GREENE COUNTY BANCORP, INC. (GCBC) Return on equity 2018–2019
GREENE COUNTY BANCORP, INC. (GCBC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
15.6%FY2019 · since FY2018: 15.0% → 15.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2019 | 15.6% | +0.6 pp |
| FY2018 | 15.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice