Greene County Bancorp, Inc. (GCBC) 10-Year Financial Performance & Capital Metrics

GCBC • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutGreene County Bancorp, Inc. operates as a holding company for The Bank of Greene County that provides various financial services in the United States. Its deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts. The company's loan portfolio consists of residential, construction and land, and multifamily mortgage loans; commercial real estate mortgage loans; consumer loans, such as loans on new and used automobiles, personal loans, and home equity loans, as well as other consumer installment loans, including passbook loans, unsecured home improvement loans, recreational vehicle loans, and deposit account overdrafts; and commercial loans. As of June 30, 2021, it operated a network of 17 full-service banking offices. The company was founded in 1889 and is based in Catskill, New York. Greene County Bancorp, Inc. is a subsidiary of Greene County Bancorp, MHC.Show more

Net Interest Income $60M +17.9%
Total Revenue $133M +13.1%
Net Income $31M +25.7%
Return on Equity 14% +10.0%
Net Interest Margin 1.98% +9.6%
Efficiency Ratio 29.62% -6.7%
ROA 1.06% +18.4%
Equity / Assets 7.85% +7.7%
Book Value per Share 14.03 +15.9%
Tangible BV/Share 14.03 +15.9%
Debt/Equity 0.54 -44.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Efficient operations: 29.6% efficiency ratio

✗Weaknesses

✗Weak NIM of 2.0%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y15.53%

5Y16.49%

3Y20.71%

TTM-

Profit (Net Income) CAGR

10Y15.79%

5Y10.7%

3Y3.62%

TTM25.71%

EPS CAGR

10Y15.58%

5Y10.72%

3Y3.51%

TTM25.34%

ROCE

10Y Avg15.09%

5Y Avg14.45%

3Y Avg12.22%

Latest10.7%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.32B	30.11	54.75	0.1%	4.5%	4.02%	7.02%	0.70
EBCEastern Bankshares, Inc.	4.28B	19.04	28.85	91.64%	11.17%	1.3%	6.31%	0.01
LYGLloyds Banking Group plc	80.35B	5.47	21.88	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	25.74B	59.93	19.78	1.31%	12.22%	6.6%	7.3%	0.51
PFSProvident Financial Services, Inc.	2.59B	19.85	18.90	63.91%	10.13%	7.51%	16.39%	0.93
CBUCommunity Bank System, Inc.	3.23B	61.29	17.82	24.44%	19.4%	10.34%	6.86%	0.57
VLYValley National Bancorp	6.54B	11.73	17	6.51%	10.65%	6.53%	8.39%	0.50
INDBIndependent Bank Corp.	3.71B	74.81	16.55	6.89%	19.72%	7.76%	5.65%	0.23

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Net Interest Income+	26.22M	30.38M	34.91M	40M	44.83M	53.15M	58.01M	61.22M	50.98M	60.12M
NII Growth %	0.12%	0.16%	0.15%	0.15%	0.12%	0.19%	0.09%	0.06%	-0.17%	0.18%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	28.8M	33.46M	38.93M	46.31M	53.31M	58.33M	63.44M	84.63M	103.66M	117.7M
Interest Expense	2.58M	3.08M	4.01M	6.31M	8.48M	5.18M	5.44M	23.41M	52.69M	57.58M
Loan Loss Provision	1.67M	1.91M	1.53M	1.66M	3.9M	3.97M	3.28M	-1.07M	766K	1.32M
Non-Interest Income+	5.96M	6.42M	7.48M	8.36M	8.65M	9.67M	12.14M	12.15M	13.91M	15.23M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	34.77M	39.88M	46.41M	54.67M	61.96M	68M	75.58M	96.77M	117.57M	132.94M
Revenue Growth %	0.11%	0.15%	0.16%	0.18%	0.13%	0.1%	0.11%	0.28%	0.21%	0.13%
Non-Interest Expense	18.87M	19.97M	22.36M	25.68M	27.82M	31.22M	33.96M	38.61M	37.3M	39.37M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	11.64M	14.93M	18.5M	21.03M	21.76M	27.61M	32.91M	35.83M	26.82M	34.67M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.22%	0.28%	0.24%	0.14%	0.03%	0.27%	0.19%	0.09%	-0.25%	0.29%
Pretax Income+	11.64M	14.93M	18.5M	21.03M	21.76M	27.61M	32.91M	35.83M	26.82M	34.67M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.68M	3.74M	4.09M	3.54M	3.03M	3.67M	4.92M	5.04M	2.05M	3.53M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	8.96M	11.19M	14.41M	17.48M	18.73M	23.94M	27.99M	30.79M	24.77M	31.14M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.25%	0.25%	0.29%	0.21%	0.07%	0.28%	0.17%	0.1%	-0.2%	0.26%
Net Income (Continuing)	8.96M	11.19M	14.41M	17.48M	18.73M	23.94M	27.99M	30.79M	24.77M	31.14M
EPS (Diluted)+	0.53	0.66	0.85	1.02	1.10	1.41	1.65	1.81	1.45	1.83
EPS Growth %	0.23%	0.25%	0.29%	0.2%	0.08%	0.28%	0.17%	0.1%	-0.2%	0.26%
EPS (Basic)	0.53	0.66	0.85	1.02	1.10	1.41	1.65	1.81	1.45	1.83
Diluted Shares Outstanding	16.95M	17.03M	17.07M	17.08M	17.06M	17.03M	17.03M	17.03M	17.03M	17.03M

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	18.11M	18.42M	28.89M	32.41M	44.53M	154.33M	73.12M	201.02M	193.23M	184.5M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	827.82M	939.5M	1.1B	1.21B	1.6B	1.97B	2.4B	2.4B	2.52B	2.74B
Investments Growth %	0.19%	0.13%	0.17%	0.1%	0.32%	0.23%	0.22%	-0%	0.05%	0.09%
Long-Term Investments	727.7M	848.02M	979.2M	1.09B	1.38B	1.58B	1.99B	2.11B	2.17B	2.42B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	14.18M	13.62M	13.3M	13.26M	13.66M	14.14M	14.36M	15.03M	15.61M	15.23M
Other Assets	3.12M	2.93M	1.66M	1.81M	1.23M	41.58M	60.57M	57.05M	81.78M	84.62M
Total Current Assets	123.78M	117.73M	157.31M	164.2M	284.47M	561.45M	505.33M	511.88M	557.5M	520.73M
Total Non-Current Assets	745M	864.56M	994.17M	1.11B	1.39B	1.64B	2.07B	2.19B	2.27B	2.52B
Total Assets+	868.78M	982.29M	1.15B	1.27B	1.68B	2.2B	2.57B	2.7B	2.83B	3.04B
Asset Growth %	0.18%	0.13%	0.17%	0.1%	0.32%	0.31%	0.17%	0.05%	0.05%	0.08%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	46.4M	29.55M	18.15M	21.6M	25.48M	22.64M	173.01M	49.49M	199.14M	128.06M
Net Debt	28.3M	11.13M	-10.74M	-10.81M	-19.05M	-131.68M	99.89M	-151.53M	5.91M	-56.45M
Long-Term Debt	20.3M	22.65M	18.15M	13.6M	7.6M	19.64M	49.31M	49.49M	83.84M	54.06M
Short-Term Debt	26.1M	6.9M	0	8M	17.88M	3M	123.7M	0	115.3M	74M
Other Liabilities	0	0	0	0	0	0	0	0	31.43M	33.88M
Total Current Liabilities	774.18M	876.12M	1.04B	1.14B	1.54B	2.03B	2.36B	2.47B	2.5B	2.71B
Total Non-Current Liabilities	20.3M	22.65M	18.15M	13.6M	7.6M	19.64M	49.31M	49.49M	115.27M	87.94M
Total Liabilities	794.48M	898.77M	1.06B	1.16B	1.55B	2.05B	2.41B	2.52B	2.62B	2.8B
Total Equity+	74.3M	83.52M	96.19M	112.37M	128.81M	149.58M	157.71M	183.28M	206M	238.84M
Equity Growth %	0.11%	0.12%	0.15%	0.17%	0.15%	0.16%	0.05%	0.16%	0.12%	0.16%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.13%	0.14%	0.16%	0.17%	0.16%	0.17%	0.18%	0.18%	0.13%	0.14%
Book Value per Share	4.38	4.91	5.64	6.58	7.55	8.79	9.26	10.76	12.10	14.03
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	861K	861K	861K	861K	861K	861K	1.72M	1.72M	1.72M	1.72M
Additional Paid-in Capital	10.87M	10.99M	11.02M	11.02M	11.02M	11.02M	10.16M	10.16M	10.16M	10.16M
Retained Earnings	63.8M	73.07M	86.21M	101.77M	118.26M	139.78M	165.13M	193.72M	214.74M	241.4M
Accumulated OCI	-725K	-992K	-1.62M	-1.01M	-428K	-1.16M	-18.38M	-21.41M	-19.71M	-13.54M
Treasury Stock	-512K	-410K	-277K	-277K	-908K	-908K	-908K	-908K	-908K	-908K
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	13.58M	14.05M	20.67M	21.63M	26.72M	27.75M	35.35M	28.11M	24.91M	27.98M
Operating CF Growth %	0.06%	0.03%	0.47%	0.05%	0.24%	0.04%	0.27%	-0.2%	-0.11%	0.12%
Net Income	8.96M	11.19M	14.41M	17.48M	18.73M	23.94M	27.99M	30.79M	24.77M	0
Depreciation & Amortization	629K	637K	635K	638K	713K	775K	826K	871K	928K	0
Deferred Taxes	-714K	-259K	56K	-967K	-1.03M	-2.02M	-682K	-149K	-74K	0
Other Non-Cash Items	2.95M	3.21M	2.6M	2.46M	5.61M	3.32M	2.23M	666K	-624K	31.56M
Working Capital Changes	1.75M	-732K	2.98M	2.01M	2.7M	1.75M	4.99M	-4.06M	-91K	-3.58M
Cash from Investing+	-132.44M	-115.76M	-163.38M	-115.34M	-397.32M	-417.14M	-471.18M	661K	-129.24M	-210.17M
Purchase of Investments	-123.37M	-115.3M	-183.29M	-191.32M	-391.49M	-626.64M	-669.21M	-211.96M	-329.59M	0
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	-82.27M	-103.61M	-81.21M	-84.13M	-212.79M	-133.29M	-160.69M	-153.12M	-96.31M	-210.17M
Cash from Financing+	119.22M	102.1M	152.93M	96.75M	381.52M	498.7M	355.06M	98.67M	98.28M	174.87M
Dividends Paid	-1.85M	-1.92M	-1.53M	-2.04M	-2.24M	-2.43M	-2.63M	-2.19M	-3.24M	-4.47M
Share Repurchases	0	0	0	0	-631K	0	0	0	0	0
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	-1000K	-1000K	1000K	1000K	-1000K	1000K	-1000K	1000K	-1000K
Other Financing	116.37M	120.87M	165.86M	95.33M	380.51M	504.03M	207.5M	224.56M	-47.94M	250.61M
Net Change in Cash+	357K	382K	10.23M	3.03M	10.93M	109.31M	-80.77M	127.44M	-6.05M	-7.32M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	15.54M	15.89M	16.28M	26.5M	29.54M	40.46M	149.78M	69.01M	196.44M	190.4M
Cash at End	15.89M	16.28M	26.5M	29.54M	40.46M	149.78M	69.01M	196.44M	190.4M	183.08M
Interest Paid	2.57M	3.06M	4.02M	6.29M	8.47M	4.96M	5.18M	23.07M	52.07M	57.86M
Income Taxes Paid	2.79M	5.56M	2.33M	4.4M	3.12M	6.3M	5.6M	6.31M	1.8M	1.17M
Free Cash Flow+	13.29M	13.97M	20.35M	21.04M	25.61M	26.5M	34.3M	26.57M	23.4M	27.29M
FCF Growth %	0.1%	0.05%	0.46%	0.03%	0.22%	0.03%	0.29%	-0.23%	-0.12%	0.17%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	12.69%	14.18%	16.03%	16.77%	15.53%	17.2%	18.21%	18.06%	12.73%	14%
Return on Assets (ROA)	1.12%	1.21%	1.35%	1.44%	1.27%	1.23%	1.17%	1.17%	0.9%	1.06%
Net Interest Margin	3.02%	3.09%	3.03%	3.15%	2.67%	2.42%	2.26%	2.27%	1.8%	1.98%
Efficiency Ratio	54.28%	50.06%	48.18%	46.97%	44.9%	45.92%	44.93%	39.9%	31.73%	29.62%
Equity / Assets	8.55%	8.5%	8.35%	8.85%	7.68%	6.8%	6.13%	6.79%	7.29%	7.85%
Book Value / Share	4.38	4.91	5.64	6.58	7.55	8.79	9.26	10.76	12.1	14.03
NII Growth	12.07%	15.87%	14.92%	14.57%	12.08%	18.54%	9.14%	5.54%	-16.73%	17.93%
Dividend Payout	20.69%	17.16%	10.59%	11.65%	11.95%	10.15%	9.41%	7.12%	13.08%	14.37%

Revenue by Segment

	2019	2020
Deposit Account	-	3.93M
Deposit Account Growth	-	-
Insufficient funds fees	3.69M	3.51M
Insufficient funds fees Growth	-	-4.98%
Debit Card	2.62M	2.98M
Debit Card Growth	-	13.57%
Investment Advisory, Management and Administrative Service	544K	559K
Investment Advisory, Management and Administrative Service Growth	-	2.76%
ATM/Point of Sale Fees	268K	262K
ATM/Point of Sale Fees Growth	-	-2.24%
Deposit Related Fees	155K	154K
Deposit Related Fees Growth	-	-0.65%
E-commerce Fee Income	139K	113K
E-commerce Fee Income Growth	-	-18.71%

Frequently Asked Questions

Valuation & Price

Greene County Bancorp, Inc. (GCBC) has a price-to-earnings (P/E) ratio of 12.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Greene County Bancorp, Inc. (GCBC) grew revenue by 13.1% over the past year. This is steady growth.

Yes, Greene County Bancorp, Inc. (GCBC) is profitable, generating $31.1M in net income for fiscal year 2025 (23.4% net margin).

Dividend & Returns

Yes, Greene County Bancorp, Inc. (GCBC) pays a dividend with a yield of 1.16%. This makes it attractive for income-focused investors.

Greene County Bancorp, Inc. (GCBC) has a return on equity (ROE) of 14.0%. This is reasonable for most industries.

Industry Metrics

Greene County Bancorp, Inc. (GCBC) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

Greene County Bancorp, Inc. (GCBC) has an efficiency ratio of 29.6%. This is excellent, indicating strong cost control.

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