 |
 Video: Compound Annual Growth Rate (CAGR) Definition
|
|
| Date |
Open |
High |
Low |
Close |
Volume |
| 01/13/2022 |
$23.50 |
$23.50 |
$23.47 |
$23.49 |
555.10K | | 01/14/2022 |
$23.48 |
$23.50 |
$23.47 |
$23.50 |
418.00K | | 01/18/2022 |
$23.49 |
$23.51 |
$23.48 |
$23.49 |
244.80K | | 01/19/2022 |
$23.49 |
$23.51 |
$23.49 |
$23.49 |
651.40K | | 01/20/2022 |
$23.49 |
$23.49 |
$23.49 |
$23.49 |
0 |
|
|
| Marlin Business Services is a bank holding company and a financial holding company. Through its subsidiaries, Co. is a provider of credit products and services to small businesses. The products and services Co. provides to its customers include loans and leases for the acquisition of commercial equipment and working capital loans. Co. acquires its small business customers primarily by providing equipment financing through independent commercial equipment dealers and various national account programs, through direct solicitation of its small business customers and through relationships with select lease and loan brokers. | |
|
MRLN (MRLN) has the following price history information. Looking back at MRLN historical stock prices for the last five trading days, on January 13, 2022, MRLN opened at $23.50, traded as high as $23.50 and as low as $23.47, and closed at $23.49. Trading volume was a total of 555.10K shares. On January 14, 2022, MRLN opened at $23.48, traded as high as $23.50 and as low as $23.47, and closed at $23.50. Trading volume was a total of 418.00K shares. On January 18, 2022, MRLN opened at $23.49, traded as high as $23.51 and as low as $23.48, and closed at $23.49. Trading volume was a total of 244.80K shares. On January 19, 2022, MRLN opened at $23.49, traded as high as $23.51 and as low as $23.49, and closed at $23.49. Trading volume was a total of 651.40K shares. On January 20, 2022, MRLN opened at $23.49, traded as high as $23.49 and as low as $23.49, and closed at $23.49. Trading volume was a total of 0 shares.
MRLN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into MRLN shares, starting with a $10,000 purchase of MRLN, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
01/20/2022 |
|
| Start price/share: |
$19.82 |
|
| End price/share: |
$23.49 |
|
| Starting shares: |
504.54 |
|
| Ending shares: |
727.64 |
|
| Dividends reinvested/share: |
$6.25 |
|
| Total return: |
70.92% |
|
| Average Annual Total Return: |
7.16% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,094.50 |
|
| Years: |
7.75 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
01/20/2022 |
|
| Start price/share: |
$19.82 |
|
| End price/share: |
$23.49 |
|
| Dividends collected/share: |
$6.25 |
|
| Total return: |
50.05% |
|
| Average Annual Total Return: |
5.37% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,001.49 |
|
| Years: |
7.75 |
|
|
|
| Date |
Close |
| 01/13/2022 | $23.49 | | 01/14/2022 | $23.50 | | 01/18/2022 | $23.49 | | 01/19/2022 | $23.49 | | 01/20/2022 | $23.49 |
|
|
Free MRLN Email Alerts:
