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 stock yearly return is shown above.
The yearly return on the BLMT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the BLMT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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