Quarterly ResultMay 8, 2026, 10:16 AM
Greene County Bancorp Q3 Net Income +30.6% to $10.5M; EPS $0.62
AI Summary
Greene County Bancorp reported strong financial results for the third quarter ended March 31, 2026, with net income increasing by 30.6% to $10.5 million and diluted EPS rising to $0.62. The company also saw a significant 24.5% increase in net interest income. For the nine-month period, net income grew by 36.1% to $29.7 million, and total assets expanded by 4.6% to $3.18 billion, reflecting robust growth across key metrics.
Key Highlights
- Q3 Net income increased 30.6% to $10.5 million for the quarter ended March 31, 2026.
- Q3 Diluted earnings per share rose 31.9% to $0.62.
- Q3 Net interest income grew 24.5% to $20.2 million.
- Nine-month net income increased 36.1% to $29.7 million.
- Total assets increased 4.6% to $3.18 billion at March 31, 2026.
- Net loans receivable grew 7.4% to $1.73 billion.
- Total deposits increased 5.0% to $2.77 billion.
- Shareholders' equity rose 12.0% to $267.6 million.
Price Impact
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