Gouverneur Bancorp, Inc. Announces Fiscal 2026 Third Quarter and Nine Months Results and Strategic Balance Sheet Optimization

GOUVERNEUR, N.Y., July 29, 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 third quarter and nine months of fiscal year 2026, ended June 30, 2026, and announced a strategic balance sheet optimization in an effort to improve future earnings, strengthen liquidity and enhance long-term shareholder value.

The Company reported net income of $239,000, or $0.23 per basic and diluted share, for the quarter ended June 30, 2026, compared to net income of $217,000, or $0.22 per basic and diluted share, for the quarter ended June 30, 2025. The Company also reported net income of $743,000, or $0.72 per basic and diluted share, for the nine months ended June 30, 2026, compared to net income of $495,000, or $0.48 per basic and diluted share, for the nine months ended June 30, 2025.