Greene County Bancorp, Inc. Reports Net Income of $6.5 million for the Three Months Ended September 30, 2023 and is Selected for the Piper Sandler Sm-All Stars Class of 2023 for the Seventh Consecutive Year

CATSKILL, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for The Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the three months ended September 30, 2023, which is the first quarter of the Company’s fiscal year ending June 30, 2024. Net income for the three months ended September 30, 2023 was $6.5 million, or $0.38 per basic and diluted share, as compared to $9.0 million, or $0.53 per basic and diluted share, for the three months ended September 30, 2022. Net income decreased $2.5 million, or 28.4%, when comparing the three months ended September 30, 2023 and 2022.

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