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 overviewGenerations Bancorp NY annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $12.8M | $1.2M | +10.62% |
| 2022 | 2022-12-31 | $11.6M | −$856,000 | −6.90% |
| 2021 | 2021-12-31 | $12.4M | $82,000 | +0.67% |
| 2020 | 2020-12-31 | $12.3M | −$530,000 | −4.12% |
| 2019 | 2019-12-31 | $12.9M | — | — |
Generations Bancorp NY quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | $3.1M | −$18,000 | −0.59% |
| Q1 2024 | 2024-03-31 | $2.8M | −$301,000 | −9.63% |
| Q4 2023 | 2023-12-31 | $3.5M | $525,000 | +17.72% |
| Q3 2023 | 2023-09-30 | $3.1M | $218,000 | +7.59% |
| Q2 2023 | 2023-06-30 | $3.1M | $247,000 | +8.74% |
| Q1 2023 | 2023-03-31 | $3.1M | $237,000 | +8.20% |
| Q4 2022 | 2022-12-31 | $3.0M | −$28,000 | −0.94% |
| Q3 2022 | 2022-09-30 | $2.9M | −$591,000 | −17.06% |
| Q2 2022 | 2022-06-30 | $2.8M | −$239,000 | −7.80% |
| Q1 2022 | 2022-03-31 | $2.9M | $2,000 | +0.07% |
| Q4 2021 | 2021-12-31 | $3.0M | −$389,000 | −11.51% |
| Q3 2021 | 2021-09-30 | $3.5M | $468,000 | +15.62% |
| Q2 2021 | 2021-06-30 | $3.1M | $243,000 | +8.61% |
| Q1 2021 | 2021-03-31 | $2.9M | −$240,000 | −7.67% |
| Q4 2020 | 2020-12-31 | $3.4M | — | — |
| Q3 2020 | 2020-09-30 | $3.0M | −$132,000 | −4.22% |
| Q2 2020 | 2020-06-30 | $2.8M | — | — |
| Q1 2020 | 2020-03-31 | $3.1M | — | — |
| Q3 2019 | 2019-09-30 | $3.1M | — | — |
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.
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.
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 ↗