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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$60.27 |
$60.96 |
$60.03 |
$60.36 |
405.80K | 04/15/2024 |
$60.64 |
$61.26 |
$59.69 |
$60.25 |
482.40K | 04/16/2024 |
$60.09 |
$60.09 |
$59.05 |
$59.23 |
362.50K | 04/17/2024 |
$59.86 |
$60.13 |
$59.37 |
$59.39 |
402.50K | 04/18/2024 |
$59.16 |
$59.87 |
$59.16 |
$59.69 |
397.70K |
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Prosperity Bancshares is a financial holding company. Through its subsidiary, Co. provides financial products and services to businesses and consumers. Co. provides commercial real estate (including farmland and multifamily residential), one-to-four family residential (including home equity) and construction, land development and other land loans. Co. is engaged in commercial and industrial lending providing commercial loans. Co. also provides agricultural loans, loans for automobiles and other consumer durables, home equity loans, debit and credit cards, digital banking solutions, trust and wealth management, retail brokerage services, mortgage services and treasury management. | |
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Prosperity Bancshares (PB) has the following price history information. Looking back at PB historical stock prices for the last five trading days, on April 12, 2024, PB opened at $60.27, traded as high as $60.96 and as low as $60.03, and closed at $60.36. Trading volume was a total of 405.80K shares. On April 15, 2024, PB opened at $60.64, traded as high as $61.26 and as low as $59.69, and closed at $60.25. Trading volume was a total of 482.40K shares. On April 16, 2024, PB opened at $60.09, traded as high as $60.09 and as low as $59.05, and closed at $59.23. Trading volume was a total of 362.50K shares. On April 17, 2024, PB opened at $59.86, traded as high as $60.13 and as low as $59.37, and closed at $59.39. Trading volume was a total of 402.50K shares. On April 18, 2024, PB opened at $59.16, traded as high as $59.87 and as low as $59.16, and closed at $59.69. Trading volume was a total of 397.70K shares.
PB Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Prosperity Bancshares shares, starting with a $10,000 purchase of PB, 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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$61.68 |
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End price/share: |
$59.69 |
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Starting shares: |
162.13 |
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Ending shares: |
209.72 |
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Dividends reinvested/share: |
$16.41 |
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Total return: |
25.18% |
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Average Annual Total Return: |
2.27% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,515.72 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$61.68 |
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End price/share: |
$59.69 |
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Dividends collected/share: |
$16.41 |
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Total return: |
23.38% |
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Average Annual Total Return: |
2.12% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,333.41 |
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Years: |
10.00 |
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|
Date |
Close |
04/12/2024 | $60.36 | 04/15/2024 | $60.25 | 04/16/2024 | $59.23 | 04/17/2024 | $59.39 | 04/18/2024 | $59.69 |
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