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Elmira Savings Bank Stock

Elmira Savings Bank Liabilities 2024

Elmira Savings Bank Liabilities

0 USD

Ticker

ESBK

ISIN

US2896601026

WKN

A0DQGD

In 2024, Elmira Savings Bank's total liabilities amounted to 0 USD, a 0% difference from the 0 USD total liabilities in the previous year.

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.

Liabilities Details

Assessing Elmira Savings Bank's Liabilities

Elmira Savings Bank's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Elmira Savings Bank's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Elmira Savings Bank's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Elmira Savings Bank's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Elmira Savings Bank’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Elmira Savings Bank stock

What is the level of liabilities of Elmira Savings Bank this year?

Elmira Savings Bank has a debt balance of 0 USD this year.

What were the liabilities of Elmira Savings Bank compared to the previous year?

The liabilities of Elmira Savings Bank have increased by 0% dropped compared to the previous year.

What are the consequences of high debt for investors of Elmira Savings Bank?

High liabilities can pose a risk for investors of Elmira Savings Bank, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Elmira Savings Bank?

Low liabilities mean that Elmira Savings Bank has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of Elmira Savings Bank can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of Elmira Savings Bank can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of Elmira Savings Bank include investments, acquisitions, operating costs, and sales development.

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

The liabilities of Elmira Savings Bank are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Elmira Savings Bank take to modify the liabilities?

To change its liabilities, Elmira Savings Bank can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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.

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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.