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Greene County Bancorp GCBC State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

Trustco Bank Corp logo
Trustco Bank CorpTRST
2%+0.4pp
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
0.3%-0.2pp

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 us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Greene County Bancorp’s 10-K, filed September 5, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Greene County Bancorp's state income taxes – net of federal income tax benefit?
Greene County Bancorp (GCBC) reported state income taxes – net of federal income tax benefit of 2.1% in Q2 2025.
What does state income taxes – net of federal income tax benefit mean?
This represents the percentage impact of state and local income taxes on the company's overall effective tax rate. It helps investors understand how regional tax variations contribute to the difference between the statutory federal rate and the company's actual tax rate.