Elmira Savings Bank Equity 2024

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.

Equity Details

Analyzing Elmira Savings Bank's Equity

Elmira Savings Bank's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Elmira Savings Bank's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Elmira Savings Bank's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Elmira Savings Bank's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Elmira Savings Bank’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Elmira Savings Bank Stock

What is the equity of Elmira Savings Bank this year?

Elmira Savings Bank has equity of 0 USD this year.

What was the equity of Elmira Savings Bank compared to the previous year?

The equity of Elmira Savings Bank has increased/decreased by 0% decreased compared to the previous year.

What impact does a high equity have on investors of Elmira Savings Bank?

A high equity is advantageous for investors of Elmira Savings Bank as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Elmira Savings Bank?

A low equity can be a risk for investors of Elmira Savings Bank, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Elmira Savings Bank affect the company?

An increase in equity of Elmira Savings Bank can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Elmira Savings Bank affect the company?

A reduction in equity of Elmira Savings Bank can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Elmira Savings Bank?

Some factors that can affect the equity of Elmira Savings Bank include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Elmira Savings Bank so important for investors?

The equity of Elmira Savings Bank is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Elmira Savings Bank take to change the equity?

To change equity, Elmira Savings Bank can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

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.