earnings
confidence high
sentiment positive
materiality 0.78
Pioneer Bancorp posts record quarterly net income of $6.3M, EPS $0.25 vs $0.14 YoY
Pioneer Bancorp, Inc./MD
2025-Q3 EPS reported
$0.59
revenue$11,116,000
- Net income $6.3M ($0.25 per share), up from $3.4M ($0.14) in Sep '23 quarter; record quarterly net income.
- Net loans $1.40B (+4.1% vs Jun '24); deposits $1.68B (+8.1%).
- Net interest margin 4.12%, up 36 bps YoY; credit provision was a $870K credit (improvement).
- Non-performing assets fell to $5.4M (0.27% of assets) from $9.2M (0.49%) in Jun '24.
- Closed Pioneer Commercial Bank merger Oct 1, 2024; repurchased 114,389 shares at avg $10.46 in Q.