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

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

Greene County Bancorp Stock Up 2.9%

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

Greene County Bancorp Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on GCBC

About Greene County Bancorp

(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)

Receive News & Ratings for Greene County Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greene County Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.