Stock Analysis Report

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Market Cap


Last Updated

2021/08/01 22:15 UTC

Data Sources

Company Financials

Executive Summary

Greene County Bancorp, Inc. operates as a holding company for The Bank of Greene County that provides various financial services. More Details

Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.

Similar Companies

Share Price & News

How has Greene County Bancorp's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: GCBC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GCBC's weekly volatility (5%) has been stable over the past year.

Market Performance

7 Day Return




US Mortgage


US Market

1 Year Return




US Mortgage


US Market

Return vs Industry: GCBC underperformed the US Mortgage industry which returned 48.5% over the past year.

Return vs Market: GCBC exceeded the US Market which returned 35.9% over the past year.

Shareholder returns

7 Day-0.2%0.9%-0.4%
30 Day5.2%-3.0%-0.3%
90 Day21.9%-12.5%3.1%
1 Year46.5%43.7%52.9%48.5%38.0%35.9%
3 Year-6.8%-11.2%24.8%15.5%62.9%52.7%
5 Year96.9%81.4%64.4%40.8%121.3%96.9%

Long-Term Price Volatility Vs. Market

How volatile is Greene County Bancorp's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Greene County Bancorp undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: GCBC ($30.93) is trading below our estimate of fair value ($44.19)

Significantly Below Fair Value: GCBC is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: GCBC is good value based on its PE Ratio (11x) compared to the US Mortgage industry average (12x).

PE vs Market: GCBC is good value based on its PE Ratio (11x) compared to the US market (18.1x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GCBC's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: GCBC is overvalued based on its PB Ratio (1.8x) compared to the US Mortgage industry average (1.1x).

Future Growth

How is Greene County Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Greene County Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Greene County Bancorp performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GCBC has high quality earnings.

Growing Profit Margin: GCBC's current net profit margins (40.7%) are higher than last year (37.8%).

Past Earnings Growth Analysis

Earnings Trend: GCBC's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: GCBC's earnings growth over the past year (27.8%) exceeds its 5-year average (17% per year).

Earnings vs Industry: GCBC earnings growth over the past year (27.8%) underperformed the Mortgage industry 40.2%.

Return on Equity

High ROE: GCBC's Return on Equity (16%) is considered low.

Financial Health

How is Greene County Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: GCBC's Assets to Equity ratio (14.7x) is moderate.

Allowance for Bad Loans: GCBC has a sufficient allowance for bad loans (855%).

Low Risk Liabilities: 98% of GCBC's liabilities are made up of primarily low risk sources of funding.

Loan Level: GCBC has an appropriate level of Loans to Assets ratio (49%).

Low Risk Deposits: GCBC's Loans to Deposits ratio (54%) is appropriate.

Level of Bad Loans: GCBC has an appropriate level of bad loans (0.2%).


What is Greene County Bancorp current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

TodayAug 02 2021Ex Dividend DateAug 13 2021Dividend Pay DateAug 31 202118 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: GCBC's dividend (1.68%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: GCBC's dividend (1.68%) is low compared to the top 25% of dividend payers in the US market (3.55%).

Stability and Growth of Payments

Stable Dividend: GCBC's dividends per share have been stable in the past 10 years.

Growing Dividend: GCBC's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.4%), GCBC's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Don Gibson (56 yo)





Mr. Donald E. Gibson, also known as Don, serves as the President and Chief Executive Officer at Greene County Commercial Bank. Mr. Gibson has been the Chief Executive Officer and President at The Bank of G...

CEO Compensation Analysis

Compensation vs Market: Don's total compensation ($USD1.39M) is about average for companies of similar size in the US market ($USD1.11M).

Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: GCBC's management team is seasoned and experienced (14.1 years average tenure).

Board Members

Experienced Board: GCBC's board of directors are considered experienced (6.9 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Greene County Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Greene County Bancorp, Inc.
  • Ticker: GCBC
  • Exchange: NasdaqCM
  • Founded: 1889
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$263.320m
  • Shares outstanding: 8.51m
  • Website:

Number of Employees


  • Greene County Bancorp, Inc.
  • 302 Main Street
  • Catskill
  • New York
  • 12414
  • United States



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, ...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:15
End of Day Share Price2021/07/30 00:00
Annual Earnings2021/06/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.