Highest-materiality recent filing
Pioneer Bancorp files financials for Targeted Lending acquisition; net income $2.56M in 2025
Targeted Lending 2025 net income $2.56M (2024: $1.63M); revenue $15.1M (2024: $11.6M).
Pioneer Bancorp Q2 net income falls to $3.5M from $6.5M; completes multiple acquisitions
Net income $3.5M ($0.14 EPS) vs $6.5M ($0.26 EPS) for Q2 2025.
Pioneer Bancorp acquires The College Advisor of New York, launches College Advising Division
Acquired The College Advisor of New York, a college admissions consulting firm.
Pioneer Bancorp appoints Michael T. Keegan, former M&T Bank executive, to board
Michael T. Keegan appointed to Board of Directors effective July 21, 2026.
Pioneer Bancorp reports annual meeting vote results; all proposals pass
Directors elected: Hengsterman (20.65M for), Reed (19.99M for), Reinfurt (20.13M for).
Pioneer Bancorp Q1 net income $5.3M, EPS $0.22; completes $140M acquisition of Targeted Lending
Net income $5.3M ($0.22 per share) vs $5.8M ($0.23) in prior year; net interest income up 8.7% to $20.8M.
Pioneer acquires Targeted Lending for ~$140M enterprise value; launches Specialty Financing division
All-cash acquisition of 100% membership interests; base purchase price ~$54M plus ~$88M debt repayment.
Pioneer Bancorp acquires two employee benefits firms, doubles division, names VP
Acquired Reiser Consulting Group (Albany, NY) and Wyndham Benefits (Ballston Spa, NY) effective April 20, 2026.
Pioneer Bancorp reports 2025 net income $20.3M ($0.83 EPS), up 33% YoY
Net income for calendar year 2025 was $20.3M ($0.83 EPS), compared to $15.3M ($0.61 EPS) for fiscal year ended June 30, 2024.
Plan covers CEO and other executives designated by Compensation Committee; uses annual balanced scorecard with financial, operational, non-financial metrics.
Pioneer Bancorp authorizes second stock repurchase program for up to 5% of outstanding shares
Up to 1,254,027 shares (5% of outstanding) authorized; no expiration date.
Pioneer Bancorp launches FINRA-registered broker-dealer subsidiary Pioneer Capital Markets
Wholly owned subsidiary will focus on proprietary trading of investment-grade municipal bonds.
Pioneer Bancorp Q3 net income drops 32% to $4.3M; NPAs rise to $12M from $5.2M
Net income $4.3M ($0.18 EPS) for Q3 2025, down from $6.3M ($0.25) in Q3 2024.
Pioneer Bancorp launches HR Consulting division; hires industry leader Miriam Dushane
New division offers on-site HR services, project-based HR work, and leave management for small/mid-sized companies.
Pioneer Bancorp Q2 net income rises to $6.5M ($0.26 EPS) from $3.9M year ago
Net income $6.5M, up 67% YoY; diluted EPS $0.26 vs $0.16.
Pioneer Bancorp shareholders approve director, auditor, say-on-pay at annual meeting
Eileen C. Bagnoli elected director with 20.8M votes for, 1.6M withheld.
Pioneer Bancorp Q1 net income $5.8M ($0.23/sh), up 23% YoY; NIM expands to 4.12%
Net income $5.8M ($0.23/sh) vs $4.7M ($0.19/sh) prior year; net interest income +10.1% to $19.1M.
Pioneer Bancorp reports $9.6M net income for six months ended Dec 2024; EPS $0.38 vs $0.26
Net income $9.6M ($0.38/sh) for six months ended Dec 31, 2024, up from $6.6M ($0.26/sh) a year ago.
Directors elected: Thomas L. Amell (22,588,806 for), Shaun Mahoney (20,996,839 for), Charles Seifert (22,754,747 for).
Pioneer Bancorp posts record quarterly net income of $6.3M, EPS $0.25 vs $0.14 YoY
Net income $6.3M ($0.25 per share), up from $3.4M ($0.14) in Sep '23 quarter; record quarterly net income.
Pioneer Bancorp changes fiscal year-end from June 30 to December 31
Board approved amendment to Bylaws switching fiscal year from June 30 to December 31.
Pioneer Bancorp FY2024 net income $15.3M ($0.61/share) down 30% from $21.9M prior year
FY2024 net income $15.3M vs $21.9M; diluted EPS $0.61 vs $0.87. Q4 net income $3.9M ($0.16).
Pioneer Bancorp appoints Siena College president Charles Seifert to board
Charles Seifert, Ph.D., president of Siena College, appointed to Pioneer's Board of Directors on July 16, 2024.
Pioneer Bancorp adopts stock repurchase program for up to 5% of shares; grants equity awards
Repurchase program authorizes up to 1,298,883 shares (~5% of outstanding), with no expiration date.
Pioneer Bancorp Q3 fiscal 2024 net income $4.7M ($0.19/sh), down 22% YoY
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).
Pioneer Bank converts to national bank under OCC supervision
Completed conversion to a national bank on April 1, 2024 after OCC approval.
Pioneer Bancorp imposes blackout period for insiders due to 401(k) plan transition
Blackout for plan participants begins March 6, 2024 and ends week of April 5, 2024.
Pioneer Bancorp Q2 net income falls 48% to $3.2M; net interest margin narrows, loan growth 10.5%
Net income $3.2M ($0.13 EPS) vs $6.2M ($0.25) a year ago; six-month net income $6.6M vs $11.4M.
Pioneer Bancorp sells $74.5M low-yield securities, expects $3.4M annual income boost
Sold $74.5M of securities (avg yield 0.83%, 2.2 yr life); recognized $5.6M pre-tax loss.
Pioneer Bank files OCC application to convert from NY savings bank to national bank
Pioneer Bank, wholly owned subsidiary of Pioneer Bancorp, filed application with OCC on Dec 29, 2023.
Director Donald E. Fane resigns; stockholders re-elect three directors and ratify auditor
Donald E. Fane resigned from board on Nov 21, 2023; no disagreements cited.
Pioneer Bancorp settles malpractice suit; to receive $5.95M from TBC Parties
Settlement resolves claims of professional malpractice by Teal, Becker & Chiaramonte, CPAs, and individuals.
Pioneer Bancorp Q1 fiscal 2024 net income $3.4M ($0.14 EPS) down from $5.2M ($0.21) YoY
Net interest income rose 8.3% to $15.9M; net interest margin expanded 53 bps to 3.76%.
Pioneer Bancorp reports FY2023 net income $21.9M, up 113% YoY; EPS $0.87
Net income $21.9M for FY2023 vs $10.3M prior year; diluted EPS $0.87 vs $0.41.
Pioneer acquires Hudson Financial; wealth management AUM surpasses $1B
Pioneer acquired Hudson Financial LLC, an independent advisory firm in Hudson, NY.
Pioneer Bancorp Q3 net income surges to $6.0M; net interest margin up 186bps to 4.14%
Net income $6.0M (EPS $0.24) vs $302K (EPS $0.01) in prior-year Q3; nine-month net income $17.4M.
Net income $6.2M ($0.25/shr) flat YoY; six-month net income $11.4M ($0.45/shr) up from $7.6M.
Pioneer Bancorp stockholders re-elect directors Bagnoli and Taylor, ratify Bonadio & Co.
Eileen C. Bagnoli re-elected with 19.4M for, 3.3M withheld, 1.3M broker non-votes.
Pioneer Bancorp Q1 fiscal 2023 net income $5.2M ($0.21 EPS); total assets top $2B
Net income of $5.2M ($0.21 per share) vs $1.4M ($0.05) in year-ago quarter.
Pioneer Bancorp EVP/CAO Frank Sarratori to resign effective June 24, 2022
Lump-sum payments: $350,000 at least 8 days after release, $100,000 12 months post-separation.
Pioneer Bancorp stockholders elect three directors and ratify auditor at annual meeting
Directors elected: Thomas L. Amell (22,102,411 for), Donald E. Fane (21,214,539 for), Shaun Mahoney (20,111,798 for).
On July 16, 2024, the Board of Directors of Pioneer Bancorp, Inc. (“Pioneer”) appointed Charles Seifer, PH.D. to its Board of Directors.
On November 21, 2023, Donald E. Fane resigned from the Board of Directors of Pioneer Bancorp, Inc. (the “Company”).
Frank Sarratori, Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary of the Company and the Bank, entered into a Separation Agreement and General Release (the “Agreement”), pursuant to which Mr. Sarratori will resign from employment effective as of June 24, 2022
Max materiality 0.78 · Median 0.60 · Most common event earnings