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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/17/2024 |
$72.47 |
$73.21 |
$71.53 |
$71.53 |
52.40K | 04/18/2024 |
$71.64 |
$72.90 |
$71.29 |
$72.24 |
71.90K | 04/19/2024 |
$71.87 |
$74.34 |
$71.69 |
$74.30 |
92.20K | 04/22/2024 |
$74.27 |
$75.44 |
$74.04 |
$74.84 |
118.70K | 04/23/2024 |
$73.82 |
$79.08 |
$73.82 |
$76.94 |
114.90K |
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Preferred Bank is a commercial bank and is engaged in commercial, real estate, and international lending to customers with businesses domiciled in the state of California. Co.'s loan portfolio includes: real estate mortgage loans; commercial loans; real estate construction loans; Small Business Administration loans; and trade finance. Co. provides an array of deposit products such as regular checking, savings and money market deposit accounts; fixed-rate, fixed maturity retail certificates of deposit (CDs); and individual retirement accounts and non-retail CDs. Co. provides remote deposit capture both through online and mobile banking or courier service to pick up non-cash deposits. | |
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Preferred Bank (PFBC) has the following price history information. Looking back at PFBC historical stock prices for the last five trading days, on April 17, 2024, PFBC opened at $72.47, traded as high as $73.21 and as low as $71.53, and closed at $71.53. Trading volume was a total of 52.40K shares. On April 18, 2024, PFBC opened at $71.64, traded as high as $72.90 and as low as $71.29, and closed at $72.24. Trading volume was a total of 71.90K shares. On April 19, 2024, PFBC opened at $71.87, traded as high as $74.34 and as low as $71.69, and closed at $74.30. Trading volume was a total of 92.20K shares. On April 22, 2024, PFBC opened at $74.27, traded as high as $75.44 and as low as $74.04, and closed at $74.84. Trading volume was a total of 118.70K shares. On April 23, 2024, PFBC opened at $73.82, traded as high as $79.08 and as low as $73.82, and closed at $76.94. Trading volume was a total of 114.90K shares.
PFBC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Preferred Bank shares, starting with a $10,000 purchase of PFBC, 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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$22.32 |
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End price/share: |
$76.94 |
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Starting shares: |
448.03 |
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Ending shares: |
562.05 |
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Dividends reinvested/share: |
$12.02 |
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Total return: |
332.44% |
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Average Annual Total Return: |
15.76% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$43,227.42 |
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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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$22.32 |
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End price/share: |
$76.94 |
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Dividends collected/share: |
$12.02 |
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Total return: |
298.57% |
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Average Annual Total Return: |
14.82% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$39,841.88 |
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Years: |
10.00 |
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|
Date |
Close |
04/17/2024 | $71.53 | 04/18/2024 | $72.24 | 04/19/2024 | $74.30 | 04/22/2024 | $74.84 | 04/23/2024 | $76.94 |
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