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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
06/01/2023 |
$38.02 |
$39.13 |
$37.66 |
$38.93 |
30.00K | 06/02/2023 |
$39.50 |
$40.89 |
$39.50 |
$40.13 |
32.50K | 06/05/2023 |
$40.46 |
$40.46 |
$39.45 |
$39.88 |
20.50K | 06/06/2023 |
$39.89 |
$41.78 |
$39.89 |
$40.96 |
38.30K | 06/07/2023 |
$40.84 |
$41.40 |
$40.38 |
$41.08 |
56.00K |
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Northrim BanCorp is a bank holding company. Co.'s direct wholly-owned subsidiaries include: Northrim Bank, which operates a factoring business through its subsidiary, Northrim Funding Services, and also provides various commercial and consumer loan and deposit products, investment products, and electronic banking services over the Internet; Northrim Investment Services Company, which owns Pacific Wealth Advisors, LLC, an investment advisory, trust, and wealth management business; and Northrim Statutory Trust 2, which facilitates a trust preferred securities offering by Co. Also, Co. originates one-to-four family residential mortgages throughout Alaska which it sells to the secondary market. | |
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Northrim BanCorp (NRIM) has the following price history information. Looking back at NRIM historical stock prices for the last five trading days, on June 01, 2023, NRIM opened at $38.02, traded as high as $39.13 and as low as $37.66, and closed at $38.93. Trading volume was a total of 30.00K shares. On June 02, 2023, NRIM opened at $39.50, traded as high as $40.89 and as low as $39.50, and closed at $40.13. Trading volume was a total of 32.50K shares. On June 05, 2023, NRIM opened at $40.46, traded as high as $40.46 and as low as $39.45, and closed at $39.88. Trading volume was a total of 20.50K shares. On June 06, 2023, NRIM opened at $39.89, traded as high as $41.78 and as low as $39.89, and closed at $40.96. Trading volume was a total of 38.30K shares. On June 07, 2023, NRIM opened at $40.84, traded as high as $41.40 and as low as $40.38, and closed at $41.08. Trading volume was a total of 56.00K shares.
NRIM Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Northrim BanCorp shares, starting with a $10,000 purchase of NRIM, 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: |
06/11/2013 |
|
End date: |
06/07/2023 |
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Start price/share: |
$22.02 |
|
End price/share: |
$41.08 |
|
Starting shares: |
454.13 |
|
Ending shares: |
628.14 |
|
Dividends reinvested/share: |
$11.25 |
|
Total return: |
158.04% |
|
Average Annual Total Return: |
9.95% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$25,806.35 |
|
Years: |
9.99 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
06/11/2013 |
|
End date: |
06/07/2023 |
|
Start price/share: |
$22.02 |
|
End price/share: |
$41.08 |
|
Dividends collected/share: |
$11.25 |
|
Total return: |
137.65% |
|
Average Annual Total Return: |
9.05% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$23,771.17 |
|
Years: |
9.99 |
|
|
 |
Date |
Close |
06/01/2023 | $38.93 | 06/02/2023 | $40.13 | 06/05/2023 | $39.88 | 06/06/2023 | $40.96 | 06/07/2023 | $41.08 |
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