Generations Bancorp jumps 43% on buyout news, to delist from Nasdaq (NASDAQ:GBNY)

Written by Emily J. Thompson, Senior Investment Analyst

GBNY%

Source: SeekingAlpha

Updated: Sep 24 2024

0mins

Source: SeekingAlpha

Stock Surge: Generations Bancorp's stock price increased by 40% to $15.40 during pre-market trading following the announcement of its acquisition by ESL Federal Credit Union.
Acquisition Details: ESL Federal Credit Union will acquire all assets and liabilities of Generations Bancorp in an all-cash transaction.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Generations Bancorp jumps 43% on buyout news, to delist from Nasdaq (NASDAQ:GBNY)

About the author

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