|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
10/28/2024 |
$20.50 |
$20.50 |
$20.50 |
$20.50 |
200 | 10/29/2024 |
$20.86 |
$20.86 |
$20.86 |
$20.86 |
100 | 10/30/2024 |
$20.86 |
$20.86 |
$20.86 |
$20.86 |
0 | 10/31/2024 |
$20.86 |
$20.86 |
$20.86 |
$20.86 |
0 | 11/01/2024 |
$20.17 |
$20.86 |
$20.17 |
$20.74 |
1.70K |
|
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 October 28, 2024, MCBI opened at $20.50, traded as high as $20.50 and as low as $20.50, and closed at $20.50. Trading volume was a total of 200 shares. On October 29, 2024, MCBI opened at $20.86, traded as high as $20.86 and as low as $20.86, and closed at $20.86. Trading volume was a total of 100 shares. On October 30, 2024, MCBI opened at $20.86, traded as high as $20.86 and as low as $20.86, and closed at $20.86. Trading volume was a total of 0 shares. On October 31, 2024, MCBI opened at $20.86, traded as high as $20.86 and as low as $20.86, and closed at $20.86. Trading volume was a total of 0 shares. On November 01, 2024, MCBI opened at $20.17, traded as high as $20.86 and as low as $20.17, and closed at $20.74. Trading volume was a total of 1.70K 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: |
03/03/2017 |
|
End date: |
11/01/2024 |
|
Start price/share: |
$14.00 |
|
End price/share: |
$20.74 |
|
Starting shares: |
714.29 |
|
Ending shares: |
776.79 |
|
Dividends reinvested/share: |
$1.96 |
|
Total return: |
61.11% |
|
Average Annual Total Return: |
6.42% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$16,114.90 |
|
Years: |
7.67 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
03/03/2017 |
|
End date: |
11/01/2024 |
|
Start price/share: |
$14.00 |
|
End price/share: |
$20.74 |
|
Dividends collected/share: |
$1.96 |
|
Total return: |
62.14% |
|
Average Annual Total Return: |
6.51% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$16,219.71 |
|
Years: |
7.67 |
|
|
|
Date |
Close |
10/28/2024 | $20.50 | 10/29/2024 | $20.86 | 10/30/2024 | $20.86 | 10/31/2024 | $20.86 | 11/01/2024 | $20.74 |
|
|