Generations Bancorp NY Operating Expenses Growth & History (GBNY)

Generations Bancorp NY's operating expenses was $12.8M for fiscal 2023.

View full Generations Bancorp NY company overview

Generations Bancorp NY annual operating expenses history

Generations Bancorp NY annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20232023-12-31$12.8M$1.2M+10.62%
20222022-12-31$11.6M−$856,000−6.90%
20212021-12-31$12.4M$82,000+0.67%
20202020-12-31$12.3M−$530,000−4.12%
20192019-12-31$12.9M

Generations Bancorp NY operating expenses trends

Between the periods ended 2019-12-31 and 2023-12-31, Generations Bancorp NY's operating expenses decreased from $12.9M to $12.8M, a change of −$77,000. The latest reported quarter, Q2 2024, shows $3.1M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Generations Bancorp NY source filings ↗

Community posts

It’s quiet here.

No posts about GBNY yet. Start the conversation.

Write the first post