Business

Greene County Bancorp, Inc. Delivers Net Income of $10.5 Million for the Quarter Ended March 31, 2026, the Highest Quarterly Earnings in the Bank’s 137-Year History and Announces a Stock Repurchase Program

CATSKILL, N.Y., April 22, 2026 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for the Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the three and nine months ended March 31, 2026, which is the third quarter of the Company’s fiscal year ending June 30, 2026. Net income for the three and nine months ended March 31, 2026 was $10.5 million, or $0.62 per basic and diluted share, and $29.7 mill

articleGreene County Bancorp, Inc.April 22, 202625/company/greene-county-bancorp-inc/news/greene-county-bancorp-inc-delivers-net-income-of-dollar105-million-for-the-quarter-ended-march-31-2026-the-highest-quarterly-earnings-in-the-banks-137-year-history-and-announces-a-stock-repurchase-program
Greene County Bancorp, Inc. Delivers Net Income of $10.5 Million for the Quarter Ended March 31, 2026, the Highest Quarterly Earnings in the Bank’s 137-Year History and Announces a Stock Repurchase Program

About this update from Greene County Bancorp, Inc.

[{"type":"image","alt":"Greene County Bancorp, Inc.","displaySize":"","headline":null,"caption":"Greene County Bancorp, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":132,"url":"https://media.zenfs.com/en/globenewswire.com/07e6c9f6e421b3e7b72fac8c4749775c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/c17OrnOWvC8VwgDVrq75Eg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4NQ--/https://media.zenfs.com/en/globenewswire.com/07e6c9f6e421b3e7b72fac8c4749775c","width":300,"height":132}},"lazy":false},{"type":"text","content":"CATSKILL, N.Y., April 22, 2026 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for the Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the three and nine months ended March 31, 2026, which is the third quarter of the Company’s fiscal year ending June 30, 2026. Net income for the three and nine months ended March 31, 2026 was $10.5 million, or $0.62 per basic and diluted share, and $29.7 million, or $1.74 per basic and diluted share, respectively, as compared to $8.1 million, or $0.47 per basic and diluted share, and $21.8 million, or $1.28 per basic and diluted share, for the three and nine months ended March 31, 2025, respectively. Net income increased $7.9 million, or 36.1%, when comparing the nine months ended March 31, 2026 and 2025.","length":853,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net Income: $29.7 million for the nine months ended March 31, 2026, a new record high","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"Total Assets: $3.2 billion at March 31, 2026, a new record high","length":63,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Loans: $1.7 billion at March 31, 2026, a new record high","length":60,"tagName":"p"}]},{"val":[{"type":"text","content":"Total Deposits: $2.8 billion at March 31, 2026, a new record high","length":65,"tagName":"p"}]},{"val":[{"type":"text","content":"Return on Average Assets: 1.31% for the nine months ended March 31, 2026","length":72,"tagName":"p"}]},{"val":[{"type":"text","content":"Return on Average Equity: 15.65% for the nine months ended March 31, 2026","length":73,"tagName":"p"}]},{"val":[{"type":"text","content":"Company adopts a ...

More updates from Greene County Bancorp, Inc.

the CompanyNine Monthsnet income