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.
Gouverneur Bancorp Inc (GOVB) provides community-focused banking services through deposit accounts, lending solutions, and financial advisory. This page serves as the central hub for all official news and press releases from the company, offering investors and stakeholders timely updates on its operations and market position.
Access comprehensive coverage of GOVB's financial developments, including quarterly earnings reports, strategic initiatives, and regulatory updates. Our curated collection ensures you stay informed about key events such as leadership changes, product launches, and community impact projects that shape the company's trajectory in the banking sector.
Key updates include detailed analyses of interest income trends, loan portfolio performance, and risk management practices. Whether you're tracking dividend announcements or expansion plans, this resource consolidates essential information to support informed decision-making.
Bookmark this page for direct access to primary source materials and objective reporting on Gouverneur Bancorp's activities. Check back regularly to maintain up-to-date knowledge of this community banking institution's evolving role in the financial services landscape.
Gouverneur Bancorp, Inc. (OTC Pink: GOVB) announced a leadership change with the resignation of Faye C. Waterman as President and CEO, effective April 14, 2023. The Board thanked Mr. Waterman for his service and appointed Charles C. Van Vleet, Jr., the current director and former CEO, to temporarily lead the organization during the search for a permanent successor. At year-end December 31, 2022, Gouverneur Bancorp reported total assets of $205.20 million, total deposits of $170.56 million, and total stockholders’ equity of $26.13 million. This transition in leadership may influence strategic direction and investor confidence as the company navigates this period of change.
Gouverneur Bancorp (OTC Pink: GOVB) announced a $0.10 semi-annual dividend, marking its 47th consecutive payout. Shareholders of record on March 15th, 2023, will receive this payment on March 31st, 2023. Following the acquisition of Citizens Bank of Cape Vincent in September 2022, the dividend increase reflects the company's strength and confidence in future growth.
Gouverneur Bancorp, Inc. (OTC Pink: GOVB) reported its first-quarter fiscal 2023 results, ending December 31, 2022. The acquisition of Citizens Bank of Cape Vincent contributed additional assets, including $37.30 million in loans and $76.14 million in deposits. First-quarter net income was $47,000 ($0.02 per share), down from $211,000 ($0.10 per share) the prior year. Interest income rose significantly by 86.83% to $2.01 million, while non-interest expenses increased due to merger-related costs. Adjusted net income soared 7,720% to $391,000, showing strength post-acquisition despite a decrease in the unrealized gains on swaps.
FAQ
What is the current stock price of Gouverneur Bancorp (GOVB)?
What is the market cap of Gouverneur Bancorp (GOVB)?
