Greene County Bancorp saw a 31% rise in quarterly net income to $7.5M, despite a stock drop.

Greene County Bancorp reported a 31% increase in net income to $7.5 million for the quarter ending December 2024, with total assets reaching a record $2.97 billion. The company's stock fell to $26.63, and it announced a quarterly dividend of $0.09 per share, due on February 28. Despite the stock drop, the bank's net loans also hit a record $1.53 billion, and insiders recently bought shares.

2 months ago
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