Pioneer Bancorp Q1 fiscal 2023 net income $5.2M ($0.21 EPS); total assets top $2B

Pioneer Bancorp, Inc./MD

2023-Q1 EPS reported $0.21 revenue$3,279,000

Net income of $5.2M ($0.21 per share) vs $1.4M ($0.05) in year-ago quarter.
Net interest margin expanded 81 bps to 3.23%; net interest income up 43.4% to $14.7M.
Total assets exceeded $2B for first time; net loans grew 3.8% to $1.02B.
Provision for loan losses decreased to $120K from $250K; nonperforming assets down to 0.58% of assets.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Pioneer Bancorp, Inc./MD reported the quarter ended September 30, 2022 results: net income $5.2 million, EPS $0.21 per basic and diluted share.

Period: the quarter ended September 30, 2022
Net income: $5.2 million
EPS: $0.21 per basic and diluted share
Result: reported results

Exact text from the filing

Net income for the three months ended September 30, 2022 was $5.2 million, or $0.21 per basic and diluted share

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Source: SEC EDGAR

accession 0001558370-22-017035

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