Blue Foundry is a bank holding company. Through its subsidiary, Blue Foundry Bank, Co. is engaged in originating one-to-four family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, Co. lends outside of its branch network in more densely populated and metropolitan areas. Co. accepts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, providing a variety of deposit products. Co. also invests in securities. The BLFY average annual return since 2021 is shown above.
The Average Annual Return on the BLFY average annual return since 2021 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 BLFY average annual return since 2021 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 BLFY average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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