GREENE COUNTY BANCORP INC (GCBC) SEC Filings & Earnings Calls
EquiReason read 13 GREENE COUNTY BANCORP INC SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Record high net income of $12.5M, up 41% YoY; net interest margin expanded 46 bps to 2.71%; total assets, loans, deposits all at record highs..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 606.3M
- P/E TTM
- 14.8
- Dividend yield
- 1.1%
- 52-week
- —
- Next earnings
- 27 Oct, in 3 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
22 Oct 20268-K · 2.02Record high net income of $12.5M, up 41% YoY; net interest margin expanded 46 bps to 2.71%; total assets, loans, deposits all at record highs.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q1-2027 | $13M | +41% y/y |
| Earnings per share (basic and diluted) · Q1-2027 | $0.73 | +40% y/y |
| Total assets · 2026-09-30 | $3.20B | |
| Net loans · 2026-09-30 | $1.80B | |
| Total deposits · 2026-09-30 | $2.80B | |
| Return on average assets (ROA) · Q1-2027 | 1.6% | |
| Return on average equity (ROE) · Q1-2027 | 17.7% | |
| Net interest income · Q1-2027 | $22M | +25% y/y |
| Net interest margin · Q1-2027 | 2.7% | |
| Pre-provision net income · Q1-2027 | $12M | +20% y/y |
Risks flagged
Uncertainty around inflation, interest rates, and geopolitical developments
“Uncertainty surrounding inflation, the direction of interest rates, and geopolitical developments continues to influence the economic outlook.” · word for word
21 Oct 20268-K · 8.01Quarterly cash dividend of $0.11 per share declared, same rate as prior quarter; annual rate $0.44 per share; MHC waives receipt.open
Figures in the filing · each found in the filing text
| quarterly cash dividend per share · Q1-2027 | $0.11 | 0% y/y |
| annual cash dividend rate per share · FY2027 | $0.44 |
Risks flagged
No material risk; routine dividend with MHC waiver reduces cash outflow.
“MHC waives receipt of dividend; no change in dividend rate.”
25 Sep 2026DEF 14AProxy statement for annual meeting, including say-on-pay vote and name change proposal.open
Figures in the filing · each found in the filing text
| Net Income · FY2026 | $41M | +32% y/y |
15 Sep 20268-K · 8.01Greene County Bancorp redeemed $10M of its 3.00% Fixed-to-Floating Rate Subordinated Notes due 2031, funded with cash on hand; $20M remains outstanding.open
Risks flagged
Remaining subordinated debt of $20M still outstanding, but manageable given cash funding of redemption.
“$20.0 million in aggregate principal amount of the Notes remains outstanding.” · word for word
9 Sep 202610-KGreene County Bancorp reported strong FY26 results with net income up 31.7%, net interest margin expanding 46 bps, and loan growth of 7.7%.earningsopen
Figures in the filing · each found in the filing text
| Net income · FY2026 | $41M | +32% y/y |
| Net interest margin · FY2026 | 2.6% | |
| Net interest rate spread · FY2026 | 2.4% | |
| Total deposits · 2026-06-30 | $2.71B | +3% y/y |
| Book value per share · 2026-06-30 | $16.32 | +16% y/y |
| Return on average assets · FY2026 | 1.4% | |
| Return on average shareholders' equity · FY2026 | 15.9% | |
| Efficiency ratio · FY2026 | 47.2% | |
| Non-performing assets to total assets · 2026-06-30 | 0.1% | |
| Allowance for credit losses on loans to total loans · 2026-06-30 | 1.3% |
Risks flagged
Credit risk from loan growth
“The provision for credit losses amounted to $2.0 million and $1.3 million for the years ended June 30, 2026 and 2025, respectively.” · word for word
Interest rate risk
“Interest rate risk is the most significant market risk affecting the Company since the majority of the Company’s assets and liabilities are sensitive to changes in interest rates.” · word for word
Competition risk
“The Company faces significant competition both in making loans and in attracting deposits, including attracting municipal deposits.” · word for word
Concentration risk in commercial real estate
“Commercial real estate loans are the largest segment of the Company’s loan portfolio and are comprised of 85.5% in non-owner occupied loans and 14.5% in owner occupied loans.” · word for word
23 Jul 20268-K · 2.02Record net income $41.0M FY2026 (+31.7% YoY), record quarterly net income $11.3M, NIM expansion, ROAA 1.35%, ROAE 15.91%. Strong balance sheet growth with loans and deposits at record highs.earningsopen
Figures in the filing · each found in the filing text
| Net income · FY2026 | $41M | +32% y/y |
| Diluted earnings per share · FY2026 | $2.41 | +32% y/y |
| Net interest income · FY2026 | $78M | +30% y/y |
| Total assets · FY2026 | $3.20B | |
| Net loans · FY2026 | $1.70B | |
| Total deposits · FY2026 | $2.70B | |
| Return on average assets · FY2026 | 1.4% | |
| Return on average equity · FY2026 | 15.9% | |
| Pre-provision net income · FY2026 | $43M | +33% y/y |
Risks flagged
Geopolitical disruptions, higher energy prices, and shifting tariff policies could impact economic outlook and credit quality.
“Continued geopolitical disruptions, higher energy prices and shifting tariff policies complicate the economic outlook.” · word for word
Potential deposit cost pressure if competitive dynamics change or if rate environment shifts.
“Deposit costs decreased, but future trends depend on Fed policy and competition.”
22 Jul 20268-K · 8.01Quarterly cash dividend increased 10% to $0.11 per share, annual rate $0.44 from $0.40; majority shareholder waives dividend.open
Figures in the filing · each found in the filing text
| Quarterly Dividend Per Share · Q4-2026 | $0.11 | +10% y/y |
| Annual Dividend Rate · FY2026 | $0.44 | +10% y/y |
22 Jun 20268-K · 7.01Investor presentation furnished under Item 7.01; no material new information beyond routine financial highlights.open
Figures in the filing · each found in the filing text
| Total Assets · MRQ | $3.20B | |
| Net Income · MRQ | $11M | |
| ROAA · MRQ | 1.4% | |
| ROAE · MRQ | 16.0% | |
| NIM FTE · MRQ | 3.0% | |
| TCE / TA · MRQ | 8.4% | |
| NPAs / Assets · MRQ | 0.1% | |
| Loans / Deposits · MRQ | 63.0% |
8 May 202610-QGCBC reported strong Q3 FY2026 results with net income up 29.6% YoY, net interest margin expanding 41bps, and loan growth of 7.4%.earningsopen
Figures in the filing · each found in the filing text
| Net interest margin · Q3-2026 | 2.7% | |
| Net interest income · Q3-2026 | $20M | +25% y/y |
| Net income · Q3-2026 | $11M | +30% y/y |
| Total assets · Q3-2026 | $3.20B | |
| Return on average assets (annualized) · Q3-2026 | 1.4% | |
| Return on average equity (annualized) · Q3-2026 | 16.0% | |
| Allowance for credit losses on loans to total loans · Q3-2026 | 1.3% | |
| Non-accrual loans to total loans · Q3-2026 | 0.2% | |
| Book value per share · Q3-2026 | $15.72 |
Risks flagged
Interest rate risk from bond portfolio
“When market interest rates rise, the fair value of the fixed income bond portfolio will decrease, resulting in additional unrealized losses, and depending on the extent of the rise in interest rates, the increase in unrealized losses could be significant.” · word for word
Credit risk from commercial real estate concentration
“Commercial real estate loans are the largest segment of the Company’s loan portfolio and are comprised of 85.4% in non-owner occupied loans and 14.6% in owner occupied loans.” · word for word
Municipal deposit concentration
“Municipal deposits 46.5% of total deposits at March 31, 2026.”
22 Apr 20268-K · 2.02GCBC reports record net income of $10.5M for Q3 FY2026, up 30% YoY; net interest margin expanded; announces 400K share repurchase program.earningsopen
Figures in the filing · each found in the filing text
| Net Income · Q3-2026 | $11M | +30% y/y |
| Net Income (9 months) · 9M-2026 | $30M | +36% y/y |
| Earnings Per Share (Basic) · Q3-2026 | $0.62 | +32% y/y |
| Total Assets · Q3-2026 | $3.20B | |
| Net Loans · Q3-2026 | $1.70B | |
| Total Deposits · Q3-2026 | $2.80B | |
| Return on Average Assets · 9M-2026 | 1.3% | |
| Return on Average Equity · 9M-2026 | 15.7% | |
| Net Interest Income · Q3-2026 | $20M | +25% y/y |
| Pre-Provision Net Income · 9M-2026 | $32M | +32% y/y |
Risks flagged
Geopolitical and tariff uncertainty could impact economic outlook and loan demand.
“The recent global conflicts, higher energy prices and shifting tariff policies have complicated the economic outlook.” · word for word
6 Feb 202610-QGCBC reported strong Q2 FY2026 results with net income up 37% YoY, NIM expanding 50bps, and loan growth of 3.6% QoQ.earningsopen
Figures in the filing · each found in the filing text
| Net interest margin · Q2-2026 | 2.5% | |
| Net interest rate spread · Q2-2026 | 2.3% | |
| Return on average assets (annualized) · Q2-2026 | 1.3% | |
| Return on average equity (annualized) · Q2-2026 | 16.3% | |
| Net income · Q2-2026 | $10M | +37% y/y |
| Net interest income · Q2-2026 | $19M | +36% y/y |
| Interest income · Q2-2026 | $33M | +14% y/y |
| Interest expense · Q2-2026 | $14M | -6% y/y |
| Noninterest expense · Q2-2026 | $10M | +11% y/y |
| Allowance for credit losses on loans to total loans · Q2-2026 | 1.3% |
Risks flagged
Interest rate risk from bond portfolio
“When market interest rates rise, the fair value of the fixed income bond portfolio will decrease, resulting in additional unrealized losses, and depending on the extent of the rise in interest rates, the increase in unrealized losses could be significant.” · word for word
Credit risk from commercial real estate concentration
“Commercial real estate loans are the largest segment of the Company’s loan portfolio and are comprised of 85.0% in non-owner occupied loans and 15.0% in owner occupied loans.” · word for word
Noninterest expense growth
“Noninterest expense increased $1.1 million, or 11.4%, to $10.5 million for the three months ended December 31, 2025 compared to $9.4 million for the three months ended December 31, 2024.” · word for word
21 Jan 20268-K · 2.02Greene County Bancorp reports record Q2 FY2026 net income of $10.3M ($0.60/share), up 37% YoY; six-month net income $19.2M, up 39%. Total assets $3.1B, net loans $1.7B, deposits $2.6B all record highs. Net interest margin expanded. Recognizearningsopen
Figures in the filing · each found in the filing text
| Net income · Q2-2026 | $10M | +37% y/y |
| Net income (six months) · H1-2026 | $19M | +39% y/y |
| Total assets · 2025-12-31 | $3.10B | |
| Net loans · 2025-12-31 | $1.70B | |
| Total deposits · 2025-12-31 | $2.60B | |
| Return on average assets · H1-2026 | 1.3% | |
| Return on average equity · H1-2026 | 15.4% | |
| Pre-provision net income (six months) · H1-2026 | $21M | +38% y/y |
| Net interest income (quarter) · Q2-2026 | $19M | +35% y/y |
| Net interest income (six months) · H1-2026 | $37M | +35% y/y |
Risks flagged
Concentration risk: loan growth concentrated in specific geographic markets (Greene County, Saratoga County).
“Expansion into Saratoga County market; reliance on local economy.”
Interest rate risk: net interest margin sensitive to Federal Reserve rate decisions; deposit costs may rise if rates increase.
“Company strategically managed balance sheet by focusing on higher-yielding loans and securities and lowering deposit rates to align with the Federal Reserve's recent interest rate cuts.”
7 Nov 202510-QQ1 2026 net income increased 41% YoY, net interest margin expanded 45 bps, and loan growth continued.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q1-2026 | $9M | +41% y/y |
| Net interest margin · Q1-2026 | 2.5% | |
| Net loans · 2025-09-30 | $1.65B | |
| Allowance for credit losses on loans to total loans · 2025-09-30 | 1.3% | |
| Non-performing assets to total assets · 2025-09-30 | 0.1% | |
| Book value per share · 2025-09-30 | $14.58 |
Risks flagged
Interest rate risk from bond portfolio
“When market interest rates rise, the fair value of the fixed income bond portfolio will decrease, resulting in additional unrealized losses.” · word for word
Credit risk from commercial real estate concentration
“Commercial real estate loans are the largest segment of the Company’s loan portfolio and are comprised of 84.7% in non-owner occupied loans.” · word for word
GREENE COUNTY BANCORP INC — questions
- What did GREENE COUNTY BANCORP INC file recently?
- 13 SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Record high net income of $12.5M, up 41% YoY; net interest margin expanded 46 bps to 2.71%; total assets, loans, deposits all at record highs.
Every figure on this page comes from GREENE COUNTY BANCORP INC's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.