Blue Foundry is a bank holding company. Through its subsidiary, Blue Foundry Bank, Co. is engaged in originating one-to-four family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, Co. lends outside of its branch network in more densely populated and metropolitan areas. Co. accepts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, providing a variety of deposit products. Co. also invests in securities. The BLFY YTD return is shown above.
The YTD Return on the BLFY YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether BLFY YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BLFY YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|