 |
 Video: Compound Annual Growth Rate (CAGR) Definition
|
|
| Date |
Open |
High |
Low |
Close |
Volume |
| 02/23/2024 |
$9.21 |
$9.42 |
$9.21 |
$9.30 |
16.60K | | 02/26/2024 |
$9.29 |
$9.34 |
$9.02 |
$9.07 |
36.50K | | 02/27/2024 |
$9.06 |
$9.25 |
$8.92 |
$9.13 |
17.30K | | 02/28/2024 |
$9.03 |
$9.18 |
$9.03 |
$9.10 |
32.40K | | 02/29/2024 |
$9.29 |
$9.34 |
$9.06 |
$9.15 |
325.90K |
|
|
| Luther Burbank is a bank holding company. Through its subsidiary, Co. accepts deposits from the general public and invests those funds in a variety of loans, including permanent mortgage loans and construction loans secured by residential, multifamily, and commercial real estate. The primary components of Co.'s loan portfolio are multifamily and commercial real estate loans and single family residential loans, primarily jumbo loans which do not meet the requirements for conforming loans. Co. provides a range of deposit products for individuals and businesses, including interest and noninterest-bearing transaction accounts, certificates of deposit and money market accounts. | |
|
Luther Burbank (LBC) has the following price history information. Looking back at LBC historical stock prices for the last five trading days, on February 23, 2024, LBC opened at $9.21, traded as high as $9.42 and as low as $9.21, and closed at $9.30. Trading volume was a total of 16.60K shares. On February 26, 2024, LBC opened at $9.29, traded as high as $9.34 and as low as $9.02, and closed at $9.07. Trading volume was a total of 36.50K shares. On February 27, 2024, LBC opened at $9.06, traded as high as $9.25 and as low as $8.92, and closed at $9.13. Trading volume was a total of 17.30K shares. On February 28, 2024, LBC opened at $9.03, traded as high as $9.18 and as low as $9.03, and closed at $9.10. Trading volume was a total of 32.40K shares. On February 29, 2024, LBC opened at $9.29, traded as high as $9.34 and as low as $9.06, and closed at $9.15. Trading volume was a total of 325.90K shares.
LBC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Luther Burbank shares, starting with a $10,000 purchase of LBC, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
12/11/2017 |
|
| End date: |
02/29/2024 |
|
| Start price/share: |
$12.06 |
|
| End price/share: |
$9.15 |
|
| Starting shares: |
829.19 |
|
| Ending shares: |
942.94 |
|
| Dividends reinvested/share: |
$1.49 |
|
| Total return: |
-13.72% |
|
| Average Annual Total Return: |
-2.34% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$8,630.15 |
|
| Years: |
6.22 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/11/2017 |
|
| End date: |
02/29/2024 |
|
| Start price/share: |
$12.06 |
|
| End price/share: |
$9.15 |
|
| Dividends collected/share: |
$1.49 |
|
| Total return: |
-11.78% |
|
| Average Annual Total Return: |
-1.99% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$8,824.40 |
|
| Years: |
6.22 |
|
|
|
| Date |
Close |
| 02/23/2024 | $9.30 | | 02/26/2024 | $9.07 | | 02/27/2024 | $9.13 | | 02/28/2024 | $9.10 | | 02/29/2024 | $9.15 |
|
|
