Logo

PBHC

Pathfinder Bancorp, Inc.

PBHC

Pathfinder Bancorp, Inc. • NASDAQ
$14.00 ▼ -1.75% (-0.25)
Market Cap $85.96 M
52w High $18.53
52w Low $13.55
Dividend Yield 0.40%
P/E 11.67
Volume 1.94K
Outstanding Shares 6.14M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 ▼ $0 ▼ $0 ▼ 0% ▼ $0.095 ▲ $388K ▼
Q2-2025 $17.664M ▼ $8.061M ▼ $31K ▼ 0.175% ▼ $0.005 ▼ $551K ▼
Q1-2025 $20.638M ▼ $8.433M ▲ $2.974M ▼ 14.41% ▼ $0.48 ▼ $4.383M ▼
Q4-2024 $20.784M ▼ $4.896M ▼ $3.907M ▲ 18.798% ▲ $0.69 ▲ $5.955M ▲
Q3-2024 $22.634M $9.987M $-4.644M -20.518% $-0.75 $-5.315M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $0 ▼ $1.472B ▼ $1.346B ▼ $126.339M ▲
Q2-2025 $332.426M ▼ $1.505B ▲ $1.381B ▲ $124.413M ▼
Q1-2025 $335.519M ▲ $1.495B ▲ $1.37B ▲ $124.896M ▲
Q4-2024 $300.903M ▼ $1.475B ▼ $1.353B ▼ $121.483M ▲
Q3-2024 $307.301M $1.483B $1.362B $120.246M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $626K ▲ $7.048M ▲ $39.165M ▲ $-37.116M ▼ $9.097M ▲ $7.909M ▲
Q2-2025 $31K ▼ $-3.737M ▼ $-25.141M ▼ $8.885M ▼ $-19.993M ▼ $-3.961M ▼
Q1-2025 $2.974M ▼ $5.697M ▲ $-1.872M ▼ $16.071M ▲ $19.896M ▲ $5.06M ▲
Q4-2024 $3.907M ▲ $-2.655M ▼ $3.797M ▲ $-4.894M ▼ $-3.752M ▼ $-3.096M ▼
Q3-2024 $-4.644M $11.842M $-29.317M $20.98M $3.505M $5.061M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
A T M Fees Deposit Account
A T M Fees Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
A T M Fees Surcharge
A T M Fees Surcharge
 $0 ▲$0 ▲$0 ▲$0 ▲
Bank Servicing
Bank Servicing
 $0 ▲$0 ▲$0 ▲$0 ▲
Banking
Banking
 $0 ▲$0 ▲$0 ▲$0 ▲
Banking House Rents Collected
Banking House Rents Collected
 $0 ▲$0 ▲$0 ▲$0 ▲
Credit and Debit Card
Credit and Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Credit Card Merchant Discount
Credit Card Merchant Discount
 $0 ▲$0 ▲$0 ▲$0 ▲
Debit Card
Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Deposit Related Fees Deposit Account
Deposit Related Fees Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Fee Income
Fee Income
 $0 ▲$0 ▲$0 ▲$0 ▲
Insufficient Funds Fees Deposit Account
Insufficient Funds Fees Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Mortgage Banking
Mortgage Banking
 $0 ▲$0 ▲$0 ▲$0 ▲
Net Gains Losses On Sale Of Loans And Foreclosed Real Estate
Net Gains Losses On Sale Of Loans And Foreclosed Real Estate
 $0 ▲$0 ▲$0 ▲$0 ▲
Investment Services Revenue
Investment Services Revenue
 $0 ▲$0 ▲$0 ▲$0 ▲
Insurance Commissions
Insurance Commissions
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Pathfinder’s revenue has inched up over the last five years, but profits have been under growing pressure. Earlier years show solid, steady earnings for a community bank, but the most recent year saw profit fall sharply, with earnings per share dropping to a fraction of prior levels. That suggests margin compression and higher costs are weighing on results, even as the business base slowly expands. The core franchise is still generating income, but recent profitability looks much weaker than its own history, which is a key risk to watch.

Balance Sheet

Balance Sheet The balance sheet shows a gradual build in total assets and a slow, steady rise in shareholder equity, which is typical for a conservative community bank. Debt levels moved up in recent years and then eased slightly, indicating some reliance on borrowings but not an extreme shift. Cash on hand is modest, which is normal for a lending-focused bank that puts deposits to work in loans and securities. Overall, the balance sheet looks stable, but the higher use of debt compared with earlier years slightly narrows the cushion if conditions worsen.

Cash Flow

Cash Flow Pathfinder has consistently generated positive cash flow from its core operations, which is a healthy sign. Operating cash flow, however, has trended down from a particularly strong year earlier in the period, mirroring the pressure seen in profits. Free cash flow remains positive but relatively thin, with only modest spending on physical and technology investments. This points to a business that funds itself and invests carefully, but with less cash flow headroom than during its strongest year.

Competitive Edge

Competitive Edge Pathfinder operates as a classic community bank with deep roots in Central New York, relying on long-standing relationships, local decision-making, and a strong community presence. Its edge does not come from being the most advanced tech player, but from trust, personalized service, and tailored solutions for local households and small businesses. National and larger regional banks have scale and broader product sets, but they often lack the local touch Pathfinder emphasizes. The bank’s long history and community engagement create a meaningful moat in its core markets, though it remains vulnerable to economic swings in that specific region and to pricing competition from larger institutions.

Innovation and R&D

Innovation and R&D This is not a heavy research-and-development bank; instead, innovation is incremental and focused on keeping up with customer expectations. Pathfinder has rolled out a full online and mobile banking suite, mobile check deposit, and business services like electronic payments and remote deposit, along with enhanced security tools and fraud alerts. These are industry-standard rather than cutting-edge, but the bank pairs them with strong human support and financial education programs. Future innovation is likely to be evolutionary—improving digital experiences, adding specific features for local customers, and opening branches in under-served areas—rather than radical technology bets.

Summary

Pathfinder Bancorp is a long-established community bank that has grown steadily in size and maintained a generally sound balance sheet, but it is currently facing earnings pressure. Revenue has crept higher, yet recent profit has weakened considerably, narrowing its financial cushion. Cash generation remains positive but not abundant. Competitively, its strength lies in deep community ties, local lending decisions, and personalized service, supported by solid but not leading-edge digital tools. The story is one of a stable, relationship-driven bank navigating a tougher profitability environment while gradually modernizing its services rather than transforming its business model.