Greene County Bancorp (GCBC) AI Stock Analysis

• Market Cap: $399.11M
• Dividend Yield: 1.49%
• Average Volume (3M): 26.63K
• Price to Earnings (P/E): 13.9
• Beta (1Y): 0.95
• Revenue Growth: 14.44%
• EPS Growth: 16.49%
• Country: US
• Employees: 189
• Sector: Financial
• Sector Strength: 84
• Industry: Banks - Regional
• EPS (TTM): 0.47
• Shares Outstanding: 17,026,829
• 10 Day Avg. Volume: 24,320
• 30 Day Avg. Volume: 26,627
• PEG Ratio: 1.60
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.67
• Enterprise Value/Market Cap: 1.16
• Enterprise Value/Revenue: 1.77
• Enterprise Value/Gross Profit: 5.69
• Enterprise Value/Ebitda: 25.42
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Greene County Bancorp showcases strong financial performance, characterized by significant revenue growth and solid profitability. However, the technical analysis indicates a neutral to slightly bearish trend, with the stock trading below key moving averages. The valuation is reasonable, offering a balanced risk-reward profile. The overall score reflects a robust financial foundation but acknowledges the current technical challenges.

Greene County Bancorp Business Overview & Revenue Model

Company Description

Greene County Bancorp, Inc. operates as a holding company for The Bank of Greene County that provides various financial services in the United States. Its deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts. The company's loan portfolio consists of residential, construction and land, and multifamily mortgage loans; commercial real estate mortgage loans; consumer loans, such as loans on new and used automobiles, personal loans, and home equity loans, as well as other consumer installment loans, including passbook loans, unsecured home improvement loans, recreational vehicle loans, and deposit account overdrafts; and commercial loans. As of June 30, 2021, it operated a network of 17 full-service banking offices. The company was founded in 1889 and is based in Catskill, New York. Greene County Bancorp, Inc. is a subsidiary of Greene County Bancorp, MHC.

How the Company Makes Money

Greene County Bancorp generates revenue primarily through the interest income received from its loan portfolio, which includes residential mortgages, commercial real estate loans, and consumer loans. The company also earns money from fees associated with its banking services, such as account maintenance fees, overdraft fees, and transaction fees. Additionally, it benefits from gains on the sale of investment securities and mortgages. Non-interest income, while a smaller portion of the revenue, includes fees from debit card transactions, ATM surcharges, and trust services. The bank's local presence and community-focused approach help it maintain a strong customer base, contributing to its stable earnings.

Greene County Bancorp Financial Statement Overview

Summary

Greene County Bancorp exhibits strong financial performance with healthy revenue growth, robust profitability, and solid cash flow generation. Despite some fluctuations in operating margins, the company's leverage remains manageable, supported by a stable equity base. The overall financial outlook is positive, with opportunities for further optimization in cash flow and margin improvement.

Income Statement

The income statement shows strong performance with a Gross Profit Margin of 97.28% and a significant Net Profit Margin of 27.62% in the TTM. Revenue has grown consistently, with a notable increase from previous periods, highlighting robust business growth. However, a decrease in EBIT and EBITDA margins compared to historical peaks suggests some pressure on operating efficiency.

Balance Sheet

The balance sheet reflects solid financial health, with a reasonable Debt-to-Equity Ratio of 0.89, indicating manageable leverage levels. The Equity Ratio stands at 7.36%, showing a stable equity base. Return on Equity is a strong 12.06%, suggesting effective use of shareholder funds. The firm's equity growth indicates solid financial positioning but could be improved further for increased stability.

Cash Flow

Cash flow analysis reveals a stable Free Cash Flow, although slight decline compared to 2023. The Operating Cash Flow to Net Income Ratio is at 0.92, showing consistent cash generation relative to net income. The Free Cash Flow to Net Income Ratio of 0.87 suggests effective conversion of income to cash flow, though with room for optimization.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
67.10M	64.12M	73.36M	70.14M	62.81M	53.48M
	Gross Profit
81.57M	64.89M	73.36M	70.14M	62.81M	53.48M
	EBIT
21.98M	27.75M	35.83M	38.34M	27.61M	21.76M
	EBITDA
645.00K	0.00	36.70M	33.73M	28.39M	22.47M
	Net Income Common Stockholders
26.34M	24.77M	30.79M	27.99M	23.94M	18.73M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
601.34M	540.40M	482.15M	481.18M	545.22M	271.24M
	Total Assets
2.87B	2.83B	2.70B	2.57B	2.20B	1.68B
	Total Debt
85.79M	199.14M	49.49M	173.01M	22.64M	25.48M
	Net Debt
-170.85M	5.91M	-151.53M	99.89M	-131.68M	-19.05M
	Total Liabilities
2.67B	2.62B	49.49M	2.41B	2.05B	1.55B
	Stockholders Equity
199.19M	206.00M	183.28M	157.71M	149.58M	128.81M
Cash Flow		Free Cash Flow
22.91M	23.40M	26.57M	34.30M	26.50M	25.61M
	Operating Cash Flow
24.11M	24.91M	28.11M	35.35M	27.75M	26.72M
	Investing Cash Flow
-233.55M	-129.24M	661.00K	-471.18M	-417.14M	-397.32M
	Financing Cash Flow
199.80M	98.28M	98.67M	355.06M	498.70M	381.52M

Greene County Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.44
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GCBC, the sentiment is Positive. The current price of 23.44 is above the 20-day moving average (MA) of 22.47, above the 50-day MA of 22.55, and below the 200-day MA of 27.53, indicating a neutral trend. The MACD of 0.28 indicates Negative momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 71.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GCBC.

Greene County Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBCP	76 Outperform	$398.34M	10.70	9.85%	2.02%	9.82%	0.91%
BWB	73 Outperform	$428.06M	14.17	7.67%	―	10.63%	-3.35%
GCBC	69 Neutral	$399.11M	13.91	13.33%	1.49%	14.44%	16.49%
RRBI	65 Neutral	$378.52M	10.48	11.51%	0.70%	10.47%	13.63%
Sector *	64 Neutral	$12.82B	9.87	7.67%	17000.34%	12.39%	-5.85%
BSRR	62 Neutral	$394.80M	10.09	11.58%	3.36%	1.99%	17.65%
MSBI	54 Neutral	$382.02M	12.51	-1.68%	6.95%	3.95%	-135.44%