Greene County Bancorp is a holding company for its subsidiary, The Bank of Greene County (the Bank). Through the Bank, Co. is engaged in accepting retail deposits from the general public in the areas surrounding its branches and investing those deposits, together with funds generated from operations and borrowings, primarily in residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans and commercial business loans. In addition, the Bank invests a portion of its assets in state and political subdivision securities and mortgage-backed securities. Co.'s other subsidiary, Greene Risk Management, Inc., is a pooled captive insurance company. The GCBC stock yearly return is shown above.
The yearly return on the GCBC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the GCBC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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