Altabancorp is a bank holding company. Through its wholly-owned banking subsidiary, Altabank, Co. provides banking services primarily to small- to medium-sized businesses and to individuals in its primary markets including Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties. Co. also provides a range of banking services and products to individuals, including residential mortgage lending, personal checking and savings accounts, and online banking. Co. provides regular checking, rewards checking, savings, and money market deposit accounts. Co. also provides fixed-rate, fixed maturity retail CDs, individual retirement accounts and Jumbo CDs. The ALTA average annual return 10 years is shown above.
The Average Annual Return on the ALTA average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ALTA average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ALTA average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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