Greene County Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $2,871.51 Mil.
Warning Sign:
If a company builds assets at 18.8% a year, faster than its revenue growth rate of 12.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Greene County Bancorp's average Total Assets Growth Rate was 1.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.90% per year.
During the past 13 years, Greene County Bancorp's highest 3-Year average Total Assets Growth Rate was 23.30%. The lowest was 3.20%. And the median was 13.00%.
Greene County Bancorp Total Assets Historical Data
The historical data trend for Greene County Bancorp's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Greene County Bancorp's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Greene County Bancorp (NAS:GCBC) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Greene County Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Greene County Bancorp Total Assets Related Terms
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Greene County Bancorp (Greene County Bancorp) Business Description
Greene County Bancorp Inc is a holding firm. Its primary business involves overseeing and directing the business of The Bank of Greene County and monitoring its cash position. Through its directly and indirectly owned subsidiaries, the company engages in attracting retail deposits, along with funds generated from operations and borrowings, primarily in one to four-family residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans, and commercial business loans. It also serves local municipalities' banking needs and operates a real estate investment trust.
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