Generations Bancorp NY Past Earnings Performance
Past criteria checks 0/6
Generations Bancorp NY's earnings have been declining at an average annual rate of -35.9%, while the Banks industry saw earnings growing at 7% annually. Revenues have been declining at an average rate of 4.4% per year.
Key information
-35.9%
Earnings growth rate
-37.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | -4.4% |
| Return on equity | -7.4% |
| Net Margin | -29.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Generations Bancorp: Trading Below Liquidation Value And Our Favorite Activist On-Board
Aug 24Here's Why Generations Bancorp NY, Inc.'s (NASDAQ:GBNY) CEO Compensation Is The Least Of Shareholders Concerns
May 14
Generations Bancorp NY names new CFO
Apr 26Do Generations Bancorp NY's (NASDAQ:GBNY) Earnings Warrant Your Attention?
Apr 12Revenue & Expenses Breakdown
How Generations Bancorp NY makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 9 | -3 | 9 | 0 |
| 31 Mar 24 | 10 | -2 | 9 | 0 |
| 31 Dec 23 | 11 | -2 | 9 | 0 |
| 30 Sep 23 | 11 | -1 | 9 | 0 |
| 30 Jun 23 | 12 | 0 | 8 | 0 |
| 31 Mar 23 | 12 | 1 | 8 | 0 |
| 31 Dec 22 | 13 | 1 | 8 | 0 |
| 30 Sep 22 | 13 | 2 | 8 | 0 |
| 30 Jun 22 | 14 | 1 | 8 | 0 |
| 31 Mar 22 | 14 | 1 | 8 | 0 |
| 31 Dec 21 | 14 | 1 | 8 | 0 |
| 30 Sep 21 | 14 | 1 | 9 | 0 |
| 30 Jun 21 | 14 | 2 | 9 | 0 |
| 31 Mar 21 | 14 | 2 | 9 | 0 |
| 31 Dec 20 | 14 | 2 | 9 | 0 |
| 30 Sep 20 | 13 | 1 | 9 | 0 |
| 30 Jun 20 | 13 | 1 | 9 | 0 |
| 31 Mar 20 | 12 | 0 | 11 | 0 |
| 31 Dec 19 | 13 | 0 | 9 | 0 |
| 30 Sep 19 | 13 | 0 | 7 | 0 |
| 30 Jun 19 | 13 | 0 | 5 | 0 |
| 31 Mar 19 | 13 | 0 | 0 | 0 |
| 31 Dec 18 | 12 | 0 | 0 | 0 |
| 30 Sep 18 | 12 | 0 | 0 | 0 |
| 30 Jun 18 | 12 | 0 | 0 | 0 |
| 31 Mar 18 | 12 | 1 | 0 | 0 |
| 31 Dec 17 | 11 | 1 | 0 | 0 |
| 30 Sep 17 | 9 | -1 | 0 | 0 |
| 30 Jun 17 | 9 | -1 | 0 | 0 |
| 31 Mar 17 | 9 | -1 | 0 | 0 |
| 31 Dec 16 | 9 | -1 | 0 | 0 |
| 30 Sep 16 | 11 | 0 | 0 | 0 |
| 30 Jun 16 | 11 | 0 | 0 | 0 |
| 31 Mar 16 | 11 | 0 | 0 | 0 |
| 31 Dec 15 | 12 | 1 | 0 | 0 |
| 30 Sep 15 | 12 | 2 | 0 | 0 |
| 30 Jun 15 | 13 | 2 | 0 | 0 |
| 31 Mar 15 | 13 | 2 | 0 | 0 |
| 31 Dec 14 | 12 | 2 | 0 | 0 |
| 30 Sep 14 | 12 | 2 | 0 | 0 |
| 30 Jun 14 | 12 | 2 | 0 | 0 |
| 31 Mar 14 | 12 | 2 | 0 | 0 |
| 31 Dec 13 | 12 | 2 | 0 | 0 |
Quality Earnings: GBNY is currently unprofitable.
Growing Profit Margin: GBNY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GBNY is unprofitable, and losses have increased over the past 5 years at a rate of 35.9% per year.
Accelerating Growth: Unable to compare GBNY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GBNY is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-11.8%).
Return on Equity
High ROE: GBNY has a negative Return on Equity (-7.41%), as it is currently unprofitable.