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Greene County Bancorp GCBC Accumulated Amortization On Solar Tax Credit Investments

Accumulated Amortization On Solar Tax Credit Investments at other companies

Heritage Financial logo
Heritage FinancialHFWA
$0
Urban Outfitters logo
Urban OutfittersURBN
$3.73M-13.2%
Heritage Financial logo
Heritage FinancialHFWA
$0
Carter Bankshares, Inc. logo
Carter Bankshares, Inc.CARE
$56K-65.4%
ServisFirst Bancshares logo
ServisFirst BancsharesSFBS
$6.83M+135%
Heritage Financial logo
Heritage FinancialHFWA
$6.19M+24.1%

Other financials

Income statement

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Revenue$23.9M+19.0%
Net income$10.5M+30.6%
EPS (diluted)$0.62+31.9%

Balance sheet

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Cash & equivalents$139.5M-10.3%
Total debt$75.5M+71.7%
Total equity$267.6M+16.8%
Total assets$3.2B+5.8%

Cash flow

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Operating cash flow$10.7M+46.1%
CapEx$13.0K-75.0%
Free cash flow$10.7M+46.9%

Valuation

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Market cap$518.43M+38.7%
Enterprise value$454.43M+73.2%
P/E13.3×+0.2×
P/S5.9×+0.7×

Profitability

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Net margin44.3%+4.4pp
FCF margin41.3%+5.9pp

Returns & leverage

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Return on equity15.7%+2.4pp
Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Greene County Bancorp in its filing.

Tagged under the XBRL concept gcbc:AccumulatedAmortizationOnSolarTaxCreditInvestments.

The official record: Greene County Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Greene County Bancorp's accumulated amortization on solar tax credit investments?
Greene County Bancorp (GCBC) reported accumulated amortization on solar tax credit investments of $7.01M in Q1 2026.
How has Greene County Bancorp's accumulated amortization on solar tax credit investments changed year-over-year?
Greene County Bancorp's accumulated amortization on solar tax credit investments increased by 172.7% year-over-year, from $2.57M to $7.01M.
What does accumulated amortization on solar tax credit investments mean?
This reflects the cumulative amount of amortization recognized against the gross value of solar tax credit investments over their holding period. As the tax benefits are realized, the carrying value of the underlying investment is systematically reduced. This metric is essential for understanding the net book value of the company's renewable energy portfolio and the pace at which tax benefits are being consumed.