Pioneer Bancorp (PBFS) AI Stock Analysis

• Market Cap: $294.98M
• Dividend Yield: N/A
• Average Volume (3M): 18.84K
• Price to Earnings (P/E): 16.3
• Beta (1Y): 0.39
• Revenue Growth: 16.29%
• EPS Growth: -12.22%
• Country: US
• Employees: 268
• Sector: Financial
• Sector Strength: 73
• Industry: Banks - Regional
• EPS (TTM): 0.23
• Shares Outstanding: 25,853,090
• 10 Day Avg. Volume: 36,189
• 30 Day Avg. Volume: 18,835
• PEG Ratio: 2.69
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.23
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.72
• Enterprise Value/Gross Profit: 4.11
• Enterprise Value/Ebitda: 2.87
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: $12.50 ▲(9.55%Upside)

Pioneer Bancorp's strong financial performance, characterized by robust revenue growth and a debt-free balance sheet, is the most significant factor driving the stock score. The technical analysis suggests a neutral momentum, while the valuation indicates fair pricing within its sector. These elements combine to form a solid investment profile with a balanced risk-reward ratio.

Pioneer Bancorp Business Overview & Revenue Model

Company Description

Pioneer Bancorp, Inc. operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, one- to four-family residential real estate, home equity, and consumer loans; and home equity lines of credit. The company also invests in the U.S. governmental securities, fixed rate collateralized mortgage obligations, mortgage-backed securities, fixed-rate investment grade bonds, and equity securities. In addition, the company offers personal and commercial insurance products, including homeowners, automobile, and comprehensive business insurance; employee benefit products and services, such as group health, dental, disability, and life insurance products, as well as defined contribution, defined benefit administration, and human resource management services; and wealth management services comprising investment advice, retirement income planning, estate planning, business succession, and employer retirement planning. It operates through a network of 22 retail banking offices in Albany, Greene, Rensselaer, Saratoga, Schenectady, and Warren Counties in New York. The company was founded in 1889 and is based in Albany, New York. Pioneer Bancorp, Inc. operates as a subsidiary of Pioneer Bancorp, MHC.

How the Company Makes Money

Pioneer Bancorp generates revenue through various banking activities and financial services. The company's primary revenue streams include interest income from loans and mortgages, as well as income from service charges and fees associated with deposit accounts. Additionally, Pioneer Bancorp earns money through investment securities and other financial instruments. A significant portion of their earnings comes from the interest rate spread, which is the difference between the interest earned on loans and the interest paid on deposits. The company may also benefit from strategic partnerships or alliances with other financial institutions, though specific partnerships contributing to its earnings are not detailed.

Pioneer Bancorp Financial Statement Overview

Summary

Pioneer Bancorp exhibits strong financial health with impressive revenue growth of 30.6% and a robust balance sheet with no debt. The net profit margin is solid at 18.7%. However, declining EBIT margin and operating cash flow ratios warrant some caution.

Income Statement

Pioneer Bancorp shows a healthy financial performance with a strong net profit margin of 18.7% TTM, indicating good profitability. The revenue growth rate from the previous annual period to TTM is impressive at 30.6%, suggesting robust growth. However, there is a notable decline in EBIT margin from the previous year to TTM (from 18.1% to 24.0%), which needs careful monitoring despite the overall profitability.

Balance Sheet

The balance sheet is strong with no debt, reflected in a debt-to-equity ratio of 0. The equity ratio stands at 15.1%, indicating a solid equity position. Return on equity is quite healthy at 6.0% TTM, which points to efficient use of equity capital. The absence of leverage is a significant strength, suggesting financial stability and low risk.

Cash Flow

Cash flow analysis indicates a cautious view with a decline in operating cash flow to net income ratio from 1.1 in the previous annual period to 0.7 TTM. Free cash flow growth rate is positive, indicating steady cash generation capacity. The free cash flow to net income ratio of 0.7 TTM suggests a moderate conversion of income into free cash.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
85.32M	98.70M	79.69M	56.45M	57.57M	64.47M
	Gross Profit
65.03M	74.19M	71.03M	56.45M	57.57M	64.47M
	EBIT
20.64M	19.41M	27.86M	14.80M	2.66M	-9.80M
	EBITDA
22.50M	22.00M	30.55M	16.08M	0.00	0.00
	Net Income Common Stockholders
16.00M	15.26M	21.95M	10.28M	1.08M	-6.51M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
353.04M	422.60M	465.25M	854.38M	589.38M	231.29M
	Total Assets
1.85B	1.90B	1.86B	1.96B	1.80B	1.53B
	Total Debt
6.39M	756.00K	5.71M	0.00	0.00	0.00
	Net Debt
-130.01M	-150.80M	-142.60M	-372.59M	-324.78M	-155.52M
	Total Liabilities
1.57B	1.60B	1.60B	1.72B	1.57B	7.76M
	Stockholders Equity
283.80M	296.53M	266.70M	242.63M	237.82M	223.97M
Cash Flow		Free Cash Flow
7.11M	23.01M	25.82M	49.19M	32.06M	322.00K
	Operating Cash Flow
7.43M	23.85M	26.27M	49.97M	32.65M	2.02M
	Investing Cash Flow
-100.22M	-18.05M	-114.87M	-148.03M	-125.11M	-109.47M
	Financing Cash Flow
114.33M	8.91M	-136.98M	149.16M	260.51M	34.24M

Pioneer Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.41
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBFS, the sentiment is Negative. The current price of 11.41 is below the 20-day moving average (MA) of 11.53, above the 50-day MA of 11.40, and below the 200-day MA of 11.43, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 47.26 is Neutral, neither overbought nor oversold. The STOCH value of 47.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PBFS.

Pioneer Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSBW	76 Outperform	$293.12M	8.75	11.82%	2.94%	7.52%	-4.22%
CIVB	75 Outperform	$343.28M	9.76	9.07%	3.08%	9.51%	-2.12%
PCB	75 Outperform	$286.61M	10.32	7.60%	3.99%	14.10%	11.51%
PBFS	72 Outperform	$294.98M	16.28	6.04%	―	16.29%	-12.22%
PDLB	66 Neutral	$310.60M	21.63	2.88%	―	20.07%	147.42%
Sector *	64 Neutral	$12.77B	9.71	7.85%	78.05%	12.07%	-7.97%
RBB	51 Neutral	$292.53M	14.21	4.09%	3.88%	-4.09%	-44.36%

Pioneer Bancorp Corporate Events

Pioneer Bancorp Approves Key Proposals at Annual Meeting

On May 20, 2025, Pioneer Bancorp, Inc. held its Annual Meeting of Stockholders where several key proposals were approved. The stockholders elected Eileen C. Bagnoli as a director for a three-year term, ratified the appointment of Bonadio & Co., LLP as the independent registered public accounting firm for 2025, and approved a non-binding advisory resolution on executive compensation. Additionally, stockholders recommended holding an annual advisory vote on executive compensation.