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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$24.90 |
$25.27 |
$24.84 |
$25.10 |
63.80K | 03/22/2024 |
$25.10 |
$25.10 |
$24.29 |
$24.31 |
49.20K | 03/25/2024 |
$24.42 |
$24.77 |
$24.17 |
$24.25 |
27.90K | 03/26/2024 |
$24.26 |
$24.43 |
$23.95 |
$23.97 |
32.00K | 03/27/2024 |
$24.09 |
$24.87 |
$24.09 |
$24.82 |
49.80K |
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Midland States Bancorp is a bank holding company. Through its subsidiary, Midland States Bank, Co. has branches across Illinois and in Missouri, and provides a range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. Co.'s community banking business consists of commercial and retail lending and deposit taking. Co. provides depository products, including checking, savings, money market and certificates of deposits. Co. also provides sweep accounts to its business customers and sweep accounts that are guaranteed through repurchase agreements. | |
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Midland States Bancorp (MSBI) has the following price history information. Looking back at MSBI historical stock prices for the last five trading days, on March 21, 2024, MSBI opened at $24.90, traded as high as $25.27 and as low as $24.84, and closed at $25.10. Trading volume was a total of 63.80K shares. On March 22, 2024, MSBI opened at $25.10, traded as high as $25.10 and as low as $24.29, and closed at $24.31. Trading volume was a total of 49.20K shares. On March 25, 2024, MSBI opened at $24.42, traded as high as $24.77 and as low as $24.17, and closed at $24.25. Trading volume was a total of 27.90K shares. On March 26, 2024, MSBI opened at $24.26, traded as high as $24.43 and as low as $23.95, and closed at $23.97. Trading volume was a total of 32.00K shares. On March 27, 2024, MSBI opened at $24.09, traded as high as $24.87 and as low as $24.09, and closed at $24.82. Trading volume was a total of 49.80K shares.
MSBI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Midland States Bancorp shares, starting with a $10,000 purchase of MSBI, 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: |
05/25/2016 |
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End date: |
03/27/2024 |
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Start price/share: |
$22.01 |
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End price/share: |
$24.82 |
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Starting shares: |
454.34 |
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Ending shares: |
625.31 |
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Dividends reinvested/share: |
$7.87 |
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Total return: |
55.20% |
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Average Annual Total Return: |
5.76% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,515.77 |
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Years: |
7.84 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/25/2016 |
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End date: |
03/27/2024 |
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Start price/share: |
$22.01 |
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End price/share: |
$24.82 |
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Dividends collected/share: |
$7.87 |
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Total return: |
48.54% |
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Average Annual Total Return: |
5.17% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,849.65 |
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Years: |
7.84 |
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Date |
Close |
03/21/2024 | $25.10 | 03/22/2024 | $24.31 | 03/25/2024 | $24.25 | 03/26/2024 | $23.97 | 03/27/2024 | $24.82 |
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