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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 01/16/2025 |
$37.35 |
$38.02 |
$37.08 |
$37.90 |
172.00K | | 01/17/2025 |
$38.25 |
$38.79 |
$37.95 |
$38.67 |
116.60K | | 01/21/2025 |
$38.98 |
$39.83 |
$38.82 |
$39.72 |
261.50K | | 01/22/2025 |
$39.72 |
$39.96 |
$39.05 |
$39.44 |
247.50K | | 01/23/2025 |
$39.15 |
$39.64 |
$38.78 |
$39.14 |
107.90K |
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| Merchants Bancorp is a diversified bank holding company operating through subsidiaries like Merchants Bank of Indiana and Merchants Capital Corp. It has three segments: Multi-family Mortgage Banking, offering financing and servicing for multi-family housing and healthcare facilities, and syndicating low-income housing tax credit and debt funds; Mortgage Warehousing, providing mortgage warehouse financing, commercial loans, and deposit services; and Banking, offering portfolio lending for multi-family and healthcare facility loans, residential mortgage banking, agricultural lending, SBA lending, and traditional community banking. | |
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Merchants Bancorp (Indiana) (MBIN) has the following price history information. Looking back at MBIN historical stock prices for the last five trading days, on January 16, 2025, MBIN opened at $37.35, traded as high as $38.02 and as low as $37.08, and closed at $37.90. Trading volume was a total of 172.00K shares. On January 17, 2025, MBIN opened at $38.25, traded as high as $38.79 and as low as $37.95, and closed at $38.67. Trading volume was a total of 116.60K shares. On January 21, 2025, MBIN opened at $38.98, traded as high as $39.83 and as low as $38.82, and closed at $39.72. Trading volume was a total of 261.50K shares. On January 22, 2025, MBIN opened at $39.72, traded as high as $39.96 and as low as $39.05, and closed at $39.44. Trading volume was a total of 247.50K shares. On January 23, 2025, MBIN opened at $39.15, traded as high as $39.64 and as low as $38.78, and closed at $39.14. Trading volume was a total of 107.90K shares.
MBIN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Merchants Bancorp (Indiana) shares, starting with a $10,000 purchase of MBIN, 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: |
10/30/2017 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$11.40 |
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| End price/share: |
$39.14 |
|
| Starting shares: |
877.19 |
|
| Ending shares: |
954.83 |
|
| Dividends reinvested/share: |
$1.79 |
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| Total return: |
273.72% |
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| Average Annual Total Return: |
19.98% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$37,378.17 |
|
| Years: |
7.24 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/30/2017 |
|
| End date: |
01/23/2025 |
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| Start price/share: |
$11.40 |
|
| End price/share: |
$39.14 |
|
| Dividends collected/share: |
$1.79 |
|
| Total return: |
259.06% |
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| Average Annual Total Return: |
19.32% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$35,915.16 |
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| Years: |
7.24 |
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| Date |
Close |
| 01/16/2025 | $37.90 | | 01/17/2025 | $38.67 | | 01/21/2025 | $39.72 | | 01/22/2025 | $39.44 | | 01/23/2025 | $39.14 |
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