BSB Bancorp is a holding company. Through its subsidiary, Belmont Savings Bank, Co. is engaged in the business of accepting deposits from the general public, businesses, nonprofit organizations and municipalities and investing those deposits, together with funds generated from operations and borrowings, in one-to-four family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans (automobile loans assigned to Co. by automobile dealerships), commercial business loans, construction loans and investment securities. At Dec 31 2017, Co. had total assets of $2.68 billion and total deposits of $1.75 billion. The BLMT average annual return 10 years is shown above.
The Average Annual Return on the BLMT 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 BLMT 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 BLMT average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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