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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
10/12/2021 |
$9.96 |
$10.20 |
$9.96 |
$10.02 |
150.10K | 10/13/2021 |
$10.00 |
$10.00 |
$9.81 |
$9.95 |
84.50K | 10/14/2021 |
$9.98 |
$10.05 |
$9.56 |
$9.71 |
128.80K | 10/15/2021 |
$9.87 |
$9.95 |
$9.50 |
$9.51 |
35.70K | 10/18/2021 |
$9.55 |
$9.65 |
$9.26 |
$9.40 |
149.50K |
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Pacific Mercantile Bancorp is a bank holding company. Through its subsidiary, Pacific Mercantile Bank, Co. provides a range of banking services to middle-market businesses primarily in Orange, Los Angeles, San Bernardino and San Diego counties in Southern California. Co.'s deposit products include noninterest-bearing checking accounts, interest-bearing checking accounts, money market and savings deposits, and certificates of deposit. Co. provides its customers a number of loan products, including commercial loans and credit lines, accounts receivable and inventory financing, Small Business Administration guaranteed business loans, and owner-occupied commercial real estate loans. | |
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PMBC (PMBC) has the following price history information. Looking back at PMBC historical stock prices for the last five trading days, on October 12, 2021, PMBC opened at $9.96, traded as high as $10.20 and as low as $9.96, and closed at $10.02. Trading volume was a total of 150.10K shares. On October 13, 2021, PMBC opened at $10.00, traded as high as $10.00 and as low as $9.81, and closed at $9.95. Trading volume was a total of 84.50K shares. On October 14, 2021, PMBC opened at $9.98, traded as high as $10.05 and as low as $9.56, and closed at $9.71. Trading volume was a total of 128.80K shares. On October 15, 2021, PMBC opened at $9.87, traded as high as $9.95 and as low as $9.50, and closed at $9.51. Trading volume was a total of 35.70K shares. On October 18, 2021, PMBC opened at $9.55, traded as high as $9.65 and as low as $9.26, and closed at $9.40. Trading volume was a total of 149.50K shares.
PMBC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into PMBC shares, starting with a $10,000 purchase of PMBC, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/25/2014 |
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End date: |
10/18/2021 |
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Start price/share: |
$6.64 |
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End price/share: |
$9.40 |
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Dividends collected/share: |
$0.00 |
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Total return: |
41.57% |
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Average Annual Total Return: |
4.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,154.90 |
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Years: |
7.49 |
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Date |
Close |
10/12/2021 | $10.02 | 10/13/2021 | $9.95 | 10/14/2021 | $9.71 | 10/15/2021 | $9.51 | 10/18/2021 | $9.40 |
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