Last Updated: 13 Oct 2024
Executive Summary
Generations Bancorp NY Inc. (GBNY) is a small-cap bank holding company with a market capitalization of $35.17 million. The company has been struggling financially in recent years, with negative earnings per share and a low return on assets. However, the stock price has rebounded in recent months, and the company is now trading at $15.70 per share.
Company Overview
Generations Bancorp NY Inc. is a portfolio company of Generations Bank. The company offers a range of banking products and services, including checking and savings accounts, loans, and mortgages. The company is headquartered in Seneca Falls, New York, and has branches in New York, Pennsylvania, and New Jersey.
Fundamental Analysis
Generations Bancorp NY Inc.'s financial performance has been weak in recent years. The company has reported negative earnings per share in each of the past three years. The company's return on assets and return on equity are also both negative.
However, there are some signs that the company's financial performance is improving. The company's revenue increased by 3.2% in the most recent quarter, and the company's net income improved from a loss of $1.2 million in the same quarter last year to a loss of $0.8 million.
Technical Analysis
Generations Bancorp NY Inc.'s stock price has been trending higher in recent months. The stock price broke out of a downtrend in March 2023, and it has been making higher highs and higher lows since then. The stock price is now trading above its 50-day and 200-day moving averages, which is a bullish sign.
Short Term Outlook
The technical analysis suggests that Generations Bancorp NY Inc.'s stock price is likely to continue to trend higher in the short term. The stock price is trading above its key moving averages, and it is making higher highs and higher lows. However, the company's financial performance is still weak, so investors should be cautious about buying the stock at current levels.
Long Term Outlook
The long-term outlook for Generations Bancorp NY Inc. is uncertain. The company's financial performance has been weak in recent years, and there is no guarantee that the company will be able to turn things around. However, the stock price has rebounded in recent months, and the company is now trading at a relatively low valuation. Investors who are willing to take on some risk may want to consider buying the stock at current levels.
Analyst Recommendations
There are no analyst recommendations available for Generations Bancorp NY Inc.
