Greene County Bancorp, Inc. Reports Record High Net Income of $12.5 Million for the Quarter Ended September 30, 2026, an Increase of 41% when Compared to the Quarter Ended September 30, 2025

CATSKILL, N.Y., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for Bank of Greene (formerly the Bank of Greene County) and its subsidiary Greene County Commercial Bank, today reported net income for the three months ended September 30, 2026, which is the first quarter of the Company’s fiscal year ending June 30, 2027. Net income for the three months ended September 30, 2026 was $12.5 million, or $0.73 per basic and diluted share, as compared to $8.9 million, or $0.52 per basic and diluted share, for the three months ended September 30, 2025. Net income increased $3.6 million, or 40.9%, when comparing the three months ended September 30, 2026 and 2025.

Highlights: * Net Income: $12.5 million for the three months ended September 30, 2026, a new record high * Total Assets: $3.2 billion at September 30, 2026, a new record high * Net Loans: $1.8 billion at September 30, 2026, a new record high * Total Deposits: $2.8 billion at September 30, 2026, a new record high * Return on Average Assets: 1.61% for the three months ended September 30, 2026 * Return on Average Equity: 17.73% for the three months ended September 30, 2026 “This quarter marked an important milestone as we introduced the Bank of Greene name and delivered record quarterly earnings,” said Donald Gibson, President & CEO. “Our new name reflects the broader region we serve and the relationships we continue to build across the Hudson Valley and Capital Region. Our commitment remains rooted in responsive personal service and local decision making. We are proud of our employees and remain focused on growing responsibly, supporting our customers, and delivering long-term shareholder value.”