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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 08/10/2015 |
$18.70 |
$18.70 |
$18.41 |
$18.68 |
3.00K | | 08/11/2015 |
$18.70 |
$18.70 |
$18.09 |
$18.63 |
3.10K | | 08/12/2015 |
$18.70 |
$18.70 |
$18.34 |
$18.58 |
2.10K | | 08/13/2015 |
$18.68 |
$18.68 |
$18.06 |
$18.52 |
6.00K | | 08/14/2015 |
$18.64 |
$19.95 |
$18.64 |
$19.38 |
20.40K |
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| LNB Bancorp is a bank holding company. Through its subsidiary, The Lorain National Bank (the Bank), Co. engages in lending and depository services, investment services and other banking services. The primary business of the Bank is providing personal, mortgage and commercial banking products, along with investment management and trust services. The Bank's deposit services include time deposit accounts. At Dec 31 2013, the Bank operated via 20 retail-banking locations and 28 automated teller machines in Lorain, Erie, Cuyahoga and Summit counties in Ohio, and a business development office in Cuyahoga County. At Dec 31 2013, Co. had total assets of $1.23 billion and deposits of $1.15 billion. | |
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LNBB (LNBB) has the following price history information. Looking back at LNBB historical stock prices for the last five trading days, on August 10, 2015, LNBB opened at $18.70, traded as high as $18.70 and as low as $18.41, and closed at $18.68. Trading volume was a total of 3.00K shares. On August 11, 2015, LNBB opened at $18.70, traded as high as $18.70 and as low as $18.09, and closed at $18.63. Trading volume was a total of 3.10K shares. On August 12, 2015, LNBB opened at $18.70, traded as high as $18.70 and as low as $18.34, and closed at $18.58. Trading volume was a total of 2.10K shares. On August 13, 2015, LNBB opened at $18.68, traded as high as $18.68 and as low as $18.06, and closed at $18.52. Trading volume was a total of 6.00K shares. On August 14, 2015, LNBB opened at $18.64, traded as high as $19.95 and as low as $18.64, and closed at $19.38. Trading volume was a total of 20.40K shares.
LNBB Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into LNBB shares, starting with a $10,000 purchase of LNBB, 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: |
08/14/2015 |
|
| Start price/share: |
$11.23 |
|
| End price/share: |
$19.38 |
|
| Starting shares: |
890.47 |
|
| Ending shares: |
896.53 |
|
| Dividends reinvested/share: |
$0.11 |
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| Total return: |
73.75% |
|
| Average Annual Total Return: |
52.34% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,374.49 |
|
| Years: |
1.31 |
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Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
08/14/2015 |
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| Start price/share: |
$11.23 |
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| End price/share: |
$19.38 |
|
| Dividends collected/share: |
$0.11 |
|
| Total return: |
73.55% |
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| Average Annual Total Return: |
52.21% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,355.03 |
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| Years: |
1.31 |
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|
| Date |
Close |
| 08/10/2015 | $18.68 | | 08/11/2015 | $18.63 | | 08/12/2015 | $18.58 | | 08/13/2015 | $18.52 | | 08/14/2015 | $19.38 |
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