|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$11.16 |
$12.07 |
$10.91 |
$11.95 |
452.60K | 04/22/2024 |
$12.20 |
$12.85 |
$12.20 |
$12.60 |
881.70K | 04/23/2024 |
$12.34 |
$12.87 |
$12.34 |
$12.85 |
428.60K | 04/24/2024 |
$12.71 |
$12.86 |
$12.49 |
$12.84 |
504.40K | 04/25/2024 |
$12.67 |
$12.68 |
$12.26 |
$12.58 |
369.30K |
|
Lakeland Bancorp is a bank holding company. Through its wholly owned subsidiary, Lakeland Bank (the Bank), Co. provides a suite of financial products and services for businesses and consumers. Through the Bank, Co. provides a range of lending, depository, and related financial services to individuals and small to medium sized businesses. The Bank also provides a range of consumer banking services, including checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, internet banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. | |
|
Lakeland Bancorp (LBAI) has the following price history information. Looking back at LBAI historical stock prices for the last five trading days, on April 19, 2024, LBAI opened at $11.16, traded as high as $12.07 and as low as $10.91, and closed at $11.95. Trading volume was a total of 452.60K shares. On April 22, 2024, LBAI opened at $12.20, traded as high as $12.85 and as low as $12.20, and closed at $12.60. Trading volume was a total of 881.70K shares. On April 23, 2024, LBAI opened at $12.34, traded as high as $12.87 and as low as $12.34, and closed at $12.85. Trading volume was a total of 428.60K shares. On April 24, 2024, LBAI opened at $12.71, traded as high as $12.86 and as low as $12.49, and closed at $12.84. Trading volume was a total of 504.40K shares. On April 25, 2024, LBAI opened at $12.67, traded as high as $12.68 and as low as $12.26, and closed at $12.58. Trading volume was a total of 369.30K shares.
LBAI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lakeland Bancorp shares, starting with a $10,000 purchase of LBAI, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
04/29/2014 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$9.98 |
|
End price/share: |
$12.58 |
|
Starting shares: |
1,002.00 |
|
Ending shares: |
1,372.10 |
|
Dividends reinvested/share: |
$4.58 |
|
Total return: |
72.61% |
|
Average Annual Total Return: |
5.61% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$17,257.80 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/29/2014 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$9.98 |
|
End price/share: |
$12.58 |
|
Dividends collected/share: |
$4.58 |
|
Total return: |
71.91% |
|
Average Annual Total Return: |
5.57% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$17,192.57 |
|
Years: |
10.00 |
|
|
|
Date |
Close |
04/19/2024 | $11.95 | 04/22/2024 | $12.60 | 04/23/2024 | $12.85 | 04/24/2024 | $12.84 | 04/25/2024 | $12.58 |
|
|