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PBFS

Pioneer Bancorp, Inc.

PBFS

Pioneer Bancorp, Inc. • NASDAQ
$13.30 ▼ -0.67% (-0.09)
Market Cap $333.57 M
52w High $13.65
52w Low $10.60
Dividend Yield 0%
P/E 18.47
Volume 5.96K
Outstanding Shares 25.08M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $32.102M ▲ $17.624M ▲ $4.33M ▼ 13.488% ▼ $0.18 ▼ $6.204M ▼
Q4-2025 $31.812M ▲ $14.727M ▲ $6.451M ▲ 20.279% ▲ $0.26 ▲ $8.137M ▲
Q3-2025 $29.573M ▲ $14.591M ▲ $5.763M ▲ 19.487% ▲ $0.23 ▲ $8M ▲
Q2-2025 $29.144M ▲ $0 ▼ $3.292M ▼ 11.296% ▼ $0.13 ▼ $4.215M ▼
Q1-2025 $28.497M $14.689M $6.308M 22.136% $0.25 $8.825M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $483.06M ▲ $2.243B ▲ $1.929B ▲ $314.198M ▼
Q4-2025 $407.606M ▲ $2.096B ▲ $1.782B ▲ $314.249M ▲
Q3-2025 $270.529M ▼ $2.069B ▲ $1.758B ▲ $310.701M ▲
Q1-2025 $485.096M ▲ $2.015B ▲ $1.711B ▲ $303.801M ▲
Q4-2024 $408.961M $1.895B $1.599B $296.528M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $4.33M ▼ $3.905M ▼ $-37.113M ▲ $139.691M ▲ $106.483M ▲ $3.678M ▼
Q4-2025 $6.451M ▲ $5.063M ▲ $-43.609M ▲ $20.988M ▼ $-17.558M ▼ $4.555M ▲
Q3-2025 $5.763M ▲ $-3.526M ▼ $-45.652M ▲ $92.283M ▲ $43.105M ▲ $-4.891M ▼
Q2-2025 $3.292M ▼ $17.765M ▲ $-99.406M ▼ $-46.812M ▼ $0 ▼ $17.132M ▲
Q1-2025 $6.308M $1.911M $-59.317M $117.19M $59.784M $1.791M

Revenue by Products

Product Q1-2025Q3-2025Q4-2025Q1-2026
Credit and Debit Card
Credit and Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Insurance services
Insurance services
 $0 ▲$0 ▲$0 ▲$0 ▲
Service Other
Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Wealth management services
Wealth management services
 $0 ▲$0 ▲$0 ▲$0 ▲
Card services income
Card services income
 $0 ▲$0 ▲$0 ▲$0 ▲
Other
Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Service charges on deposit accounts
Service charges on deposit accounts
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Pioneer Bancorp’s earnings profile has steadily improved over the past few years, moving from almost break-even results to consistently profitable operations. Revenue climbed from earlier levels, then leveled off more recently, suggesting the easy growth phase may be past and the bank is now fine‑tuning profitability rather than chasing rapid expansion. Margins have generally improved, with operating and net income both meaningfully higher than several years ago. That said, earnings per share have been a bit choppy, with a strong jump, a pullback, and then a partial recovery, which points to some volatility in performance even within an overall positive trend.

Balance Sheet

Balance Sheet The balance sheet looks conservative and solid for a regional bank. Total assets have grown over time, indicating gradual franchise expansion. Equity has increased steadily, which shows retained earnings and a stronger capital base. Debt remains very low, so the bank is not relying heavily on borrowing to fund its growth, a positive sign for financial resilience. Cash levels have come down from an earlier peak but remain reasonable in the context of its asset base, suggesting management has been putting liquidity to work while still maintaining a buffer.

Cash Flow

Cash Flow Cash generation appears consistently positive, with the bank producing cash from its core operations year after year. Free cash flow closely tracks operating cash flow, as capital spending needs are modest, which is typical for a service‑oriented financial institution. The pattern suggests a business that can fund its own growth and strategic initiatives without stretching its resources. However, the level of cash flow is not explosive; it reflects a steady, incremental builder rather than a high‑growth story, and results can still be influenced by wider credit and rate conditions.

Competitive Edge

Competitive Edge Pioneer sits in the community and regional banking space, anchored in New York’s Capital Region, where it has long‑standing local relationships and recognizable branding. Its main competitive edge is relational rather than technological: deep community ties, personalized service, and a “more than a bank” positioning that wraps traditional banking together with insurance, wealth management, and employee benefits. This integrated model can make customers more loyal and less price‑sensitive. On the other hand, its footprint is geographically concentrated, and it must compete with larger banks and digital‑first players that may offer broader product sets or slicker technology, especially as customer expectations for digital experiences rise.

Innovation and R&D

Innovation and R&D Innovation at Pioneer is more about business model and service expansion than pure technology research. The bank has invested in a full digital banking suite—online and mobile tools, cash management for businesses, and digital wallet integration—so it meets modern table‑stakes, even if it is not a cutting‑edge fintech. Its more distinctive moves are in building a diversified fee‑based platform: expanding wealth management via acquisitions, offering insurance and benefits, and even launching an HR consulting arm. This creates multiple income streams and deeper client relationships, but success depends on continual improvements to digital usability and the bank’s ability to integrate these services smoothly and profitably.

Summary

Pioneer Bancorp looks like a steadily maturing community bank that has shifted from basic banking toward a broader financial services platform. Financially, profitability and capital strength have improved over time, supported by a conservative balance sheet and consistently positive cash generation, though earnings still show some year‑to‑year swings. Strategically, the bank leans on its local roots and “one‑stop” offering of banking, insurance, wealth, and advisory services to differentiate itself in a crowded regional market. The main opportunities lie in deepening fee‑based relationships and upgrading its digital experience; the main risks are geographic concentration, competition from larger and more digital players, and the need to execute its diversification strategy without diluting focus or returns.