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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/17/2024 |
$10.00 |
$10.00 |
$10.00 |
$10.00 |
300 | 04/18/2024 |
$10.08 |
$10.38 |
$10.02 |
$10.38 |
1.40K | 04/19/2024 |
$10.06 |
$10.06 |
$9.83 |
$9.83 |
400 | 04/22/2024 |
$9.77 |
$10.20 |
$9.77 |
$9.85 |
4.10K | 04/23/2024 |
$9.61 |
$10.01 |
$9.61 |
$9.76 |
2.80K |
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Summit State Bank is commercial bank operating a community banking business within its primary service area of Sonoma County in California. Co.'s lending activities are focused on commercial real estate, construction, and business loans to its targeted clientele. Through its branches and the use of technology, Co. provides various deposit products and services, including electronic banking, cash management services and electronic bill payment. Co. provides a set of loan products, such as commercial loans and leases, lines of credit, commercial real estate loans, Small Business Administration loans, residential mortgage loans to employees, home equity lines of credit and construction loans. | |
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Summit State Bank (SSBI) has the following price history information. Looking back at SSBI historical stock prices for the last five trading days, on April 17, 2024, SSBI opened at $10.00, traded as high as $10.00 and as low as $10.00, and closed at $10.00. Trading volume was a total of 300 shares. On April 18, 2024, SSBI opened at $10.08, traded as high as $10.38 and as low as $10.02, and closed at $10.38. Trading volume was a total of 1.40K shares. On April 19, 2024, SSBI opened at $10.06, traded as high as $10.06 and as low as $9.83, and closed at $9.83. Trading volume was a total of 400 shares. On April 22, 2024, SSBI opened at $9.77, traded as high as $10.20 and as low as $9.77, and closed at $9.85. Trading volume was a total of 4.10K shares. On April 23, 2024, SSBI opened at $9.61, traded as high as $10.01 and as low as $9.61, and closed at $9.76. Trading volume was a total of 2.80K shares.
SSBI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Summit State Bank shares, starting with a $10,000 purchase of SSBI, 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: |
$7.98 |
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End price/share: |
$9.76 |
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Starting shares: |
1,253.13 |
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Ending shares: |
1,781.95 |
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Dividends reinvested/share: |
$4.19 |
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Total return: |
73.92% |
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Average Annual Total Return: |
5.69% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,394.21 |
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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: |
$7.98 |
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End price/share: |
$9.76 |
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Dividends collected/share: |
$4.19 |
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Total return: |
74.80% |
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Average Annual Total Return: |
5.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,476.70 |
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Years: |
10.00 |
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Date |
Close |
04/17/2024 | $10.00 | 04/18/2024 | $10.38 | 04/19/2024 | $9.83 | 04/22/2024 | $9.85 | 04/23/2024 | $9.76 |
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