 |
Video: Compound Annual Growth Rate (CAGR) Definition
|
 |
Date |
Open |
High |
Low |
Close |
Volume |
09/25/2023 |
$16.25 |
$16.25 |
$16.25 |
$16.25 |
0 | 09/26/2023 |
$16.25 |
$16.25 |
$16.25 |
$16.25 |
0 | 09/27/2023 |
$16.50 |
$16.50 |
$16.50 |
$16.50 |
4.00K | 09/28/2023 |
$16.50 |
$16.50 |
$16.50 |
$16.50 |
0 | 09/29/2023 |
$16.50 |
$16.50 |
$16.50 |
$16.50 |
0 |
 |
MetroCorp Bancshares is a bank holding company. Co. is engaged in commercial banking activities through its wholly-owned subsidiaries, MetroBank, National Association and Metro United Bank. Co. is a provider of financial products and services to small and medium-sized businesses in a range of industries. Co.'s principal lines of business are the following: commercial and industrial loans; real estate mortgage - commercial and residential mortgage loans; real estate construction loans; government guaranteed small business lending; trade finance; and retail banking. As of Dec 31 2012, Co. had total assets of $1.51 billion and total deposits of $1.27 billion. | |
 |

MCBI (MCBI) has the following price history information. Looking back at MCBI historical stock prices for the last five trading days, on September 25, 2023, MCBI opened at $16.25, traded as high as $16.25 and as low as $16.25, and closed at $16.25. Trading volume was a total of 0 shares. On September 26, 2023, MCBI opened at $16.25, traded as high as $16.25 and as low as $16.25, and closed at $16.25. Trading volume was a total of 0 shares. On September 27, 2023, MCBI opened at $16.50, traded as high as $16.50 and as low as $16.50, and closed at $16.50. Trading volume was a total of 4.00K shares. On September 28, 2023, MCBI opened at $16.50, traded as high as $16.50 and as low as $16.50, and closed at $16.50. Trading volume was a total of 0 shares. On September 29, 2023, MCBI opened at $16.50, traded as high as $16.50 and as low as $16.50, and closed at $16.50. Trading volume was a total of 0 shares.
MCBI Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into MCBI shares, starting with a $10,000 purchase of MCBI, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
03/02/2017 |
|
End date: |
09/29/2023 |
|
Start price/share: |
$13.50 |
|
End price/share: |
$16.50 |
|
Starting shares: |
740.74 |
|
Ending shares: |
789.94 |
|
Dividends reinvested/share: |
$1.62 |
|
Total return: |
30.34% |
|
Average Annual Total Return: |
4.11% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,033.67 |
|
Years: |
6.58 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
03/02/2017 |
|
End date: |
09/29/2023 |
|
Start price/share: |
$13.50 |
|
End price/share: |
$16.50 |
|
Dividends collected/share: |
$1.62 |
|
Total return: |
34.22% |
|
Average Annual Total Return: |
4.58% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,425.63 |
|
Years: |
6.58 |
|
|
 |
Date |
Close |
09/25/2023 | $16.25 | 09/26/2023 | $16.25 | 09/27/2023 | $16.50 | 09/28/2023 | $16.50 | 09/29/2023 | $16.50 |
|
 |