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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$8.00 |
$8.15 |
$7.91 |
$7.95 |
93.10K | 04/15/2024 |
$8.03 |
$8.03 |
$7.82 |
$7.89 |
110.70K | 04/16/2024 |
$7.92 |
$7.94 |
$7.70 |
$7.77 |
48.50K | 04/17/2024 |
$7.85 |
$7.96 |
$7.66 |
$7.76 |
63.40K | 04/18/2024 |
$7.83 |
$8.23 |
$7.36 |
$7.72 |
45.00K |
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Provident Bancorp is a bank holding company. Through its subsidiary, BankProv, Co. is a stock savings bank for corporate clients, focusing on providing banking solutions to various markets. Co.'s lending activities include: commercial business loans, commercial real estate loans, multi-family residential real estate loans, construction and land development loans, and mortgage warehouse loans. Co. accepts deposits through the provision of a selection of deposit instruments, including noninterest-bearing demand deposits (such as checking accounts), interest-bearing demand accounts (such as NOW and money market accounts), savings accounts and certificates of deposit. | |
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Provident Bancorp (PVBC) has the following price history information. Looking back at PVBC historical stock prices for the last five trading days, on April 12, 2024, PVBC opened at $8.00, traded as high as $8.15 and as low as $7.91, and closed at $7.95. Trading volume was a total of 93.10K shares. On April 15, 2024, PVBC opened at $8.03, traded as high as $8.03 and as low as $7.82, and closed at $7.89. Trading volume was a total of 110.70K shares. On April 16, 2024, PVBC opened at $7.92, traded as high as $7.94 and as low as $7.70, and closed at $7.77. Trading volume was a total of 48.50K shares. On April 17, 2024, PVBC opened at $7.85, traded as high as $7.96 and as low as $7.66, and closed at $7.76. Trading volume was a total of 63.40K shares. On April 18, 2024, PVBC opened at $7.83, traded as high as $8.23 and as low as $7.36, and closed at $7.72. Trading volume was a total of 45.00K shares.
PVBC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Provident Bancorp shares, starting with a $10,000 purchase of PVBC, 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: |
08/19/2015 |
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End date: |
04/18/2024 |
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Start price/share: |
$6.26 |
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End price/share: |
$7.72 |
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Starting shares: |
1,597.44 |
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Ending shares: |
1,641.33 |
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Dividends reinvested/share: |
$0.36 |
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Total return: |
26.71% |
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Average Annual Total Return: |
2.77% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,673.48 |
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Years: |
8.67 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
08/19/2015 |
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End date: |
04/18/2024 |
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Start price/share: |
$6.26 |
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End price/share: |
$7.72 |
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Dividends collected/share: |
$0.36 |
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Total return: |
29.07% |
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Average Annual Total Return: |
2.99% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,910.67 |
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Years: |
8.67 |
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Date |
Close |
04/12/2024 | $7.95 | 04/15/2024 | $7.89 | 04/16/2024 | $7.77 | 04/17/2024 | $7.76 | 04/18/2024 | $7.72 |
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