earnings
confidence high
sentiment positive
materiality 0.65
Pioneer Bancorp reports $9.6M net income for six months ended Dec 2024; EPS $0.38 vs $0.26
Pioneer Bancorp, Inc./MD
2024-FY EPS reported
$0.38
revenue$8,397,000
- Net income $9.6M ($0.38/sh) for six months ended Dec 31, 2024, up from $6.6M ($0.26/sh) a year ago.
- Net loans rose 6.7% to $1.43B; deposits up 2.3% to $1.59B vs June 30, 2024.
- Non-performing assets fell to 0.27% of total assets from 0.49% at June 30, 2024.
- Net interest margin expanded 28 bps to 3.99% for the six-month period.
- Repurchased 287,389 shares at avg $10.81 under May 2024 stock buyback program.