Pioneer Bancorp (NASDAQ:PBFS) Full Year 2024 Results

Key Financial Results

• Revenue: US$74.2m (down 6.9% from FY 2023).

• Net income: US$15.3m (down 31% from FY 2023).

• Profit margin: 21% (down from 28% in FY 2023).

• EPS: US$0.61 (down from US$0.87 in FY 2023).

PBFS Banking Performance Indicators

• Net interest margin (NIM): 3.78% (up from 3.72% in FY 2023).

• Cost-to-income ratio: 73.3% (up from 65.1% in FY 2023).

• Non-performing loans: 0.66% (down from 1.52% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Pioneer Bancorp shares are down 1.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Pioneer Bancorp has 1 warning sign we think you should be aware of.

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