ECB Bancorp is a bank holding company. Through its subsidiary, Everett Co-operative Bank, Co. takes deposits from the general public and invests those deposits, together with funds generated from operations, in one- to four-family residential real estate loans, commercial real estate and multifamily real estate loans, construction and land loans and home equity lines of credit. Co. also invests in securities, consisting primarily of U.S. government and federal agency obligations, mortgage-backed securities and corporate bonds. Co. provides a variety of deposit accounts, including certificate of deposit accounts, IRAs, money market accounts, demand deposit accounts and checking accounts. The ECBK average annual return since 2022 is shown above.
The Average Annual Return on the ECBK average annual return since 2022 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 ECBK average annual return since 2022 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 ECBK average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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