/2024 | $47.93 | 12/09/2024 | $48.33 | 12/10/2024 | $48.07 | 12/11/2024 | $48.05 |
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