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 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 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.
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 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 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 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.
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 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 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 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 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 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 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.
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