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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
05/01/2024 |
$37.13 |
$38.51 |
$36.47 |
$37.64 |
334.50K | 05/02/2024 |
$38.25 |
$39.00 |
$37.87 |
$38.83 |
294.00K | 05/03/2024 |
$39.73 |
$40.39 |
$39.30 |
$40.31 |
280.70K | 05/06/2024 |
$40.41 |
$41.12 |
$40.41 |
$40.90 |
226.80K | 05/07/2024 |
$40.99 |
$41.40 |
$40.54 |
$40.73 |
207.00K |
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Independent Bank Group is a bank holding company. Through its subsidiary, Independent Bank, Co. provides a range of banking services to individual and corporate customers in the North, Central and Southeast, Texas areas and along the Colorado Front Range, through its various branch locations in those areas. Co. is engaged in community banking activities, which include commercial and retail lending, deposit gathering, and investment and liquidity management activities. Co.'s primary deposit products are demand deposits, money market accounts and certificates of deposit, and its primary lending products are commercial business and real estate, real estate mortgage and consumer loans. | |
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Independent Bank Group (IBTX) has the following price history information. Looking back at IBTX historical stock prices for the last five trading days, on May 01, 2024, IBTX opened at $37.13, traded as high as $38.51 and as low as $36.47, and closed at $37.64. Trading volume was a total of 334.50K shares. On May 02, 2024, IBTX opened at $38.25, traded as high as $39.00 and as low as $37.87, and closed at $38.83. Trading volume was a total of 294.00K shares. On May 03, 2024, IBTX opened at $39.73, traded as high as $40.39 and as low as $39.30, and closed at $40.31. Trading volume was a total of 280.70K shares. On May 06, 2024, IBTX opened at $40.41, traded as high as $41.12 and as low as $40.41, and closed at $40.90. Trading volume was a total of 226.80K shares. On May 07, 2024, IBTX opened at $40.99, traded as high as $41.40 and as low as $40.54, and closed at $40.73. Trading volume was a total of 207.00K shares.
IBTX Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Independent Bank Group shares, starting with a $10,000 purchase of IBTX, 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: |
05/09/2014 |
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End date: |
05/07/2024 |
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Start price/share: |
$49.19 |
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End price/share: |
$40.73 |
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Starting shares: |
203.29 |
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Ending shares: |
241.50 |
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Dividends reinvested/share: |
$8.95 |
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Total return: |
-1.64% |
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Average Annual Total Return: |
-0.16% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$9,841.10 |
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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: |
05/09/2014 |
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End date: |
05/07/2024 |
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Start price/share: |
$49.19 |
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End price/share: |
$40.73 |
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Dividends collected/share: |
$8.95 |
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Total return: |
1.00% |
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Average Annual Total Return: |
0.10% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,100.48 |
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Years: |
10.00 |
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Date |
Close |
05/01/2024 | $37.64 | 05/02/2024 | $38.83 | 05/03/2024 | $40.31 | 05/06/2024 | $40.90 | 05/07/2024 | $40.73 |
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