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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
05/22/2023 |
$22.12 |
$22.32 |
$21.94 |
$22.25 |
9.70K | 05/23/2023 |
$22.39 |
$22.77 |
$22.33 |
$22.70 |
16.30K | 05/24/2023 |
$22.53 |
$22.89 |
$22.53 |
$22.70 |
11.00K | 05/25/2023 |
$22.87 |
$22.87 |
$22.50 |
$22.75 |
21.20K | 05/26/2023 |
$22.70 |
$22.85 |
$22.60 |
$22.71 |
18.00K |
 |
Unity Bancorp is a bank holding company. Through its subsidiary, Unity Bank (the Bank), Co. conducts a conventional and community-oriented commercial banking business and provides services, such as personal and business checking accounts, time deposits, money market accounts and savings accounts. Co. engages in a range of lending activities and provides commercial, Small Business Administration, consumer, mortgage, home equity and personal loans. The Bank is a commercial bank, providing a range of business and consumer financial services through its main office in Clinton, NJ and additional New Jersey branches. The Bank also has Pennsylvania branches located in Bethlehem and Forks Township. | |
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Unity Bancorp (UNTY) has the following price history information. Looking back at UNTY historical stock prices for the last five trading days, on May 22, 2023, UNTY opened at $22.12, traded as high as $22.32 and as low as $21.94, and closed at $22.25. Trading volume was a total of 9.70K shares. On May 23, 2023, UNTY opened at $22.39, traded as high as $22.77 and as low as $22.33, and closed at $22.70. Trading volume was a total of 16.30K shares. On May 24, 2023, UNTY opened at $22.53, traded as high as $22.89 and as low as $22.53, and closed at $22.70. Trading volume was a total of 11.00K shares. On May 25, 2023, UNTY opened at $22.87, traded as high as $22.87 and as low as $22.50, and closed at $22.75. Trading volume was a total of 21.20K shares. On May 26, 2023, UNTY opened at $22.70, traded as high as $22.85 and as low as $22.60, and closed at $22.71. Trading volume was a total of 18.00K shares.
UNTY Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Unity Bancorp shares, starting with a $10,000 purchase of UNTY, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
05/29/2013 |
|
End date: |
05/26/2023 |
|
Start price/share: |
$6.36 |
|
End price/share: |
$22.71 |
|
Starting shares: |
1,572.33 |
|
Ending shares: |
1,809.80 |
|
Dividends reinvested/share: |
$2.45 |
|
Total return: |
311.01% |
|
Average Annual Total Return: |
15.19% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$41,113.03 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
05/29/2013 |
|
End date: |
05/26/2023 |
|
Start price/share: |
$6.36 |
|
End price/share: |
$22.71 |
|
Dividends collected/share: |
$2.45 |
|
Total return: |
295.65% |
|
Average Annual Total Return: |
14.75% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$39,569.74 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
05/22/2023 | $22.25 | 05/23/2023 | $22.70 | 05/24/2023 | $22.70 | 05/25/2023 | $22.75 | 05/26/2023 | $22.71 |
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