Greene County Bancorp Q1 net income rises

Greene County Bancorp

21/10/2025 14:37

Overview

Greene County Bancorp fiscal Q1 net income rises 41.7% yr/yr to $8.9 mln

Company achieves record highs in total assets, net loans, and total deposits

Greene County Bancorp expands into Saratoga County with new Clifton Park office

Result Drivers

BALANCE SHEET MANAGEMENT - Co strategically managed balance sheet by focusing on higher-yielding loans and securities, lowering deposit rates, resulting in higher net interest margin

INCREASED NET INTEREST INCOME - Net interest income rose due to higher average balance of interest-earning assets and increased interest rates on these assets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.52
Q1 Net Income
$8.87 mln
Q1 Net Interest Income
$17.52 mln
Q1 Loan Loss Provision
$1.26 mln
Q1 Pretax Profit
$10.19 mln


Press Release: ID:nGNX19Nzbr

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)