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 stock yearly return is shown above.
The yearly return on the GBNY stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 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 GBNY annual return calculation with any dividends reinvested as applicable (on ex-dates).
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