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

Greene County Bancorp (NASDAQ:GCBC) released 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 net margin of 20.28% and a return on equity of 12.03%.

Greene County Bancorp Trading Down 1.3 %

Shares of NASDAQ:GCBC traded down $0.34 during trading hours on Wednesday, hitting $26.63. 2,428 shares of the company’s stock traded hands, 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 debt-to-equity ratio of 0.14, a current ratio of 0.65 and a quick ratio of 0.65. The firm has a market capitalization of $453.51 million, a P/E ratio of 18.37 and a beta of 0.46. The business has a fifty day moving average price of $29.44 and a 200-day moving average price of $30.70.

Greene County Bancorp Announces Dividend

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

Insider Buying and Selling at Greene County Bancorp

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