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Grand River Commerce (Grand River Commerce) 5-Year Yield-on-Cost % : 0.00 (As of May. 15, 2024)


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What is Grand River Commerce 5-Year Yield-on-Cost %?

Grand River Commerce's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Grand River Commerce's 5-Year Yield-on-Cost % or its related term are showing as below:



GNRV's 5-Year Yield-on-Cost % is not ranked *
in the Banks industry.
Industry Median: 4.94
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Grand River Commerce's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Grand River Commerce's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grand River Commerce's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grand River Commerce's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Grand River Commerce's 5-Year Yield-on-Cost % falls into.



Grand River Commerce 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Grand River Commerce is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Grand River Commerce  (OTCPK:GNRV) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Grand River Commerce 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Grand River Commerce's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grand River Commerce (Grand River Commerce) Business Description

Traded in Other Exchanges
N/A
Address
4471 Wilson Avenue, South West, Grandville, MI, USA, 49418
Grand River Commerce Inc is a United States based bank holding company. It operates a full-service commercial bank and offers a range of commercial and consumer banking services to businesses, professionals, and local residents. The bank's deposit products are Interest and Non-interest bearing checking accounts, Savings accounts and Time deposits, and its primary lending products are Real estate mortgages, Commercial and Consumer loans. The company's prime source of revenue is the interest income.
Executives
Patrick K Gill officer: PRES/CEO - Grand River Bank
Thomas Patrick Jeakle director 333 BRIDGE NW, 11TH FLOOR, GRAND RAPIDS MI 49504
Randall L Hartgerink director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Ted Kortes director PO BOX 100, MT. PLEASANT MI 48804-0100
Blauw Richard James Jr director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Roger Lee Roode director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Jerry Andrew Sytsma director, officer: VICE PRESIDENT, SECRETARY 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Robert Paul Bilotti director, officer: CHAIRMAN, PRESIDENT AND CEO 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Jeffrey Alan Elders director, officer: Treasurer 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
David Kenneth Hovingh director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Cheryl Mae Blouw director 4471 WISLON AVENUE SW, GRANDVILLE MI 49418
David Harold Blossey director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Lawrence Barcley Fitch director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Elizabeth Claire Bracken officer: Chief Financial Officer 4471 WILSON AVE. SW, GRANDVILLE MI 49418
Mark Arden Martis officer: CLO for Grand River Bank 4471 WILSON AVE SW, GRANDVILLE MI 49418

Grand River Commerce (Grand River Commerce) Headlines