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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
06/01/2023 |
$4.97 |
$5.12 |
$4.91 |
$4.93 |
30.10K | 06/02/2023 |
$4.96 |
$5.18 |
$4.83 |
$4.96 |
68.60K | 06/05/2023 |
$4.94 |
$5.10 |
$4.88 |
$4.99 |
12.70K | 06/06/2023 |
$4.99 |
$5.28 |
$4.99 |
$5.28 |
30.90K | 06/07/2023 |
$5.32 |
$5.55 |
$5.25 |
$5.51 |
69.30K |
 |
Sterling Bancorp is a unitary savings and loan holding company. Through its wholly-owned subsidiary, Sterling Bank and Trust, F.S.B. (the Bank), Co. provides a range of loan products to the residential and commercial markets, as well as retail banking services. The Bank originates residential and commercial real estate loans, construction loans, commercial lines of credit and other consumer loans and provides deposit products, consisting primarily of checking, savings and term certificate accounts. The Bank operates through a several branches are located in San Francisco and Los Angeles, CA with the remaining branches located in New York, NY, and Southfield, MI. | |
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Sterling Bancorp (SBT) has the following price history information. Looking back at SBT historical stock prices for the last five trading days, on June 01, 2023, SBT opened at $4.97, traded as high as $5.12 and as low as $4.91, and closed at $4.93. Trading volume was a total of 30.10K shares. On June 02, 2023, SBT opened at $4.96, traded as high as $5.18 and as low as $4.83, and closed at $4.96. Trading volume was a total of 68.60K shares. On June 05, 2023, SBT opened at $4.94, traded as high as $5.10 and as low as $4.88, and closed at $4.99. Trading volume was a total of 12.70K shares. On June 06, 2023, SBT opened at $4.99, traded as high as $5.28 and as low as $4.99, and closed at $5.28. Trading volume was a total of 30.90K shares. On June 07, 2023, SBT opened at $5.32, traded as high as $5.55 and as low as $5.25, and closed at $5.51. Trading volume was a total of 69.30K shares.
SBT Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sterling Bancorp shares, starting with a $10,000 purchase of SBT, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
11/17/2017 |
|
End date: |
06/07/2023 |
|
Start price/share: |
$12.16 |
|
End price/share: |
$5.51 |
|
Starting shares: |
822.37 |
|
Ending shares: |
829.74 |
|
Dividends reinvested/share: |
$0.09 |
|
Total return: |
-54.28% |
|
Average Annual Total Return: |
-13.15% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$4,570.49 |
|
Years: |
5.55 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
11/17/2017 |
|
End date: |
06/07/2023 |
|
Start price/share: |
$12.16 |
|
End price/share: |
$5.51 |
|
Dividends collected/share: |
$0.09 |
|
Total return: |
-53.95% |
|
Average Annual Total Return: |
-13.03% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$4,605.67 |
|
Years: |
5.55 |
|
|
 |
Date |
Close |
06/01/2023 | $4.93 | 06/02/2023 | $4.96 | 06/05/2023 | $4.99 | 06/06/2023 | $5.28 | 06/07/2023 | $5.51 |
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