Greene County Bancorp Inc (GCBC) stock analysis

P/E below its 5-year median

Greene County Bancorp's P/E of 13.7 is below its own 5-year median of 14.8.

P/E below the industry

Greene County Bancorp's P/E of 13.7 is below the Savings Institutions median of 13.7.

P/S above the industry

Greene County Bancorp's price-to-sales of 6.35 is above the Savings Institutions median of 3.77.

P/B above the industry

Greene County Bancorp's price-to-book of 2.13 is above the Savings Institutions median of 1.04.

Trading above fair value

The share price of $35.77 is above our fair value estimate of $32.68.

Margin of safety under 20%

The price is 9.5% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 8.1% a year over the last three fiscal years, short of the 10% we look for.

EPS growing 10%+ a year

Diluted EPS grew 10.0% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 32.3% over the last twelve months, against a 5-year average of 11.4% a year.

Growing faster than the industry

Revenue grew 19.9% over the last twelve months; the Savings Institutions median is 9.0%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity over 15%

Return on equity was 16.7% over the last twelve months and averaged 15.8% over five years.

Return on assets over 1%

Return on assets was 1.4%; for a bank or insurer, 1% or more is considered good.

Return on equity above the industry

Greene County Bancorp's return on equity of 16.7% is above the Savings Institutions median of 6.1%.

Earnings grew over 5 years

Net income grew 11.4% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 46.6% over the last twelve months, against a 5-year average of 41.1%.

Net margin above the industry

Greene County Bancorp's net margin of 46.6% is above the Savings Institutions median of 20.3%.

Well capitalized

Equity is 8.8% of total assets; 8% or more is a comfortable cushion.

Loans funded by deposits

Needs loans and deposits.

Adequate loan-loss reserve

The allowance for credit losses is not reported.

Efficient operations

Non-interest expense takes 46.4% of revenue; under 60% is efficient for a bank.

Deposits growing

Deposits grew 4.6% over the past year.

Borrowings

Needs debt and equity figures.

Pays a dividend

Greene County Bancorp paid dividends worth 1.1% of the share price over the last twelve months.

Yield below Treasuries

The 1.1% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Greene County Bancorp yields 1.1%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Covered by earnings

Dividends take 9.2% of net income.

Covered by free cash flow

Dividends take 7.7% of free cash flow.