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

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