Greene County Bancorp reports record $12.5 million quarterly net income, up 40.9%
Greene County Bancorp reported net income of $12.5 million, or $0.73 per share, for the three months ended September 30, 2026, up from $8.9 million, or $0.52 per share, a year earlier. The company said this was a record high, and net interest margin rose to 2.93% from 2.48%, while noninterest income fell due to a $1.2 million loss on securities sales.
Key points
- Net income was $12.5 million, or $0.73 per basic and diluted share, versus $8.9 million, or $0.52, for the quarter ended September 30, 2025.
- Net interest margin rose to 2.93% from 2.48%, and net interest income rose to $21.9 million from $17.5 million.
- Noninterest income fell 27.0% to $2.9 million, mainly due to a $1.2 million loss on sales of available-for-sale securities.
- Shareholders will vote on a proposal to rename the company Greene Bancorp, Inc. at the November 7, 2026 annual meeting.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.