earnings
confidence high
sentiment positive
materiality 0.75
Greene County Bancorp posts record Q3 net income of $10.5M, authorizes 400K share buyback
GREENE COUNTY BANCORP INC
2026-Q3 EPS reported
$1.74
- Net income $10.5M ($0.62/diluted share) for Q3 FY2026, up 29.6% YoY; nine-month net income $29.7M ($1.74/share), up 36.1%.
- Total assets hit record $3.2B; net loans $1.7B and total deposits $2.8B, all-time highs.
- Board authorized stock repurchase of up to 400,000 shares at management's discretion.
- Pre-provision net income $31.6M for nine months, up 31.6% from $24.0M a year ago.
- Net interest margin expanded 45 bps to 2.59% for nine months; credit quality stable with nonperforming assets at 0.10% of assets.