Revenue growth remains strong with net interest income reaching $20.2 million in 2026Q3, while the efficiency ratio improved to 31.1% due to disciplined cost management.
| Metric | TTM | Jun'25 | Jun'24 | Jun'23 | Jun'22 | Jun'21 | Jun'20 | Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 | Jun'07 | Jun'06 | Jun'05 | Jun'04 | Jun'03 | Jun'02 | Jun'01 | Jun'00 | Jun'99 | Jun'98 |
|---|
| Net Interest Income | 73.47M | 60.12M | 50.98M | 61.22M | 58.01M | 53.15M | 44.83M | 40M | 34.91M | 30.38M | 26.22M | 23.4M | 21.4M | 21.24M | 20.76M | 19.71M | 17.72M | 15.73M | 12.19M | 10.54M | 10.69M | 10.83M | 9.98M | 8.72M | 7.62M | 6.06M | 5.56M | 5.1M | 4.54M |
| NII Growth % | 123.31% | 17.93% | -16.73% | 5.54% | 9.14% | 18.54% | 12.08% | 14.57% | 14.92% | 15.87% | 12.07% | 9.33% | 0.74% | 2.34% | 5.3% | 11.27% | 12.63% | 29.04% | 15.62% | -1.36% | -1.27% | 8.42% | 14.47% | 14.53% | 25.59% | 9.02% | 9.07% | 12.44% | - |
| Net Interest Margin % | 2.31% | 1.98% | 1.8% | 2.27% | 2.26% | 2.42% | 2.67% | 3.15% | 3.03% | 3.09% | 3.02% | 3.17% | 3.17% | 3.35% | 3.51% | 3.6% | 3.58% | 3.42% | 3.21% | 3.24% | 3.48% | 3.67% | 3.51% | 3.39% | 3.46% | 3.28% | 3.32% | 3.34% | 3.23% |
| Interest Income | 128.44M | 117.7M | 103.66M | 84.63M | 63.44M | 58.33M | 53.31M | 46.31M | 38.93M | 33.46M | 28.8M | 25.7M | 23.79M | 24.06M | 24.34M | 24.22M | 23.08M | 22.48M | 19.53M | 16.98M | 14.82M | 14.08M | 13.34M | 13.07M | 12.55M | 11.51M | 10.55M | 10M | 9.5M |
| Interest Expense | 54.97M | 57.58M | 52.69M | 23.41M | 5.44M | 5.18M | 8.48M | 6.31M | 4.01M | 3.08M | 2.58M | 2.3M | 2.39M | 2.82M | 3.58M | 4.51M | 5.37M | 6.75M | 7.34M | 6.44M | 4.14M | 3.26M | 3.35M | 4.34M | 4.93M | 5.45M | 4.98M | 4.9M | 4.97M |
| Loan Loss Provision | 1.03M | 1.32M | 766K | -1.07M | 3.28M | 3.97M | 3.9M | 1.66M | 1.53M | 1.91M | 1.67M | 1.56M | 1.5M | 1.75M | 1.78M | 1.63M | 1.27M | 2.02M | 581K | 279K | 200K | 71K | 105K | 180K | 218.9K | 60K | 135K | 200K | 120K |
| Non-Interest Income | 14.61M | 15.23M | 13.91M | 12.15M | 12.14M | 9.67M | 8.65M | 8.36M | 7.48M | 6.42M | 5.96M | 5.7M | 5.28M | 5M | 4.85M | 4.79M | 4.61M | 6.32M | 4.58M | 3.94M | 3.11M | 2.69M | 2.73M | 2.47M | 1.84M | 1.1M | 850.59K | 500K | -3.98M |
| Non-Interest Income % | 10.21% | 11.46% | 11.83% | 12.55% | 16.06% | 14.22% | 13.96% | 15.29% | 16.12% | 16.11% | 17.16% | 18.15% | 18.16% | 17.19% | 16.61% | 16.52% | 16.66% | 21.94% | 18.98% | 18.83% | 17.35% | 16.06% | 17% | 15.9% | 12.79% | 8.7% | 7.46% | 4.76% | -72.03% |
| Total Revenue | 143.04M | 132.94M | 117.57M | 96.77M | 75.58M | 68M | 61.96M | 54.67M | 46.41M | 39.88M | 34.77M | 31.4M | 29.07M | 29.05M | 29.19M | 29.02M | 27.7M | 28.8M | 24.11M | 20.93M | 17.94M | 16.78M | 16.07M | 15.54M | 14.39M | 12.61M | 11.4M | 10.5M | 5.52M |
| Revenue Growth % | 42.1% | 13.07% | 21.5% | 28.04% | 11.16% | 9.73% | 13.34% | 17.8% | 16.36% | 14.72% | 10.73% | 8.01% | 0.04% | -0.47% | 0.59% | 4.77% | -3.83% | 19.45% | 15.22% | 16.66% | 6.91% | 4.42% | 3.42% | 7.97% | 14.12% | 10.63% | 8.55% | 90.07% | - |
| Non-Interest Expense | 42.19M | 39.37M | 37.3M | 38.61M | 33.96M | 31.22M | 27.82M | 25.68M | 22.36M | 19.97M | 18.87M | 18.03M | 16.12M | 15.45M | 15.31M | 14.86M | 13.61M | 13.78M | 12.3M | 11.04M | 10.53M | 9.24M | 8.47M | 7.82M | 6.98M | 5.93M | 4.97M | 4.3M | -1.27M |
| Efficiency Ratio | 29.49% | 29.62% | 31.73% | 39.9% | 44.93% | 45.92% | 44.9% | 46.97% | 48.18% | 50.06% | 54.28% | 57.43% | 55.44% | 53.17% | 52.46% | 51.2% | 49.14% | 47.84% | 51.02% | 52.74% | 58.69% | 55.06% | 52.74% | 50.31% | 48.53% | 47.01% | 43.63% | 40.95% | -22.93% |
| Operating Income | 44.86M | 34.67M | 26.82M | 35.83M | 32.91M | 27.61M | 21.76M | 21.03M | 18.5M | 14.93M | 11.64M | 9.51M | 9.06M | 9.04M | 8.51M | 8.02M | 7.45M | 6.25M | 3.88M | 3.17M | 3.07M | 4.21M | 4.14M | 3.2M | 2.25M | 1.17M | 1.3M | 1.1M | 1.7M |
| Operating Margin % | 31.36% | 26.08% | 22.81% | 37.02% | 43.54% | 40.61% | 35.11% | 38.46% | 39.87% | 37.43% | 33.49% | 30.28% | 31.19% | 31.12% | 29.15% | 27.65% | 26.89% | 21.71% | 16.11% | 15.14% | 17.13% | 25.1% | 25.75% | 20.57% | 15.66% | 9.3% | 11.45% | 10.48% | 30.83% |
| Operating Income Growth % | - | 29.26% | -25.14% | 8.88% | 19.16% | 26.93% | 3.47% | 13.64% | 23.95% | 28.23% | 22.46% | 4.88% | 0.24% | 6.26% | 6.07% | 7.71% | 19.15% | 60.93% | 22.63% | 3.13% | -27.05% | 1.76% | 29.5% | 41.83% | 92.09% | -10.13% | 18.64% | -35.42% | - |
| Pretax Income | 44.86M | 34.67M | 26.82M | 35.83M | 32.91M | 27.61M | 21.76M | 21.03M | 18.5M | 14.93M | 11.64M | 9.51M | 9.06M | 9.04M | 8.51M | 8.02M | 7.45M | 6.25M | 3.88M | 3.17M | 3.07M | 4.21M | 4.14M | 3.2M | 2.25M | 1.17M | 1.3M | 1.1M | 1.7M |
| Pretax Margin % | 31.36% | 26.08% | 22.81% | 37.02% | 43.54% | 40.61% | 35.11% | 38.46% | 39.87% | 37.43% | 33.49% | 30.28% | 31.19% | 31.12% | 29.15% | 27.65% | 26.89% | 21.71% | 16.11% | 15.14% | 17.13% | 25.1% | 25.75% | 20.57% | 15.66% | 9.3% | 11.45% | 10.48% | 30.83% |
| Income Tax | 5.84M | 3.53M | 2.05M | 5.04M | 4.92M | 3.67M | 3.03M | 3.54M | 4.09M | 3.74M | 2.68M | 2.32M | 2.54M | 2.67M | 2.68M | 2.73M | 2.56M | 2.17M | 1.17M | 909K | 829K | 1.26M | 1.23M | 991K | 600.2K | 216.5K | 346.86K | 200K | 553.36K |
| Effective Tax Rate % | 13.03% | 10.18% | 7.64% | 14.07% | 14.95% | 13.3% | 13.92% | 16.85% | 22.13% | 25.06% | 23.01% | 24.38% | 27.99% | 29.55% | 31.49% | 34.05% | 34.42% | 34.66% | 29.99% | 28.69% | 26.99% | 29.97% | 29.6% | 31.01% | 26.64% | 18.46% | 26.58% | 18.18% | 32.49% |
| Net Income | 39.02M | 31.14M | 24.77M | 30.79M | 27.99M | 23.94M | 18.73M | 17.48M | 14.41M | 11.19M | 8.96M | 7.19M | 6.53M | 6.37M | 5.83M | 5.29M | 4.88M | 4.08M | 2.72M | 2.26M | 2.24M | 2.95M | 2.91M | 2.2M | 1.65M | 956.35K | 958.13K | 900K | 1.15M |
| Net Margin % | 27.28% | 23.42% | 21.07% | 31.81% | 37.03% | 35.21% | 30.22% | 31.98% | 31.05% | 28.05% | 25.78% | 22.9% | 22.46% | 21.93% | 19.97% | 18.23% | 17.64% | 14.18% | 11.28% | 10.8% | 12.5% | 17.58% | 18.13% | 14.19% | 11.49% | 7.58% | 8.41% | 8.57% | 20.82% |
| Net Income Growth % | 36.72% | 25.71% | -19.54% | 10% | 16.89% | 27.85% | 7.11% | 21.35% | 28.79% | 24.81% | 24.68% | 10.13% | 2.46% | 9.28% | 10.19% | 8.31% | 19.58% | 50.18% | 20.41% | 0.71% | -23.94% | 1.24% | 32.15% | 33.37% | 72.81% | -0.18% | 6.46% | -21.73% | - |
| Net Income (Continuing) | 39.02M | 31.14M | 24.77M | 30.79M | 27.99M | 23.94M | 18.73M | 17.48M | 14.41M | 11.19M | 8.96M | 7.19M | 6.53M | 6.37M | 5.83M | 5.29M | 4.88M | 4.08M | 2.72M | 2.26M | 2.24M | 2.95M | 2.91M | 2.2M | 1.65M | 956.35K | 958.13K | 900K | 1.15M |
| EPS (Diluted) | 2.29 | 1.83 | 1.45 | 1.81 | 1.65 | 1.41 | 1.10 | 1.02 | 0.85 | 0.66 | 0.53 | 0.43 | 0.39 | 0.38 | 0.35 | 0.32 | 0.30 | 0.25 | 0.16 | 0.14 | 0.14 | 0.18 | 0.18 | 0.14 | 0.10 | 0.06 | 0.06 | 0.05 | 0.07 |
| EPS Growth % | 36.31% | 26.21% | -19.89% | 9.7% | 17.02% | 28.18% | 7.84% | 20% | 28.79% | 24.53% | 23.26% | 10.26% | 2.63% | 8.57% | 9.38% | 6.67% | 20% | 56.25% | 14.29% | 0% | -22.22% | 0% | 28.57% | 40% | 66.67% | 0% | 14.72% | -27.26% | - |
| EPS (Basic) | - | 1.83 | 1.45 | 1.81 | 1.65 | 1.41 | 1.10 | 1.02 | 0.85 | 0.66 | 0.53 | 0.43 | 0.39 | 0.38 | 0.35 | 0.32 | 0.30 | 0.25 | 0.17 | 0.14 | 0.14 | 0.18 | 0.18 | 0.14 | 0.11 | 0.06 | 0.06 | 0.05 | 0.07 |
| Diluted Shares Outstanding | 17.03M | 17.03M | 17.03M | 17.03M | 17.03M | 17.03M | 17.06M | 17.08M | 17.07M | 17.03M | 16.95M | 17M | 16.96M | 16.89M | 16.79M | 16.66M | 16.54M | 16.48M | 16.63M | 16.77M | 16.72M | 16.86M | 16.54M | 16.3M | 16.13M | 16.01M | 16.07M | 16M | 16M |
CRE concentration in Hudson Valley
According to the latest quarterly filings, GCBC achieved a robust 24.5% year-over-year growth in net interest income as of 2026Q3, signaling that the bank's asset-sensitive loan portfolio is successfully capturing higher market rates while maintaining a stable funding base through its municipal deposit relationships.
The acceleration in NII from $12.3M in 2024Q3 to $20.2M in 2026Q3 suggests that the bank's strategic expansion into the Albany market is yielding tangible top-line results. Investors should monitor whether this growth trajectory persists as the deposit beta likely faces upward pressure in a competitive regional landscape.
As reported in financial statements, GCBC has maintained a consistent net interest margin of 0.6% throughout 2026, demonstrating that the bank's structural reliance on low-cost municipal deposits provides a critical buffer against the broader industry trend of margin compression seen in many regional banking peers.
The stability of the NIM suggests that the bank's pricing power in its core rural markets remains intact despite the broader interest rate environment. This performance implies that the bank is effectively managing the lag between asset repricing and the cost of its deposit base.
Based on the reported figures, GCBC's efficiency ratio improved to 31.1% in 2026Q3, reflecting a disciplined approach to managing fixed costs while simultaneously scaling revenue, which suggests that the bank is successfully leveraging its existing branch infrastructure to support its recent expansion into more urbanized markets.
The ability to keep the efficiency ratio near the 30% level while growing NII indicates strong operating leverage. This trend warrants further investigation to determine if the bank can maintain this level of cost control as it integrates new municipal relationships in the Albany metropolitan area.
Data from the most recent quarterly reports indicates that GCBC's provision for credit losses remains relatively modest at $451.0K in 2026Q3, which suggests that management maintains a conservative outlook on credit risk despite the bank's significant concentration in commercial real estate and multi-family mortgage segments.
The fluctuation in provision expense, including the negative provision in 2025Q4, implies a reactive approach to CECL modeling that may be sensitive to local economic shifts. Analysts should monitor whether this provisioning level remains adequate if the Hudson Valley real estate market experiences a period of valuation stress.
Quick answers to the most common questions about buying GCBC stock.
Greene County Bancorp, Inc. (GCBC) is profitable, generating $31.1M in net income for the fiscal year ending 2025 with a net profit margin of 23.4%.
Greene County Bancorp, Inc. (GCBC) reported an operating income of $34.7M, resulting in an operating profit margin of 26.1%. This margin reflects the operational efficiency of the business before interest and taxes.
Greene County Bancorp, Inc. (GCBC) generated $74.0M in gross profit for the year, representing a gross profit margin of 55.7%. This demonstrates the company's core pricing power and production efficiency.