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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
03/21/2023 |
$24.00 |
$24.54 |
$23.80 |
$24.54 |
12.30K | 03/22/2023 |
$24.58 |
$24.90 |
$23.65 |
$23.65 |
20.10K | 03/23/2023 |
$23.92 |
$24.82 |
$23.91 |
$24.37 |
31.80K | 03/24/2023 |
$24.40 |
$25.77 |
$24.40 |
$25.42 |
21.10K | 03/27/2023 |
$25.88 |
$25.88 |
$24.97 |
$25.07 |
21.10K |
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Farmers & Merchants Bancorp is a bank holding company. Through its subsidiary, FARMERS & MERCHANTS STATE BANK (the Bank), Co. engages in general commercial banking business. The Bank's activities include commercial, agricultural and residential mortgage as well as consumer and credit card lending activities. A substantial amount of the Bank's loan portfolio is comprised of loans made to customers in the farming industry for such things as farm land, farm equipment, livestock and operating loans for seed, fertilizer, and feed. Other types of lending activities include loans for home improvements and loans for such items as autos, trucks, recreational vehicles and motorcycles. | |
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Farmers and Merchants Bancorp (FMAO) has the following price history information. Looking back at FMAO historical stock prices for the last five trading days, on March 21, 2023, FMAO opened at $24.00, traded as high as $24.54 and as low as $23.80, and closed at $24.54. Trading volume was a total of 12.30K shares. On March 22, 2023, FMAO opened at $24.58, traded as high as $24.90 and as low as $23.65, and closed at $23.65. Trading volume was a total of 20.10K shares. On March 23, 2023, FMAO opened at $23.92, traded as high as $24.82 and as low as $23.91, and closed at $24.37. Trading volume was a total of 31.80K shares. On March 24, 2023, FMAO opened at $24.40, traded as high as $25.77 and as low as $24.40, and closed at $25.42. Trading volume was a total of 21.10K shares. On March 27, 2023, FMAO opened at $25.88, traded as high as $25.88 and as low as $24.97, and closed at $25.07. Trading volume was a total of 21.10K shares.
FMAO Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Farmers and Merchants Bancorp shares, starting with a $10,000 purchase of FMAO, 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: |
04/01/2013 |
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End date: |
03/27/2023 |
|
Start price/share: |
$10.88 |
|
End price/share: |
$25.07 |
|
Starting shares: |
919.12 |
|
Ending shares: |
1,183.79 |
|
Dividends reinvested/share: |
$5.36 |
|
Total return: |
196.78% |
|
Average Annual Total Return: |
11.50% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$29,672.91 |
|
Years: |
9.99 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/01/2013 |
|
End date: |
03/27/2023 |
|
Start price/share: |
$10.88 |
|
End price/share: |
$25.07 |
|
Dividends collected/share: |
$5.36 |
|
Total return: |
179.67% |
|
Average Annual Total Return: |
10.84% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$27,963.90 |
|
Years: |
9.99 |
|
|
 |
Date |
Close |
03/21/2023 | $24.54 | 03/22/2023 | $23.65 | 03/23/2023 | $24.37 | 03/24/2023 | $25.42 | 03/27/2023 | $25.07 |
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