Greene County Bancorp: An Inexpensive Unconverted Mutual
Time & Model • Yesterday, 1:50 PM
- ROEs 11%+; ROAs near 1%.
- A hypothetical second step conversion would put the P/B at about 0.92 with an earnings yield of 5.7%.
- GCBC is a good little bank -- the stock would be attractive if a conversion was sooner at hand.