Welcome to our dedicated page for Gouverneur Bancorp news (Ticker: GOVB), a resource for investors and traders seeking the latest updates and insights on Gouverneur Bancorp stock.
The Gouverneur Bancorp, Inc. (GOVB) news page on Stock Titan aggregates official announcements, earnings releases and regulatory disclosures from the Company, the Maryland holding company for Gouverneur Savings and Loan Association. These updates are drawn from Globe Newswire press releases and SEC filings, giving investors and observers a centralized view of the Company’s public communications.
News items frequently include detailed quarterly and annual financial results, where the Company discusses net income, net interest income, provisions for credit losses, non-interest income and non-interest expense. These releases explain how interest income on loans and securities and interest expense on deposits and Federal Home Loan Bank advances affect net interest spread and net interest margin. They also describe changes in total assets, loans receivable, securities available-for-sale, deposits, FHLB advances and shareholders’ equity over time.
In addition to earnings, the GOVB news feed covers capital management actions such as stock repurchase programs and semi-annual cash dividends. Press releases describe the authorization of repurchase programs, the number of shares covered, the methods of repurchase and the scheduled termination dates. Dividend announcements specify the dividend per share, record dates and expected payment dates, and in some cases note increases in the semi-annual dividend.
Corporate governance and leadership developments are also reflected in the news flow. For example, the Company has announced the appointment of a new President and Chief Executive Officer and related board service, as well as the planned retirement of an interim executive. These items provide context on management succession and board oversight.
By following the GOVB news page, readers can review a chronological record of the Company’s own descriptions of its performance, balance sheet trends, interest rate risk management, public company operating costs and shareholder-focused actions such as dividends and repurchases.
Gouverneur Bancorp (OTCQB: GOVB) reported fiscal 2026 Q1 results for the quarter ended December 31, 2025, with net income of $287,000 ($0.28 per share) versus $160,000 ($0.15) a year earlier.
Total assets were $201.9 million, deposits $158.5 million, net loans $133.1 million and shareholders' equity $32.6 million. Non-interest income rose on a $103,000 bank-owned life insurance death benefit.
Gouverneur Bancorp (OTCQB: GOVB) reported fiscal 2025 fourth-quarter net income of $238,000 ($0.24 per share) versus $136,000 ($0.13) a year earlier, and fiscal 2025 net income of $733,000 ($0.72 per share) versus $539,000 ($0.51) in fiscal 2024. Total assets were $198.5M, up $1.2M year-over-year. Net loans rose to $131.5M and securities available-for-sale declined to $40.9M. Deposits were $154.8M. Net interest margin improved modestly to 4.08% for the year. Non-interest income increased to $1.055M, and the Company recorded a $59,000 provision for credit loss for the year. Shareholders’ equity was $32.1M and book value per share was $30.55.
Gouverneur Bancorp (OTCQB: GOVB) announced a semi-annual cash dividend of $0.09 per common share, up from $0.08 paid in May 2025. The dividend will be paid on or about November 17, 2025 to shareholders of record at the close of business on November 3, 2025. This is the third consecutive semi-annual cash dividend since the bank completed its conversion to a stock holding company.
At June 30, 2025, the company reported $196.7 million in total assets, $159.4 million in total deposits, and $31.4 million in total stockholders' equity.
Gouverneur Bancorp (OTCQB: GOVB) has appointed Stephen M. Jefferies as its new President and Chief Executive Officer, effective September 2, 2025. Jefferies brings nearly 40 years of banking industry experience, most recently serving as President and CEO of Community Bank & Trust in Georgia.
The appointment coincides with the retirement of Charles C. Van Vleet, Jr. as Interim President and CEO. Van Vleet will remain with the company through December 31, 2025, to ensure a smooth transition. As of June 30, 2025, Gouverneur Bancorp reported total assets of $196.7 million, deposits of $159.4 million, and stockholders' equity of $31.4 million.
Gouverneur Bancorp (OTCQB: GOVB) has announced a new stock repurchase program authorizing the buyback of up to 52,778 shares, representing 5% of its outstanding common stock. The program will run through July 24, 2026 unless completed earlier.
This follows the company's first repurchase program from December 2024, under which 51,569 shares were bought back at $12.29 per share, totaling $634,000. The previous program has 3,787 shares remaining for repurchase.
As of June 30, 2025, Gouverneur Bancorp reported total assets of $196.7 million, deposits of $159.4 million, and stockholders' equity of $31.4 million.
Gouverneur Bancorp (OTCQB: GOVB) reported its fiscal 2025 third quarter and nine-month results. The company's Q3 net income increased to $217,000 ($0.22 per share), up from $183,000 ($0.17 per share) in Q3 2024. For the nine months ended June 30, 2025, net income rose to $495,000 ($0.48 per share), compared to $403,000 ($0.38 per share) in the same period of 2024.
Total assets slightly decreased by 0.27% to $196.7 million. Net loans increased by 1.35%, while deposits decreased by 0.31% to $159.4 million. The net interest margin improved to 4.15% in Q3 2025 from 4.03% in Q3 2024. Shareholders' equity decreased by 4.18% to $31.4 million, primarily due to a $1.1 million decrease in securities portfolio market value and stock repurchases.
Gouverneur Bancorp (OTCQB: GOVB) has reported its fiscal 2025 second quarter and six-month results. The company achieved net income of $118,000 ($0.11 per share) for Q2 2025, up from $102,000 ($0.10 per share) in Q2 2024. For the six months ended March 31, 2025, net income reached $278,000 ($0.27 per share), compared to $220,000 ($0.21 per share) in the same period of 2024.
Key financial metrics as of March 31, 2025:
- Total assets: $197.4 million (slight increase from $197.3 million)
- Net loans: Increased by $1.1 million (0.91%)
- Deposits: Rose to $161.8 million (up 1.20%)
- Shareholders' equity: $31.4 million (decreased 4.30%)
The net interest margin remained stable at 4.06% for Q2 2025. The company declared dividends of $0.08 per share totaling $89,000 during the six months. Book value per share was $29.63 based on 1,058,399 shares outstanding at March 31, 2025.
Gouverneur Bancorp (OTCQB: GOVB) has declared a semi-annual cash dividend of $0.08 per common share, payable on May 19, 2025, to shareholders of record as of May 5, 2025. This represents the second consecutive semi-annual dividend since the Bank's conversion from mutual holding company to stock holding company structure.
The company, through its subsidiary Gouverneur Savings and Loan Association, provides deposit and loan services for businesses, families, and individuals. As of December 31, 2024, the company reported:
- Total assets: $196.8 million
- Total deposits: $159.7 million
- Total stockholders' equity: $31.7 million
Gouverneur Bancorp (OTCQB: GOVB) reported net income of $160,000 ($0.15 per share) for Q1 FY2025 ended December 31, 2024, up from $118,000 ($0.11 per share) in Q1 FY2024. Total assets decreased by $0.5 million to $196.8 million, while net loans increased by $0.7 million. Securities available for sale decreased by $1.8 million to $43.5 million.
Interest income rose by $38,000 to $2.2 million, while interest expense increased by $77,000 to $401,000. The net interest spread decreased slightly to 3.78% from 3.84%. Deposits decreased marginally to $159.7 million, and shareholders' equity declined by 3.12% to $31.7 million, primarily due to a $1.1 million decrease in the securities portfolio market value.
Gouverneur Bancorp (GOVB) has announced a stock repurchase program authorizing the buyback of up to 55,356 shares, representing 5% of its outstanding common stock. The program will be executed through open market purchases and private negotiations, running until December 10, 2025 or until completion. The company, which operates through Gouverneur Savings and Loan Association, reported total assets of $195.1 million, deposits of $153.4 million, and stockholders' equity of $31.7 million as of June 30, 2024.