Greene County Bancorp (NASDAQ:GCBC - Get Free Report) announced its earnings results on Tuesday. The real estate investment trust reported $0.47 EPS for the quarter, Zacks reports. The company had revenue of $20.07 million during the quarter. Greene County Bancorp had a return on equity of 12.55% and a net margin of 21.02%.
Greene County Bancorp Stock Up 2.6 %
Shares of GCBC traded up $0.55 during midday trading on Friday, hitting $22.08. The company had a trading volume of 26,384 shares, compared to its average volume of 27,773. Greene County Bancorp has a 1 year low of $20.00 and a 1 year high of $37.25. The company's 50-day simple moving average is $23.63 and its 200-day simple moving average is $27.14. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $375.96 million, a P/E ratio of 14.25 and a beta of 0.36.
Greene County Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Friday, May 16th. Greene County Bancorp's dividend payout ratio is currently 21.43%.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Greene County Bancorp from a "sell" rating to a "hold" rating in a research note on Saturday.
Check Out Our Latest Research Report on Greene County Bancorp
Insiders Place Their Bets
In other Greene County Bancorp news, CFO Nick Barzee acquired 1,500 shares of the stock in a transaction dated Friday, April 25th. The stock was acquired at an average cost of $21.50 per share, with a total value of $32,250.00. Following the transaction, the chief financial officer now owns 3,240 shares in the company, valued at $69,660. The trade was a 86.21 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Tejraj S. Hada bought 7,000 shares of the business's stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average cost of $23.39 per share, for a total transaction of $163,730.00. Following the transaction, the director now directly owns 15,706 shares in the company, valued at approximately $367,363.34. This represents a 80.40 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 11,284 shares of company stock worth $269,659 in the last 90 days. Corporate insiders own 5.10% of the company's stock.
Greene County Bancorp Company Profile
(
Get Free Report)
Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.
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