Rhinebeck Bancorp is a bank holding company. Through its subsidiary, Rhinebeck Bank (the Bank), Co. provides banking and financial services to consumer and commercial customers through its branches and representative offices located in Dutchess, Ulster, Orange, and Albany counties. Financial services including, investment advisory and financial product sales, are provided through a division of the Bank. The Bank's main business activity is accepting deposits from the general public and using those funds to originate indirect automobile loans, commercial real estate loans, commercial business loans and one- to four-family residential real estate loans, and to purchase investment securities. The RBKB YTD return is shown above.
The YTD Return on the RBKB 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 RBKB 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 RBKB 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.
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