Greene County Bancorp Inc (GCBC) Earnings Report, Financial Results, Financial analysis

Greene County Bancorp Inc reported in the first quarter of 2024 net earnings per share of $0.38 a decrease by -64.15 % year on year from $1.06 and an improvement of 150.39 % from $0.15 realized in IV. Quarter (Jun 30 2023).

*first quarter of 2024*
Earnings Per Share	Revenues
$ 0.38	$ 16 Mill
$-0.68 -64.15 %	$-3M -16.21 %

Greene County Bancorp Inc 's Revenue fell by -16.21 % in first quarter of 2024 (Sep 30 2023) year on year, to $16 million and declined by -5.35 % sequentially.

Greene County Bancorp Inc is Expected to report next financial results on February 09, 2024.

More on GCBC's Income Statement

GCBC's NET INCOME

Greene County Bancorp Inc 's net income of $6.469 million in the first quarter of 2024 decreased by -28.41 % from net earnings of $9.036 million achieved in I. Quarter a year ago.

Sequentially net earnings grew by 0.14 % from net income of $6.460 million realized in previous quarter.

More on GCBC's Growth

Greene County Bancorp Inc Inventories
In Sep 30 2023 company's net cash and cash equivalents decreased by $-66 million, capital expenditures fell by 207.79%, to $0 millions compare to same quarter a year ago and rose by -34.17% from IV. Quarter (Jun 30 2023).

More on GCBC's Cash flow Statement

Earnings quality

Greene County Bancorp Inc payed out dividend of $0.22 per share in last 52 weeks representing 11.83 % of net earning per share in trailing twelve-month period.

During the same period Greene County Bancorp Inc earned $ 1.76 cash per share, on a free-cash flow basis 94.62 % of net earning per share.

Book value grew by 0.37 % sequentially to $10.82 per share, -425.88% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 10.82 per share from $ 10.78.

Company issued 0.02 million shares or 0.11 % in Sep 30 2023.
Interest Coverage Ratio was 2.02. Debt Coverage Ratio was 0.83.

• More on GCBC's Dividends

Market Capitalization (Millions)	432
Shares Outstanding (Millions)	17
Total Debt (Millions $)	54
Revenue (TTM) (Millions $)	71
Net Income (TTM) (Millions $)	28
Cash Flow (TTM) (Millions $)	63
Capital Exp. (TTM) (Millions $)	-2
Dividend TTM ($)	0.22 $
Dividend Yield TTM (%)	1.26 %
Employees (TTM) $	124

Earnings quality

Greene County Bancorp Inc payed out dividend of $0.22 per share in the last 52 weeks representing 11.83 % of net earning per share in trailing twelve-month period.

During the same period Greene County Bancorp Inc had $ 1.76 cash flow per share, on a free-cash flow basis 94.62 % of net earning per share.

Book value grew by 0.37 % sequentially to $10.82 per share, -425.88% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 10.82 per share from $ 10.78.

Company issued 0.02 million shares or 0.11 % in Sep 30 2023.
Interest Coverage Ratio was 2.02. Debt Coverage Ratio was 0.83.

• More on GCBC's Balance Sheets

Market Capitalization (Millions)	432
Shares Outstanding (Millions)	17
Total Debt (Millions $)	54
Revenue (TTM) (Millions $)	71
Net Income (TTM) (Millions $)	28
Cash Flow (TTM) (Millions $)	63
Capital Exp. (TTM) (Millions $)	-2
Dividend TTM ($)	0.22 $
Dividend Yield TTM (%)	1.26 %
Employees (TTM) $	124

Greene County Bancorp Inc

GCBC's Financial Statements and Analysis