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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$7.86 |
$7.92 |
$7.84 |
$7.91 |
245.80K | 04/15/2024 |
$7.95 |
$8.04 |
$7.84 |
$7.92 |
263.20K | 04/16/2024 |
$7.82 |
$7.93 |
$7.74 |
$7.88 |
279.50K | 04/17/2024 |
$7.94 |
$8.01 |
$7.85 |
$7.85 |
290.50K | 04/18/2024 |
$7.86 |
$7.98 |
$7.86 |
$7.90 |
295.40K |
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Heritage Commerce is a bank holding company. Through its subsidiary, Heritage Bank of Commerce, Co. provides a range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. Co.'s lending activities include commercial, real estate, construction and land development, consumer and Small Business Administration guaranteed loans. Co. focuses on deposit generation on relationship accounts, encompassing non-interest bearing demand, interest bearing demand, and money market accounts. Co. also provides certificates of deposit and savings accounts. Co. also provides customers e-statements that allows customers to receive statements electronically. | |
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Heritage Commerce (HTBK) has the following price history information. Looking back at HTBK historical stock prices for the last five trading days, on April 12, 2024, HTBK opened at $7.86, traded as high as $7.92 and as low as $7.84, and closed at $7.91. Trading volume was a total of 245.80K shares. On April 15, 2024, HTBK opened at $7.95, traded as high as $8.04 and as low as $7.84, and closed at $7.92. Trading volume was a total of 263.20K shares. On April 16, 2024, HTBK opened at $7.82, traded as high as $7.93 and as low as $7.74, and closed at $7.88. Trading volume was a total of 279.50K shares. On April 17, 2024, HTBK opened at $7.94, traded as high as $8.01 and as low as $7.85, and closed at $7.85. Trading volume was a total of 290.50K shares. On April 18, 2024, HTBK opened at $7.86, traded as high as $7.98 and as low as $7.86, and closed at $7.90. Trading volume was a total of 295.40K shares.
HTBK Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Heritage Commerce shares, starting with a $10,000 purchase of HTBK, 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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$8.25 |
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End price/share: |
$7.90 |
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Starting shares: |
1,212.12 |
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Ending shares: |
1,820.63 |
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Dividends reinvested/share: |
$4.35 |
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Total return: |
43.83% |
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Average Annual Total Return: |
3.70% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,379.52 |
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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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$8.25 |
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End price/share: |
$7.90 |
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Dividends collected/share: |
$4.35 |
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Total return: |
48.48% |
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Average Annual Total Return: |
4.03% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,843.59 |
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Years: |
10.00 |
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|
Date |
Close |
04/12/2024 | $7.91 | 04/15/2024 | $7.92 | 04/16/2024 | $7.88 | 04/17/2024 | $7.85 | 04/18/2024 | $7.90 |
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