GREENE COUNTY BANCORP INC (GCBC) Sep 2024 Earnings Report
Greene County Bancorp, Inc. (GCBC): Investment Report
Overview
Greene County Bancorp, Inc. is a holding company for The Bank of Greene County, which provides various financial services in the United States. With a market capitalization of $520.5 million and a current stock price of $30.57, GCBC operates in the Financial Services sector and Banks - Regional industry. This report provides an in-depth analysis of the company's core metrics, financial performance, growth prospects, and recent news, making it an essential read for investors looking to make an informed decision about GCBC.
Core Metrics
- Current price: $30.57
- 52-week high: $37.25
- 52-week low: $22.34
- Market Cap: $520.5 million
- P/E Ratio: 21.08
- Earnings per Share: $1.45
- 50-day average: $32.57
- 200-day average: $29.39
- Analyst Recommendations: None
Financial Performance
Greene County Bancorp's financial performance has been decent, with a revenue growth rate of -0.028. The company's latest earnings report showed a net income of $24.8 million, down 20% from FY 2023, and an EPS of $1.46, down from $1.81 in FY 2023. The operating cash flow stands at $24.908 million, and the total cash is $193.811 million.
Growth Prospects
Greene County Bancorp's growth prospects are decent, considering its financial performance and industry trends. The company's focus on providing various financial services in the United States positions it well for future growth. However, the recent decline in revenue growth rate and net income may be a cause for concern.
News and Updates
Recent news articles about Greene County Bancorp include the company's full-year 2024 earnings report, which showed a decline in net income and EPS. Other news articles include an analysis of the company's moves and its potential impact on investors. Additionally, there have been articles discussing the company's P/E ratio and its performance in the fourth quarter of 2024.
Upgrades and Downgrades
There have been no recent upgrades or downgrades from analysts. However, a recent article from news.stocktradersdaily.com provided AI-generated signals for GCBC, suggesting a buy target of $36.03 and a stop loss at $32.16.
Summary
In conclusion, Greene County Bancorp, Inc. is a regional bank holding company with a decent financial performance and growth prospects. While the company's recent earnings report showed a decline in net income and EPS, its focus on providing various financial services in the United States positions it well for future growth. Investors should keep an eye on the company's financial performance and industry trends to make an informed decision about GCBC.
Disclosures
The information on this website should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided here or on other content distribution outlets are for informational purposes only, and should not be relied upon when making any investment decision. Under no circumstances should any information provided on this website or social media platforms be construed as an offer soliciting the purchase or sale of any security, nor should it be construed as an offer to provide investment advisory services.