Generations Bancorp NY is engaged in the reception of deposits from the general public and, through its commercial bank subsidiary, Generations Commercial Bank, from New York State and County municipalities and agencies. Co. invests those deposits, together with borrowings and funds generated from operations, in the origination and purchase of one- to four-family residential real estate loans, including home equity loans and lines of credit. Co. also purchases and originates consumer loans, including automobile loans, recreational vehicle loans and manufactured home loans. Additionally, Co. provides insurance and other financial products. The GBNY average annual return since 2021 is shown above.
The Average Annual Return on the GBNY 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 GBNY 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 GBNY average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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