| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 22.22 | 3.3% | 23.9% |
| Total Income | 22.22 | 3.3% | 23.9% |
| Expenditure | 10.66 | 5.8% | 8.1% |
| PBT | 11.56 | 13.4% | 43.1% |
| Net Profit | 10.29 | 16.0% | 37.4% |
| OPM | 52.02% | 4.65pp | 7.00pp |
| NPM | 46.33% | 5.09pp | 4.59pp |
| EPS | 0.60 | 15.4% | 36.4% |
Greene County Bancorp Reports Q2 2026 Net Income of $10.3 Million
04 May 2026 · 4 May, 1:49 am
Summary
Greene County Bancorp, Inc. reported net income of $10.3 million, or $0.60 per basic and diluted share, for the three months ended December 31, 2025, compared to $7.5 million, or $0.44 per basic and diluted share, for the same period in 2024. Net income for the six months ended December 31, 2025, was $19.2 million, or $1.13 per basic and diluted share, as compared to $13.8 million, or $0.81 per basic and diluted share, for the six months ended December 31, 2024. Total consolidated assets for the Company were $3.1 billion at December 31, 2025, primarily consisting of $1.7 billion of net loans and $1.2 billion of total securities available-for-sale and held-to-maturity. Pre-provision net income was $20.6 million for the six months ended December 31, 2025, as compared to $14.9 million for the six months ended December 31, 2024.
Key Highlights
- 1
Greene County Bancorp, Inc. reported net income of $10.3 million for the quarter ended December 31, 2025, the highest quarterly earnings in the bank’s 137-year history.
- 2
Net income for the six months ended December 31, 2025, reached a new record high of $19.2 million.
- 3
Total assets reached a new record high of $3.1 billion as of December 31, 2025.
- 4
Net loans also reached a new record high of $1.7 billion as of December 31, 2025.
- 5
The return on average assets was 1.27% for the six months ended December 31, 2025.
- 6
The return on average equity was 15.45% for the six months ended December 31, 2025.
- 7
Net interest income increased $5.0 million to $19.1 million for the three months ended December 31, 2025, from $14.1 million for the three months ended December 31, 2024.
Management Comments
Donald E. Gibson
This quarter represents a defining milestone for our organization, achieving the highest earnings in our 137-year history while successfully launching our first Saratoga County office, on time and under budget. This demonstrates the strength of our strategy, the discipline of our execution and the dedication of our entire team. Our expansion positions us in a high-growth market and aligns with our strategy of disciplined capital deployment to enhance long-term shareholder value. Mr. Gibson added: “The Company continues to see strong momentum across its core business lines, supported by conservative risk management and a focus on operating fundamentals. Our performance underscores our long-standing commitment to building shareholder value while serving the financial needs of our communities. We are proud of our legacy and even more excited about the opportunities ahead.”
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