Greene County Bancorp (NASDAQ:GCBC) Issues Earnings Results

Greene County Bancorp (NASDAQ:GCBC) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, RTT News reports. Greene County Bancorp had a return on equity of 12.72% and a net margin of 21.02%. During the same period last year, the business posted $0.34 EPS.

Greene County Bancorp Stock Performance

Greene County Bancorp stock opened at $26.05 on Friday. Greene County Bancorp has a one year low of $24.10 and a one year high of $37.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a market capitalization of $443.63 million, a PE ratio of 16.81 and a beta of 0.46. The stock’s 50 day moving average price is $29.13 and its 200 day moving average price is $30.64.

Greene County Bancorp Announces Dividend

The business also recently declared 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 1.38%. The ex-dividend date of this dividend is Friday, February 14th. Greene County Bancorp’s dividend payout ratio (DPR) is presently 23.23%.

Analyst Ratings Changes

Separately, StockNews.com raised Greene County Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday.

Insider Activity

In related news, Director Tejraj S. Hada acquired 2,000 shares of Greene County Bancorp stock in a transaction that occurred on Friday, November 1st. The stock was acquired at an average price of $28.00 per share, for a total transaction of $56,000.00. Following the transaction, the director now directly 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 filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 5.10% of the company’s stock.

About Greene County Bancorp

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.