Generations Bancorp NY Third Quarter 2023 Earnings: US$0.30 loss per share (vs US$0.13 profit in 3Q 2022)

Generations Bancorp NY (NASDAQ:GBNY) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$2.28m (down 30% from 3Q 2022).
• Net loss: US$643.0k (down by 314% from US$300.0k profit in 3Q 2022).
• US$0.30 loss per share (down from US$0.13 profit in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Generations Bancorp NY shares are down 2.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Generations Bancorp NY that we have uncovered.

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