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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$21.99 |
$22.24 |
$21.81 |
$21.95 |
303.50K | 04/23/2024 |
$21.84 |
$22.74 |
$21.84 |
$22.60 |
378.70K | 04/24/2024 |
$22.32 |
$22.58 |
$22.25 |
$22.55 |
304.30K | 04/25/2024 |
$22.42 |
$22.48 |
$22.12 |
$22.36 |
367.70K | 04/26/2024 |
$22.80 |
$22.80 |
$22.07 |
$22.57 |
465.90K |
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First Financial Bancorp is a bank holding company. Through its subsidiary, First Financial Bank, Co. engages in the business of commercial banking and other banking and banking-related activities. The range of banking services provided by Co. to individuals and businesses includes commercial lending, real estate lending and consumer financing. In addition, Co. provides deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for commercial customers. A range of trust and wealth management services is also provided through Co.'s Wealth Management line of business. Co. also provides lease and equipment financing. | |
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First Financial Bancorp (FFBC) has the following price history information. Looking back at FFBC historical stock prices for the last five trading days, on April 22, 2024, FFBC opened at $21.99, traded as high as $22.24 and as low as $21.81, and closed at $21.95. Trading volume was a total of 303.50K shares. On April 23, 2024, FFBC opened at $21.84, traded as high as $22.74 and as low as $21.84, and closed at $22.60. Trading volume was a total of 378.70K shares. On April 24, 2024, FFBC opened at $22.32, traded as high as $22.58 and as low as $22.25, and closed at $22.55. Trading volume was a total of 304.30K shares. On April 25, 2024, FFBC opened at $22.42, traded as high as $22.48 and as low as $22.12, and closed at $22.36. Trading volume was a total of 367.70K shares. On April 26, 2024, FFBC opened at $22.80, traded as high as $22.80 and as low as $22.07, and closed at $22.57. Trading volume was a total of 465.90K shares.
FFBC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Financial Bancorp shares, starting with a $10,000 purchase of FFBC, 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: |
04/30/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$16.19 |
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End price/share: |
$22.57 |
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Starting shares: |
617.67 |
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Ending shares: |
897.82 |
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Dividends reinvested/share: |
$8.01 |
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Total return: |
102.64% |
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Average Annual Total Return: |
7.32% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$20,263.88 |
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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: |
04/30/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$16.19 |
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End price/share: |
$22.57 |
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Dividends collected/share: |
$8.01 |
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Total return: |
88.88% |
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Average Annual Total Return: |
6.57% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,891.83 |
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Years: |
10.00 |
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|
Date |
Close |
04/22/2024 | $21.95 | 04/23/2024 | $22.60 | 04/24/2024 | $22.55 | 04/25/2024 | $22.36 | 04/26/2024 | $22.57 |
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