Greene County Bancorp reports net income $12.2M for H1 FY2024, down 25% YoY

GREENE COUNTY BANCORP INC

2024-Q2 EPS reported $0.72

Net income $12.2M ($0.72 EPS) for six months ended Dec 31, 2023 vs $16.2M ($0.95 EPS) prior year.
Net interest income fell $5.9M to $25.9M; net interest margin 2.03% vs 2.57% a year ago.
Total assets hit record $2.7B; net loans record $1.4B, up 3.6% from June 30, 2023.
Deposits decreased $102.3M (4.2%) to $2.3B; brokered deposits increased to $64.1M.
Nonperforming loans stable at $5.6M; allowance for credit losses at 1.39% of total loans.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GREENE COUNTY BANCORP INC reported three and six months ended December 31, 2023 results: net income $12.2 million, EPS $0.72 per basic and diluted share.

Period: three and six months ended December 31, 2023
Net income: $12.2 million
EPS: $0.72 per basic and diluted share
Result: reported results

Exact text from the filing

Greene County Bancorp, Inc. Reports Net Income of $12.2 million for the Six Months Ended December 31, 2023

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Source: SEC EDGAR

accession 0001140361-24-003393

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