GREENE COUNTY BANC.DL-,10

Greene County Bancorp reported net income of $10.5 million ($0.62 per share) for the quarter ended March 31, 2026, versus $8.1 million ($0.47) a year earlier. For the first nine months, profit rose to $29.7 million ($1.74 per share) compared with $21.8 million in the prior year; net interest margin improved by 41 basis points in the quarter to 2.73%. Total assets were $3.2 billion, loans $1.7 billion and deposits $2.8 billion; market capitalization is $391 million with a P/E of 10.69 and a return on equity of 15%. The board approved a share repurchase program of up to 400,000 shares; a performance-based pension plan with remaining obligations of about $3.5 million was also settled. » Mere på de.investing.com

The board of directors of Greene County Bancorp has approved a share repurchase program for up to 400,000 common shares, representing roughly 5.0% of the outstanding shares held outside the parent company. Repurchases are to begin after the release of the quarter-end results for March 31, 2026, and may be made in the open market, through private transactions, block trades or 10b5-1 plans. Management will make purchases at its discretion and in compliance with SEC rules and market and liquidity conditions; the program does not commit to acquiring a fixed number of shares. » Mere på de.investing.com

The Federal Reserve Bank of Philadelphia approved that the majority shareholder, Greene County Bancorp, MHC (54.1% stake), may forgo Greene County Bancorp dividends for four quarters in 2026. The waiver may cover dividends of up to a total of $0.64 per share for the quarters ending March 31, June 30, September 30 and December 31, 2026. Separately, the board approved a quarterly cash dividend of $0.10 per common share, payable on February 27, 2026 to shareholders of record as of February 13, 2026. » Mere på de.investing.com