GCBC FY2026 earnings: results, stock reaction and implied move

Reported results

GAAP net income was $12.5 million, or $0.73 per basic and diluted share, for the three months ended September 30, 2026, compared to $8.9 million, or $0.52 per basic and diluted share, for the three months ended September 30, 2025.
GAAP net interest income was $21.9 million for the three months ended September 30, 2026, up $4.4 million from $17.5 million for the three months ended September 30, 2025.
Non-GAAP pre-provision net income was $12.1 million for the three months ended September 30, 2026, an increase of 19.2% from $10.1 million for the three months ended September 30, 2025.
GAAP provision for credit losses was a benefit of $432,000 for the three months ended September 30, 2026, compared to a charge of $1.3 million for the three months ended September 30, 2025.
Non-GAAP tax-equivalent net interest margin was 3.24% for the three months ended September 30, 2026, compared to 2.78% for the three months ended September 30, 2025.
Total deposits were $2.8 billion at September 30, 2026, an increase of 5.0% compared to $2.7 billion at June 30, 2026.

Effective September 14, 2026, the Company’s primary banking subsidiary changed its legal name from the Bank of Greene County to Bank of Greene.

The figures above come from the earnings release the company filed with the SEC on 2026-10-22 (8-K, Item 2.02). Read the original filing on sec.gov.