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GOUVERNEUR BANCORP INC MD - GOVB STOCK NEWS

Welcome to our dedicated news page for GOUVERNEUR BANCORP MD (Ticker: GOVB), a resource for investors and traders seeking the latest updates and insights on GOUVERNEUR BANCORP MD.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GOUVERNEUR BANCORP MD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GOUVERNEUR BANCORP MD's position in the market.

News
Gouverneur Bancorp, Inc. Announces Appointment of New President and Chief Executive Officer
Rhea-AI Summary
Gouverneur Bancorp, Inc. appoints Robert W. Barlow as President and CEO. Barlow brings extensive experience in banking to lead the Company and the Bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
management
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News
Gouverneur Bancorp, Inc. Announces Closing of Second-Step Conversion and Offering
Rhea-AI Summary
Gouverneur Bancorp, Inc. has completed the conversion of Cambray Mutual Holding Company from mutual to stock form. The company sold a total of 723,068 shares of its common stock at $10.00 per share, including shares sold to the Bank's employee stock ownership plan. Trading of Gouverneur Bancorp, Inc.'s common stock is expected to begin on the OTCQB Marketplace on November 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
52.81%
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none
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News
Gouverneur Bancorp, Inc. Announces Expected Closing Date of Second-Step Conversion
Rhea-AI Summary
Gouverneur Bancorp, Inc. has received regulatory approvals to close the conversion of Cambray Mutual Holding Company from mutual to stock form and the related stock offering. The closing is expected to occur on October 31, 2023, with Gouverneur Bancorp, Inc.'s common stock trading on the OTCQB Marketplace under the symbol 'GOVB' starting November 1, 2023. A total of 723,068 shares of common stock will be sold at a price of $10.00 per share. Each outstanding share of Gouverneur Bancorp common stock owned by public stockholders will be converted into shares of Gouverneur Bancorp, Inc. common stock, with public stockholders receiving 0.5334 shares of Gouverneur Bancorp, Inc. common stock for each share of Gouverneur Bancorp common stock they own. Cash will be issued for fractional shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Gouverneur Bancorp, Inc. Announces Completion of Syndicated Community Offering
Rhea-AI Summary
Gouverneur Bancorp completes syndicated community offering
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Gouverneur Bancorp, Inc. Commences Syndicated Community Offering
Rhea-AI Summary
Gouverneur Bancorp, Inc. has commenced a syndicated community offering to sell the shares of common stock not sold in its subscription and community offerings. As of the date of the announcement, the company has received valid stock orders for approximately 70% of the shares offered for sale at the minimum of the offering range.
Rhea-AI Impact
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End-of-Day
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News
Gouverneur Bancorp, Inc. Announces Stockholder and Member Approval of Conversion and Further Extension of Conversion Offering
Rhea-AI Summary
Gouverneur Bancorp and Cambray Mutual Holding Company have approved the Plan of Conversion and Reorganization. Gouverneur Bancorp has extended the expiration time of the community offering. As of now, valid stock orders have been received for approximately 70% of the shares offered. At least 722,500 shares must be sold to complete the conversion and stock offering.
Rhea-AI Impact
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End-of-Day
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News
Gouverneur Bancorp, Inc. Announces Extension of Community Offering
Rhea-AI Summary
Gouverneur Bancorp extends expiration time of community offering for conversion to stock holding company form of organization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.78%
Tags
none
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News
Gouverneur Bancorp, Inc. Announces Commencement of Second-Step Conversion Stock Offering
Rhea-AI Summary
Gouverneur Bancorp, Inc. is commencing its offering of common stock in connection with the proposed conversion of Cambray Mutual Holding Company to a stock holding company. They are offering up to 977,500 shares at $10.00 per share. Completion of the offering is subject to regulatory approvals and stockholder/members approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
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none
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News
Gouverneur Bancorp Announces Fiscal 2023 Third Quarter and Nine Months Results
Rhea-AI Summary
Gouverneur Bancorp, Inc. announces Q3 fiscal year 2023 results, including a rise in professional fees and other merger-related expenses. The acquisition of Citizens Bank of Cape Vincent added $37.3 million in acquired loans and $76.1 million in deposits. The Board of Directors adopted a plan of Conversion and Reorganization. Total assets decreased by $9.9 million. Deposits decreased by $23.3 million. Shareholders' equity increased by 5.74%. The Company paid a semi-annual cash dividend of $0.10 per share. The market value of interest rate swap agreements resulted in an unrealized loss of $783,000. Adjusted net income was $200,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.2%
Tags
earnings
News
Gouverneur Bancorp, Inc. Announces Adoption of Plan of Conversion and Reorganization
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.03%
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none
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GOUVERNEUR BANCORP INC MD

OTC:GOVB

GOVB Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

GOVB Stock Data

11.35M
881.72k
14.98%
17.69%
0.15%
Banks - Regional
Financial Services
Link
United States of America
Gouverneur