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VSB Bancorp (VSB Bancorp) Altman Z-Score


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What is VSB Bancorp Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


VSB Bancorp (VSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
4142 Hylan Boulevard, Staten Island, NY, USA, 10308
VSB Bancorp Inc is a United States based bank holding company for Victory State Bank. Through the bank, the company is engaged in the business of commercial banking and retail banking. It gathers deposits from individuals and businesses in Staten Island, New York and makes loans throughout that community. The bank also invests funds that are not used for lending primarily in government securities, mortgage backed securities and collateralized mortgage obligations. The bank's revenue are derived principally from interest on its commercial and investment securities portfolios.