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

Greene County Bancorp (NASDAQ:GCBC) issued its quarterly earnings data on Wednesday. The real estate investment trust reported $0.44 EPS for the quarter, RTT News reports. Greene County Bancorp had a return on equity of 12.03% and a net margin of 20.28%.

Greene County Bancorp Stock Performance

GCBC traded down $0.34 during midday trading on Wednesday, reaching $26.63. The company had a trading volume of 2,428 shares, compared to its average volume of 27,853. Greene County Bancorp has a 1 year low of $24.10 and a 1 year high of $37.25. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.14. The company has a market cap of $453.51 million, a P/E ratio of 18.37 and a beta of 0.46. The business has a 50-day moving average of $29.44 and a two-hundred day moving average of $30.70.

Greene County Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.35%. Greene County Bancorp’s dividend payout ratio (DPR) is 24.83%.

Insiders Place Their Bets

In other Greene County Bancorp news, Director Tejraj S. Hada bought 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was purchased at an average price of $28.00 per share, for a total transaction of $56,000.00. Following the completion of the transaction, the director now owns 8,651 shares of the company’s stock, valued at $242,228. This trade represents a 30.07 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Nick Barzee purchased 892 shares of the company’s stock in a transaction on Friday, October 25th. The stock was acquired at an average price of $28.57 per share, with a total value of $25,484.44. Following the completion of the purchase, the chief financial officer now directly owns 900 shares in the company, valued at $25,713. This trade represents a 11,150.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 5.10% of the stock is owned by company insiders.

Greene County Bancorp Company Profile

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.