Generations Bancorp NY's Total Assets for the quarter that ended in Mar. 2024 was $410.83 Mil.
Warning Sign:
If a company builds assets at 13.1% a year, faster than its revenue growth rate of 10.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Generations Bancorp NY's average Total Assets Growth Rate was 6.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.10% per year.
During the past 10 years, Generations Bancorp NY's highest 3-Year average Total Assets Growth Rate was 33.70%. The lowest was -2.50%. And the median was 4.70%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Generations Bancorp NY's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Generations Bancorp NY (NAS:GBNY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Generations Bancorp NY's Asset Turnover for the quarter that ended in Mar. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Generations Bancorp NY Total Assets Related Terms
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Generations Bancorp NY (Generations Bancorp NY) Business Description
Generations Bancorp NY Inc is a stock holding company whose business consists of attracting retail deposits investing those in mortgage loans, manufactured home, real estate, home equity, commercial, construction, and multi-family loans. It has three segments community banking, insurance agency and municipal banking segments.
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