Pathfinder Bancorp restates Q4 and FY 2024 earnings due to interest expense omission

Pathfinder Bancorp, Inc.

Net income for Q4 2024 revised from $4.3M ($0.69/sh) to $3.9M ($0.63/sh).
Full-year 2024 net income revised from $3.8M ($0.60/sh) to $3.4M ($0.54/sh).
Omitting accrued interest on brokered CDs overstated net interest income by ~$443K.
Net interest margin for full-year 2024 revised from 3.01% to 2.98%.
Corrected figures will appear in the forthcoming 10-K for 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.