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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/17/2024 |
$22.20 |
$22.38 |
$21.98 |
$21.98 |
8.30K | 04/18/2024 |
$22.31 |
$22.31 |
$21.85 |
$22.14 |
8.10K | 04/19/2024 |
$22.09 |
$22.35 |
$21.86 |
$22.29 |
11.20K | 04/22/2024 |
$22.13 |
$22.35 |
$22.13 |
$22.35 |
3.50K | 04/23/2024 |
$22.48 |
$22.75 |
$22.48 |
$22.75 |
3.50K |
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Middlefield Banc is a bank holding company. Through its subsidiary, The Middlefield Banking Company (the Bank), Co. engages in a general commercial banking business in northeastern and central Ohio. The Bank provides customers a range of banking services including checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, a variety of consumer loans, safe deposit facilities, and travelers' checks. The Bank provides online banking and bill payment services to individuals and online cash management services to business customers through its website at www.middlefieldbank.bank. | |
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Middlefield Banc (MBCN) has the following price history information. Looking back at MBCN historical stock prices for the last five trading days, on April 17, 2024, MBCN opened at $22.20, traded as high as $22.38 and as low as $21.98, and closed at $21.98. Trading volume was a total of 8.30K shares. On April 18, 2024, MBCN opened at $22.31, traded as high as $22.31 and as low as $21.85, and closed at $22.14. Trading volume was a total of 8.10K shares. On April 19, 2024, MBCN opened at $22.09, traded as high as $22.35 and as low as $21.86, and closed at $22.29. Trading volume was a total of 11.20K shares. On April 22, 2024, MBCN opened at $22.13, traded as high as $22.35 and as low as $22.13, and closed at $22.35. Trading volume was a total of 3.50K shares. On April 23, 2024, MBCN opened at $22.48, traded as high as $22.75 and as low as $22.48, and closed at $22.75. Trading volume was a total of 3.50K shares.
MBCN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Middlefield Banc shares, starting with a $10,000 purchase of MBCN, 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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$13.88 |
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End price/share: |
$22.75 |
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Starting shares: |
720.46 |
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Ending shares: |
962.93 |
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Dividends reinvested/share: |
$6.31 |
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Total return: |
119.07% |
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Average Annual Total Return: |
8.16% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,915.94 |
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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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$13.88 |
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End price/share: |
$22.75 |
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Dividends collected/share: |
$6.31 |
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Total return: |
109.37% |
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Average Annual Total Return: |
7.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,942.82 |
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Years: |
10.00 |
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|
Date |
Close |
04/17/2024 | $21.98 | 04/18/2024 | $22.14 | 04/19/2024 | $22.29 | 04/22/2024 | $22.35 | 04/23/2024 | $22.75 |
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