Gouverneur Bancorp, Inc/md/

Market Movers (8-K)

OQB
Gouverneur Bancorp, Inc. reported improved net income for the third quarter and nine months of fiscal 2026, alongside a strategic initiative to optimize its balance sheet by selling lower-yielding assets.
OQB
Gouverneur Bancorp, Inc. announced a significant increase in net income for the second quarter and first six months of fiscal year 2026, driven by higher net interest income and improved operational efficiencies.
Better than expected
OQB
Gouverneur Bancorp, Inc. stockholders elected three directors for three-year terms and ratified Bonadio & Co., LLP as the independent auditor for fiscal year 2026 at their annual meeting.
OQB
Gouverneur Bancorp, Inc. announced significantly improved first quarter fiscal year 2026 results, with net income rising to $287,000, or $0.28 per share, compared to $160,000, or $0.15 per share, in the prior year.
Better than expected
OQB
Gouverneur Bancorp, Inc. announced increased net income for both the fourth quarter and full fiscal year 2025, alongside new change in control agreements for key executives.
Better than expected
OQB
Gouverneur Bancorp, Inc. announced the appointment of Duane M. Pelkey to its Board of Directors, effective August 18, 2025.

Quarterly Earnings (10-Q)

OQB
Gouverneur Bancorp, Inc. reported a net income of $217,000 for the first quarter of 2026, a significant increase from $118,000 in the prior year period, driven by higher net interest income.
Delay expected
OQB
Gouverneur Bancorp, Inc. announced a significant increase in net income and earnings per share for the quarter ended December 31, 2025, driven by higher net interest income and a one-time life insurance death benefit.
Better than expected
OQB
Gouverneur Bancorp, Inc. reported increased net income and improved asset quality for the quarter and nine months ended June 30, 2025, alongside a new share repurchase program.
Better than expected
OQB
Gouverneur Bancorp, Inc. reports a slight increase in net income for the quarter ended March 31, 2025, despite facing headwinds from rising deposit interest expenses and market rate fluctuations.
OQB
Gouverneur Bancorp's net income rose slightly in the first quarter of fiscal year 2025, driven by reduced unrealized losses on swap agreements and a lower provision for credit losses, despite shifts in deposit composition and market rate impacts.
OQB
Gouverneur Bancorp's second quarter of 2024 saw a decrease in net income compared to the same period last year, influenced by rising interest expenses and unrealized losses on swap agreements.
Worse than expected

Annual Reports (10-K)

OQB
Gouverneur Bancorp, Inc. reported a significant increase in net income for the fiscal year ended September 30, 2025, driven by reduced swap losses and gains on securities sales.
Better than expected
OQB
Gouverneur Bancorp, Inc. reports a net income of $539,000 for fiscal year 2024, driven by strategic initiatives and effective risk management.
Worse than expected

Insider Trading (Form 4)

OQB
Duane Pelkey, a Director at Gouverneur Bancorp, Inc., reported the acquisition of 100 shares of common stock.
OQB
Duane Pelkey, a Director at Gouverneur Bancorp, Inc., acquired 750 shares of common stock and holds vested stock options.
OQB
David C. McClure, a Director at Gouverneur Bancorp, Inc., reported transactions involving the acquisition of 542 shares of common stock.
OQB
Gouverneur Bancorp Director Duane M. Pelkey was granted 2,708 stock options and holds 6,000 common shares indirectly.
OQB
Gouverneur Bancorp's President & CEO, Stephen Michael Jefferies, was granted 4,000 shares of common stock and 10,000 stock options.
OQB
Gouverneur Bancorp Director John Neil Mason exercised 542 stock options at $12.2 per share, increasing his direct common stock holdings.

Proxy Statements (Def-14A)

OQB
Gouverneur Bancorp, Inc. announced its 2026 Annual Meeting of Stockholders to be held on February 9, 2026, for the election of three directors and ratification of its independent accounting firm.
OQB
Leading proxy advisory firms ISS and Glass Lewis recommend Gouverneur Bancorp stockholders vote for the 2025 Equity Incentive Plan at the upcoming annual meeting.
OQB
Gouverneur Bancorp is holding its annual stockholder meeting on February 10, 2025, to elect directors, approve an equity incentive plan, and ratify the selection of its independent auditor.

Schedule 13G - Passive Investments

OQB
Minerva Advisors LLC and affiliated entities, along with David P. Cohen, have reported a combined beneficial ownership of 7.5% in Gouverneur Bancorp, Inc.
OQB
Oppenheimer-Spence Financial Services Partnership, LP and affiliated entities have disclosed a 5.81% beneficial ownership stake in Gouverneur Bancorp, Inc.
OQB
Propp A. M. has filed an amended Schedule 13G, disclosing a 6.32% beneficial ownership stake in Gouverneur Bancorp Inc., held for passive investment purposes.
OQB
Exploration Capital, LLC and Stephen L. Gustin have filed an amended Schedule 13G, disclosing beneficial ownership of 9.996% of Gouverneur Bancorp, Inc.'s Common Stock.