PCSB Financial is a bank holding company. Through its subsidiary, PCSB Bank, Co.'s primary business activity is accepting deposits from the general public and using those funds primarily to originate and purchase commercial real estate loans, business loans and one-to-four-family real estate loans and purchase investment securities. Co.'s lending activities include: commercial real estate loans, multi-family residential real estate loans, commercial loans, construction loans, residential mortgage loans, home equity lines of credit, and other loans. Co. has legal authority to invest in various types of investment securities and liquid assets, including U.S. Treasury obligations. The PCSB average annual return since 2017 is shown above.
The Average Annual Return on the PCSB average annual return since 2017 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 PCSB average annual return since 2017 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 PCSB average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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