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Greene County Bancorp First Quarter 2023 Earnings: EPS: US$1.06 (vs US$0.84 in 1Q 2022)

Greene County Bancorp (NASDAQ:GCBC) First Quarter 2023 Results

Key Financial Results

  • Revenue: US$19.4m (up 19% from 1Q 2022).

  • Net income: US$9.04m (up 27% from 1Q 2022).

  • Profit margin: 47% (up from 44% in 1Q 2022). The increase in margin was driven by higher revenue.

  • EPS: US$1.06 (up from US$0.84 in 1Q 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Greene County Bancorp shares are up 1.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Greene County Bancorp's balance sheet health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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