Greene County Bancorp (NASDAQ:GCBC) announced its quarterly earnings data on Tuesday. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Greene County Bancorp had a return on equity of 14.80% and a net margin of 30.36%. The firm had revenue of $10.72 million for the quarter.
Shares of NASDAQ:GCBC traded down $0.05 on Wednesday, reaching $34.05. 113 shares of the company traded hands, compared to its average volume of 3,154. Greene County Bancorp has a 52 week low of $22.16 and a 52 week high of $38.00. The stock has a market capitalization of $296.27, a P/E ratio of 23.36 and a beta of 0.33. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.22.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 31st. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.0975 per share. This is a boost from Greene County Bancorp’s previous quarterly dividend of $0.10. This represents a $0.39 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Monday, May 14th.
A hedge fund recently raised its stake in Greene County Bancorp stock. State Street Corp increased its holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC) by 3.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,199 shares of the real estate investment trust’s stock after purchasing an additional 1,211 shares during the quarter. State Street Corp owned approximately 0.39% of Greene County Bancorp worth $902,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 4.63% of the company’s stock.
Separately, BidaskClub cut Greene County Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, February 14th.
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About Greene County Bancorp
Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services. Its deposit products include savings, NOW accounts, money market accounts, certificates of deposit and non-interest bearing checking accounts, and individual retirement accounts.
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