Elmira Savings Bank - Stock

Elmira Savings Bank Market capitalization 2024

Elmira Savings Bank Market capitalization

81.01 M USD

Ticker

ESBK

ISIN

US2896601026

WKN

A0DQGD

In 2024, Elmira Savings Bank's market cap stood at 81.01 M USD, a 62.86% increase from the 49.74 M USD market cap in the previous year.

The Elmira Savings Bank Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2020--4.16
201928.03-3.49
201825.6-4.24
201725.99-4.85
201626.79-4.34
201526.12-4.12
201425.03-3.67
201325.81-5.05
201227.04-5.21
201126.83-5.03
201027.28-4.83
200929.78-4.53
200830.98-3.02
200725.29-2.1
200620.04-1.69
200519.4-2.78
200417.79-2.6
200318.2-2.44
200219.56-2.34
200121.49-2.27

Elmira Savings Bank Aktienanalyse

What does Elmira Savings Bank do?

The Elmira Savings Bank is a successful bank based in Elmira, New York. The bank has a long history dating back to 1869. Since its inception, its goal has been to offer its customers a wide range of financial services. It particularly focuses on personal contact with its customers and innovative technologies to streamline its operations. The business model of the Elmira Savings Bank is based on a diverse product range, specifically targeting customers in rural areas. The bank sees itself as a reliable partner and financier for the development of local businesses and agriculture. Its product range includes savings accounts, checking accounts, loans, as well as mortgage and real estate services. The bank operates multiple business units. The retail banking division offers all the services a retail customer needs, such as opening an account for everyday transactions, retirement plans, and other financial products. Additionally, the bank has its own real estate division, specializing in financing homes. The commercial banking division offers a wide range of services for businesses, including financing for business expansions, business accounts, and investment advisory. The Elmira Savings Bank also strives to constantly improve and expand its range of financial services. It has initiated several initiatives, including investments in technology and online banking, to expand its customer base and optimize its operations. High-quality customer consultation and a focus on local customer needs are two important strengths of the Elmira Savings Bank. Over time, the bank has specialized in serving the needs of customers in smaller communities and rural regions. The bank often offers its services in rural areas where the demand for financing is relatively low. Overall, the Elmira Savings Bank stands out for its customer-centric approach and commitment to local communities. With its wide range of financial products, it is a reliable partner for individuals and businesses. Its efforts to further optimize its operations through technology investments are further evidence of its innovation capabilities. Elmira Savings Bank ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Elmira Savings Bank's Market Capitalization

Elmira Savings Bank's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Elmira Savings Bank's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Elmira Savings Bank's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Elmira Savings Bank’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Elmira Savings Bank Stock

What is the current Elmira Savings Bank market capitalization?

The current market capitalization of Elmira Savings Bank is 81.01 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Elmira Savings Bank.

How has the market capitalization of Elmira Savings Bank developed in recent years?

The market capitalization of Elmira Savings Bank has increased/decreased by 62.86% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Elmira Savings Bank?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Elmira Savings Bank?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Elmira Savings Bank have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Elmira Savings Bank pay?

Over the past 12 months, Elmira Savings Bank paid a dividend of 0.68 USD . This corresponds to a dividend yield of about 2.95 %. For the coming 12 months, Elmira Savings Bank is expected to pay a dividend of 0.68 USD.

What is the dividend yield of Elmira Savings Bank?

The current dividend yield of Elmira Savings Bank is 2.95 %.

When does Elmira Savings Bank pay dividends?

Elmira Savings Bank pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Elmira Savings Bank?

Elmira Savings Bank paid dividends every year for the past 20 years.

What is the dividend of Elmira Savings Bank?

For the upcoming 12 months, dividends amounting to 0.68 USD are expected. This corresponds to a dividend yield of 2.95 %.

In which sector is Elmira Savings Bank located?

Elmira Savings Bank is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Elmira Savings Bank kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Elmira Savings Bank from 3/11/2022 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 3/2/2022.

When did Elmira Savings Bank pay the last dividend?

The last dividend was paid out on 3/11/2022.

What was the dividend of Elmira Savings Bank in the year 2023?

In the year 2023, Elmira Savings Bank distributed 0.92 USD as dividends.

In which currency does Elmira Savings Bank pay out the dividend?

The dividends of Elmira Savings Bank are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Elmira Savings Bank

Our stock analysis for Elmira Savings Bank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Elmira Savings Bank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.