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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$18.00 |
$18.00 |
$18.00 |
$18.00 |
0 | 04/19/2024 |
$17.75 |
$18.00 |
$17.75 |
$18.00 |
4.00K | 04/22/2024 |
$18.00 |
$18.00 |
$18.00 |
$18.00 |
100 | 04/23/2024 |
$18.00 |
$18.00 |
$18.00 |
$18.00 |
0 | 04/24/2024 |
$18.00 |
$18.00 |
$18.00 |
$18.00 |
0 |
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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. | |
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MCBI (MCBI) has the following price history information. Looking back at MCBI historical stock prices for the last five trading days, on April 18, 2024, MCBI opened at $18.00, traded as high as $18.00 and as low as $18.00, and closed at $18.00. Trading volume was a total of 0 shares. On April 19, 2024, MCBI opened at $17.75, traded as high as $18.00 and as low as $17.75, and closed at $18.00. Trading volume was a total of 4.00K shares. On April 22, 2024, MCBI opened at $18.00, traded as high as $18.00 and as low as $18.00, and closed at $18.00. Trading volume was a total of 100 shares. On April 23, 2024, MCBI opened at $18.00, traded as high as $18.00 and as low as $18.00, and closed at $18.00. Trading volume was a total of 0 shares. On April 24, 2024, MCBI opened at $18.00, traded as high as $18.00 and as low as $18.00, and closed at $18.00. 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
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Start date: |
03/03/2017 |
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End date: |
04/24/2024 |
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Start price/share: |
$14.00 |
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End price/share: |
$18.00 |
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Starting shares: |
714.29 |
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Ending shares: |
772.54 |
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Dividends reinvested/share: |
$1.86 |
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Total return: |
39.06% |
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Average Annual Total Return: |
4.72% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,903.23 |
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Years: |
7.15 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/03/2017 |
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End date: |
04/24/2024 |
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Start price/share: |
$14.00 |
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End price/share: |
$18.00 |
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Dividends collected/share: |
$1.86 |
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Total return: |
41.86% |
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Average Annual Total Return: |
5.02% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,190.34 |
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Years: |
7.15 |
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Date |
Close |
04/18/2024 | $18.00 | 04/19/2024 | $18.00 | 04/22/2024 | $18.00 | 04/23/2024 | $18.00 | 04/24/2024 | $18.00 |
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