Greene County Bancorp (GCBC) AI Stock Analysis

• Market Cap: $408.30M
• Dividend Yield: 1.5%
• Average Volume (3M): 27.88K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.98
• Revenue Growth: 14.44%
• EPS Growth: 16.49%
• Country: US
• Employees: 189
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 0.47
• Shares Outstanding: 17,026,829
• 10 Day Avg. Volume: 33,920
• 30 Day Avg. Volume: 27,881
• PEG Ratio: 1.56
• Price to Book (P/B): 1.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.81
• Enterprise Value/Market Cap: 0.76
• Enterprise Value/Revenue: 0.63
• Enterprise Value/Gross Profit: 4.48
• Enterprise Value/Ebitda: 2.70
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: $27.00 ▲(12.59%Upside)

Greene County Bancorp's overall stock score is primarily driven by its strong financial performance characterized by robust revenue growth and profitability. The technical analysis provides additional support with moderately bullish indicators. Valuation metrics suggest the stock is fairly valued, contributing to a solid investment outlook, though the dividend yield is relatively modest.

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 makes money through a variety of revenue streams primarily focused on traditional banking activities. The company's income is largely derived from interest income, which it earns on loans issued to individuals and businesses, including commercial real estate loans, residential mortgages, and consumer loans. Additionally, the bank generates non-interest income from service charges on deposit accounts, fees for banking services, and income from investment securities. The company benefits from its strong local presence and customer relationships, which help maintain a stable deposit base that funds its lending activities. Key factors contributing to its earnings include effective asset-liability management, a focus on low-cost deposits, and strategic investments in technology to improve operational efficiency.

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	129.48M	117.57M	96.77M	75.58M	68.00M	61.96M
Gross Profit	69.41M	64.12M	74.44M	66.86M	58.84M	49.58M
EBITDA	31.57M	27.75M	36.70M	33.73M	28.39M	22.47M
Net Income	28.54M	24.77M	30.79M	27.99M	23.94M	18.73M
Balance Sheet
Total Assets	3.01B	2.83B	2.70B	2.57B	2.20B	1.68B
Cash, Cash Equivalents and Short-Term Investments	474.73M	540.40M	482.15M	481.18M	545.22M	271.24M
Total Debt	94.02M	199.14M	49.49M	173.01M	22.64M	25.48M
Total Liabilities	2.78B	2.62B	2.52B	2.41B	2.05B	1.55B
Stockholders Equity	229.04M	206.00M	183.28M	157.71M	149.58M	128.81M
Cash Flow
Free Cash Flow	25.24M	23.40M	26.57M	34.30M	26.50M	25.61M
Operating Cash Flow	25.83M	24.91M	28.11M	35.35M	27.75M	26.72M
Investing Cash Flow	-227.42M	-129.24M	661.00K	-471.18M	-417.14M	-397.32M
Financing Cash Flow	101.25M	98.28M	98.67M	355.06M	498.70M	381.52M

Greene County Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 23.98 is above the 20-day moving average (MA) of 22.54, above the 50-day MA of 22.40, and below the 200-day MA of 26.22, indicating a neutral trend. The MACD of 0.46 indicates Negative momentum. The RSI at 65.08 is Neutral, neither overbought nor oversold. The STOCH value of 86.45 is Negative, 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	78 Outperform	$431.57M	11.59	9.85%	1.92%	9.82%	0.91%
RRBI	78 Outperform	$418.31M	11.77	11.51%	0.75%	10.47%	13.63%
BSRR	77 Outperform	$435.98M	11.14	11.58%	3.17%	1.99%	17.65%
GCBC	77 Outperform	$408.30M	14.31	13.33%	1.50%	14.44%	16.49%
BWB	73 Outperform	$454.79M	15.13	7.67%	―	10.63%	-3.35%
Sector *	69 Neutral	€21.75B	28.08	10.92%	4.95%	4.57%	1.35%
MSBI	58 Neutral	$399.32M	13.66	5.03%	6.68%	14.75%	-48.47%