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Generations Bancorp Ny Inc   (GBNY)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial
 
Price: $10.5000 $0.01 0.095%
Day's High: $10.5 Week Perf: 0.48 %
Day's Low: $ 10.50 30 Day Perf: 5.95 %
Volume (M): 1 52 Wk High: $ 11.62
Volume (M$): $ 6 52 Wk Avg: $9.59
Open: $10.50 52 Wk Low: $8.04



 Market Capitalization (Millions $) 23
 Shares Outstanding (Millions) 2
 Employees -
 Revenues (TTM) (Millions $) 10
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Generations Bancorp Ny Inc
Generations Bancorp NY Inc is a financial holding company based in New York. It operates through its subsidiary, Generations Bank, which is a full-service community bank. The bank provides various banking products and services including personal and business banking, mortgage loans, consumer loans, and wealth management services. Generations Bancorp NY Inc focuses on serving the banking needs of individuals, families, and small to medium-sized businesses in its local communities. It aims to provide personalized, high-quality financial services to its customers.


   Company Address: 20 East Bayard Street Seneca Falls 13148 MD
   Company Phone Number: 568-5855   Stock Exchange / Ticker: NASDAQ GBNY
   


   

Stock Performances by Major Competitors

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Generations Bancorp Ny Inc

Generations Bancorp NY Inc Shockingly Reports Declining Revenue for Q1 2024

The stock market has been buzzing with activity in recent weeks, and one company that has caught the attention of many investors is Generations Bancorp Ny Inc. Despite some challenges in their first quarter earnings, there are signs of improvement that bode well for the future.
Despite weak orders causing a decline in revenue, Generations Bancorp Ny Inc managed to improve their losses in the first quarter of the 2024 earnings season. Net loss per share advanced to $-0.25 from $-0.07, indicating a positive trend. Though revenue dropped by -28.041% to $2.11 million from $2.94 million compared to the prior year, this decline is expected to be temporary.

Generations Bancorp Ny Inc

Generations Bancorp Ny Inc Faces Deficit Due to Weak Sales in Fiscal Period Ending Dec 31, 2023

The stock market is a constantly evolving entity, with ups and downs that often leave investors on the edge of their seats. But amidst all the fluctuations, there are always a few hidden gems that shine through. One such gem is Generations Bancorp Ny Inc, a company that has captured the attention of seasoned investors and newcomers alike.
In the financial span ending December 31, 2023, Generations Bancorp Ny Inc reported a deficit of $-0.30 per share. Although this may seem disheartening at first glance, it's important to note that this is a significant improvement compared to the previous year's deficit of $0.01 per share. Additionally, the company showed resilience by maintaining the same deficit as the previous financial reporting period.

Generations Bancorp Ny Inc

Generations Bancorp NY Inc experiences modest -$0.30 losses in the Q3 2023 earnings season



Generations Bancorp NY Inc, a prominent player in the financial industry, recently reported its third-quarter earnings for 2023. Although the results showcased a loss, the company's performance indicated some interesting trends and signals within the market. This article will delve into the key figures and provide insights into the state of the stock market.
Weak Business Causes Improvement in Losses:
During the third quarter of 2023, Generations Bancorp NY Inc experienced a shortfall per share of $-0.30, a considerable decline compared to $0.13 in the previous year. This marked improvement in losses can be partly attributed to weak business conditions affecting revenue growth. Revenue dropped by a significant -29.691%, falling from $3.24 million to $2.28 million year-over-year.

Generations Bancorp Ny Inc

Generations Bancorp Ny Inc Battles Declining Revenues Amid Wider Industry Growth in Q2 2023



The stock market is a dynamic realm where investors seek opportunities to maximize their returns. One such company that deserves attention is Generations Bancorp NY Inc. While recent financial reports indicate a decline in certain aspects, there are several positive indicators that suggest a potential upswing in its fortunes. Let's delve into the details to understand why Generations Bancorp NY Inc could be an appealing stock option.
Positive Signals:
1. Revenue Growth:
Although the company experienced a -11.639% decrease in revenue to $2.86 million compared to the previous year's reporting season, it is important to note that the entire S&Ls Savings Banks industry averaged a revenue increase of 0.47% during the same period. This indicates the company's resilience relative to its industry peers, despite the challenging market conditions.

Generations Bancorp Ny Inc

Generations Bancorp NY Inc. Plunges into Financial Crisis as Deficit Mounts in Latest Financial Results

Generations Bancorp NY Inc, a successful banking organization based in New York, recently reported its financial results for the interval ending March 31, 2023. Unfortunately, the company slipped into a deficit of $-0.07 per share compared to the same quarter a year before where it had posted earnings of $0.17 per share. This is not good news for investors who had high expectations from the company. The company's earnings per share also fell from $0.01 per share in the prior quarter.
The revenue decline of 12.675% from $3.36 million to $2.94 million is also a significant cause of concern. The decline in revenue is a clear indication that the company's financial performance is not up to the mark. The sequential revenue decline of 2.686% from $3.02 million adds to the overall decline in revenue, which is not reassuring for the company's financial health.
The net loss of $-0.152 million is another notable decline from zero gain in the corresponding quarter last year. The financial status of the company is dented by these results, which indicates that the company is facing some challenges in the current market.






 

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Generations Bancorp Ny Inc does not provide revenue guidance.

Earnings Outlook
Generations Bancorp Ny Inc does not provide earnings estimates.

 
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