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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$16.25 |
$16.35 |
$16.16 |
$16.25 |
24.40K | 04/19/2024 |
$16.18 |
$16.55 |
$16.18 |
$16.55 |
14.90K | 04/22/2024 |
$16.46 |
$16.76 |
$16.33 |
$16.36 |
10.60K | 04/23/2024 |
$16.55 |
$16.65 |
$16.35 |
$16.50 |
10.10K | 04/24/2024 |
$16.34 |
$16.70 |
$16.30 |
$16.60 |
15.10K |
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Parke Bancorp is a bank holding company. Co., through its subsidiary Parke Bank, provides personal and business financial services to individuals and small to mid-sized businesses. Co. provides a range of loan products, deposits services, and other financial products through its retail branches and other channels to its customers. Co.'s primary lending businesses are commercial real estate lending, residential real estate lending, and construction lending. Co. also provides a range of commercial and industry loan and consumer loan products to its customers. Co.'s deposit products include checking, savings, money market deposit, time deposits, and other deposit services. | |
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Parke Bancorp (PKBK) has the following price history information. Looking back at PKBK historical stock prices for the last five trading days, on April 18, 2024, PKBK opened at $16.25, traded as high as $16.35 and as low as $16.16, and closed at $16.25. Trading volume was a total of 24.40K shares. On April 19, 2024, PKBK opened at $16.18, traded as high as $16.55 and as low as $16.18, and closed at $16.55. Trading volume was a total of 14.90K shares. On April 22, 2024, PKBK opened at $16.46, traded as high as $16.76 and as low as $16.33, and closed at $16.36. Trading volume was a total of 10.60K shares. On April 23, 2024, PKBK opened at $16.55, traded as high as $16.65 and as low as $16.35, and closed at $16.50. Trading volume was a total of 10.10K shares. On April 24, 2024, PKBK opened at $16.34, traded as high as $16.70 and as low as $16.30, and closed at $16.60. Trading volume was a total of 15.10K shares.
PKBK Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Parke Bancorp shares, starting with a $10,000 purchase of PKBK, 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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$9.16 |
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End price/share: |
$16.60 |
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Starting shares: |
1,091.70 |
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Ending shares: |
1,460.63 |
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Dividends reinvested/share: |
$4.94 |
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Total return: |
142.46% |
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Average Annual Total Return: |
9.26% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,238.55 |
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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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$9.16 |
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End price/share: |
$16.60 |
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Dividends collected/share: |
$4.94 |
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Total return: |
135.20% |
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Average Annual Total Return: |
8.93% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,516.53 |
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Years: |
10.00 |
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|
Date |
Close |
04/18/2024 | $16.25 | 04/19/2024 | $16.55 | 04/22/2024 | $16.36 | 04/23/2024 | $16.50 | 04/24/2024 | $16.60 |
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