---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006379"
form_type: "8-K"
ticker: "PBFS"
cik: "0001769663"
company_name: "Pioneer Bancorp, Inc./MD"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:08:01.072297+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pioneer Bancorp Q3 fiscal 2024 net income $4.7M ($0.19/sh), down 22% YoY

## Summary
- Net income $4.7M ($0.19/sh) for Q3, down from $6.0M ($0.24/sh) YoY; nine-month net income $11.3M ($0.45/sh).
- Net loans grew 14.7% to $1.31B; non-performing assets improved to 0.44% of assets from 0.96% at June 30, 2023.
- Net interest margin 3.96%, down 18 bps YoY; net interest income $17.3M, down 1.1% from Q3 last year.
- Completed conversion to national bank on April 1, 2024; sold entire equity securities portfolio in March 2024.

## SEC filing metadata
- accession: 0001558370-24-006379
- form_type: 8-K
- ticker: PBFS
- cik: 0001769663
- company_name: Pioneer Bancorp, Inc./MD
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1769663/000155837024006379/0001558370-24-006379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1769663/000155837024006379/pbfs-20240501x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006379
- JSON: https://secwatch.observer/filing/0001558370-24-006379.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006379.txt

## Key facts
- Earnings Releases
  Pioneer Bancorp, Inc./MD reported three months ended March 31, 2024 results: net income $4.7 million, EPS $0.19 per share.
  - Period: three months ended March 31, 2024
  - Net income: $4.7 million
  - EPS: $0.19 per share
  - Result: reported results
  source text: Net income for the three and nine months ended March 31, 2024 was $4.7 million, or $0.19 per share and $11.3 million, or $0.45 per share, respectively, as compared to $6.0 million, or $0.24 per share and $17.4 million, or $0.69 per share for the three and nine months ended March 31, 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1769663/000155837024006379/0001558370-24-006379-index.htm
- Earnings Releases
  Pioneer Bancorp, Inc./MD reported nine months ended March 31, 2024 results: net income $11.3 million, EPS $0.45 per share.
  - Period: nine months ended March 31, 2024
  - Net income: $11.3 million
  - EPS: $0.45 per share
  - Result: reported results
  source text: Net income for the three and nine months ended March 31, 2024 was $4.7 million, or $0.19 per share and $11.3 million, or $0.45 per share, respectively, as compared to $6.0 million, or $0.24 per share and $17.4 million, or $0.69 per share for the three and nine months ended March 31, 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1769663/000155837024006379/0001558370-24-006379-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.