Gouverneur Bancorp, Inc. Announces Fiscal 2026 Fourth Quarter and Fiscal Year Results
Globe Newswire•28/10/2026•16:15 ET
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Key Highlights
- ➤Gouverneur Bancorp (GOVB) reported Q4 net loss of $3.1 million, versus $238,000 income.
- ➤Fiscal 2026 net loss reached $2.3 million, versus $733,000 income.
- ➤Balance sheet restructuring generated approximately $4.0 million pretax losses.
- ➤Loan participation sale involved approximately $18.7 million in principal balances.
- ➤Net interest margin increased to 4.66% in Q4, from 4.12%.
GOUVERNEUR, N.Y., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Gouverneur Bancorp, Inc. (OTCQB: GOVB) (the “Company”), the holding company for Gouverneur Savings and Loan Association (the “Bank”), today announced the Company’s results for the fourth quarter and full fiscal year ended September 30, 2026.
The Company reported a net loss of $3.1 million, or $2.97 per basic and diluted share, for the quarter ended September 30, 2026, compared to net income of $238,000, or $0.24 per basic and diluted share, for the quarter ended September 30, 2025. The Company reported adjusted net income(()(1)) of $241,000, or $0.23 per basic and diluted share, for the quarter ended September 30, 2026.
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