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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$33.04 |
$33.98 |
$33.04 |
$33.94 |
560.00K | 04/22/2024 |
$33.95 |
$34.62 |
$33.90 |
$34.50 |
452.10K | 04/23/2024 |
$34.53 |
$35.57 |
$34.53 |
$34.90 |
661.20K | 04/24/2024 |
$34.69 |
$34.96 |
$33.50 |
$33.60 |
700.10K | 04/25/2024 |
$33.63 |
$34.02 |
$33.12 |
$33.41 |
789.50K |
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The Bancorp is a financial holding company. Through its subsidiary, The Bancorp Bank (the Bank), Co. focuses its lending activities upon four lending segments: securities-backed lines of credit and cash value of insurance-backed lines of credit leasing (direct lease financing), Small Business Administration (SBA) loans and non-SBA commercial real estate loans. Co. provides a range of products and services to its affinity group clients and their customer bases, including: checking accounts; savings accounts; money market accounts; commercial accounts; and various types of prepaid and debit cards. Co. also provides Automated Clearing House bill payment and other payment services. | |
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The Bancorp (TBBK) has the following price history information. Looking back at TBBK historical stock prices for the last five trading days, on April 19, 2024, TBBK opened at $33.04, traded as high as $33.98 and as low as $33.04, and closed at $33.94. Trading volume was a total of 560.00K shares. On April 22, 2024, TBBK opened at $33.95, traded as high as $34.62 and as low as $33.90, and closed at $34.50. Trading volume was a total of 452.10K shares. On April 23, 2024, TBBK opened at $34.53, traded as high as $35.57 and as low as $34.53, and closed at $34.90. Trading volume was a total of 661.20K shares. On April 24, 2024, TBBK opened at $34.69, traded as high as $34.96 and as low as $33.50, and closed at $33.60. Trading volume was a total of 700.10K shares. On April 25, 2024, TBBK opened at $33.63, traded as high as $34.02 and as low as $33.12, and closed at $33.41. Trading volume was a total of 789.50K shares.
TBBK Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into The Bancorp shares, starting with a $10,000 purchase of TBBK, 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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$15.55 |
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End price/share: |
$33.41 |
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Dividends collected/share: |
$0.00 |
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Total return: |
114.86% |
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Average Annual Total Return: |
7.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,485.00 |
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Years: |
10.00 |
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Date |
Close |
04/19/2024 | $33.94 | 04/22/2024 | $34.50 | 04/23/2024 | $34.90 | 04/24/2024 | $33.60 | 04/25/2024 | $33.41 |
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