Greene County Bancorp Declares $0.10 Dividend, MHC to Receive Payment

Overview

• The board approved a quarterly cash dividend of $0.10 per share, maintaining the prior quarter’s rate and implying $0.40 on an annualized basis.
• Shareholders of record on February 13, 2026 will be paid on February 27, 2026.
• Greene County Bancorp, MHC owns 54.1% of outstanding shares and, for this quarter, does not intend to waive receipt of the dividend for cash flow purposes.
• The company reported on Jan. 21 that fiscal second‑quarter net income was $10.3 million, with six‑month earnings of $19.2 million and record assets of $3.1 billion and net loans of $1.7 billion.
• Management cited higher yields on repriced assets, lower deposit costs, improved net interest margin, and strong credit quality with a modest $199,000 provision and $3.3 million of nonperforming loans.