Greene County Bancorp (NASDAQ:GCBC) Releases Quarterly Earnings Results

Greene County Bancorp (NASDAQ:GCBC – Get Free Report) posted its quarterly earnings results on Thursday. The real estate investment trust reported $0.73 earnings per share for the quarter, Zacks reports. Greene County Bancorp had a net margin of 28.14% and a return on equity of 15.60%.

Greene County Bancorp Stock Performance

Shares of GCBC opened at $35.94 on Thursday. The stock has a market capitalization of $611.88 million, a PE ratio of 14.91 and a beta of 0.47. The business’s fifty day moving average price is $34.70 and its 200 day moving average price is $30.68. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.65 and a quick ratio of 0.65. Greene County Bancorp has a 12-month low of $21.38 and a 12-month high of $36.33.

Greene County Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be paid a dividend of $0.11 per share. The ex-dividend date is Friday, November 13th. This represents a $0.44 annualized dividend and a yield of 1.2%. Greene County Bancorp’s dividend payout ratio (DPR) is 18.26%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Greene County Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

View Our Latest Report on GCBC

Greene County Bancorp Company Profile

(Get Free Report)

Greene County Bancorp, Inc is a bank holding company headquartered in Catskill, New York. Through its principal subsidiary, The Bank of Greene County, the company provides community banking services to individuals, families, businesses and nonprofit organizations.

The Bank of Greene County offers deposit products, residential and commercial real estate loans, consumer lending, business loans and other financial services. Its product offerings include checking and savings accounts, certificates of deposit, online and mobile banking, treasury management and investment-related services.

Founded in 1889, the bank has a long history of serving communities in New York’s Hudson Valley.

See Also

Earnings History for Greene County Bancorp (NASDAQ:GCBC)

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