Pioneer Bancorp (PBFS) AI Stock Analysis

• Market Cap: $323.16M
• Dividend Yield: N/A
• Average Volume (3M): 27.15K
• Price to Earnings (P/E): 17.8
• Beta (1Y): 0.48
• Revenue Growth: 16.29%
• EPS Growth: -12.22%
• Country: US
• Employees: 268
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.23
• Shares Outstanding: 25,853,090
• 10 Day Avg. Volume: 34,399
• 30 Day Avg. Volume: 27,153
• PEG Ratio: 2.68
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.89
• Enterprise Value/Market Cap: 0.49
• Enterprise Value/Revenue: 0.41
• Enterprise Value/Gross Profit: 2.41
• Enterprise Value/Ebitda: 1.69
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: $13.00 ▲(4.00%Upside)

Pioneer Bancorp's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and a debt-free balance sheet. Technical analysis indicates a neutral market momentum, with the stock trading close to key moving averages. Valuation metrics suggest a fair value, though the absence of dividends might be a limitation for some investors.

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 demonstrates strong financial health with excellent profitability and a robust balance sheet free of debt. Revenue growth is impressive at 30.6%, although some caution is warranted with the declining EBIT margin and operating cash flow ratios. The financial outlook remains positive given the bank's growth trajectory and prudent financial management.

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	85.18M	57.92M	59.68M	69.20M
Gross Profit	65.03M	74.19M	79.69M	56.45M	53.52M	57.68M
EBITDA	22.50M	22.00M	30.55M	16.08M	5.52M	8.90M
Net Income	16.00M	15.26M	21.95M	10.28M	1.08M	5.20M
Balance Sheet
Total Assets	2.07B	1.90B	1.86B	1.96B	1.80B	1.53B
Cash, Cash Equivalents and Short-Term Investments	270.53M	408.96M	579.98M	854.38M	589.38M	231.29M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.76B	1.60B	1.60B	1.72B	1.57B	1.30B
Stockholders Equity	310.70M	296.53M	266.70M	242.63M	237.82M	223.97M
Cash Flow
Free Cash Flow	5.74M	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: Positive
• Last Price: 12.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBFS, the sentiment is Positive. The current price of 12.5 is above the 20-day moving average (MA) of 11.80, above the 50-day MA of 11.62, and above the 200-day MA of 11.49, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 66.94 is Neutral, neither overbought nor oversold. The STOCH value of 76.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PBFS.

Pioneer Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIVB	76 Outperform	$389.22M	11.07	9.07%	2.71%	9.51%	-2.12%
FSBW	75 Outperform	$330.60M	9.87	11.82%	2.61%	7.35%	-4.60%
PBFS	73 Outperform	$323.16M	17.84	6.04%	―	16.29%	-12.22%
PCB	72 Outperform	$319.95M	11.52	7.60%	3.58%	14.10%	11.51%
Sector *	70 Neutral	CHF15.63B	15.75	11.86%	3.69%	4.77%	24.25%
PDLB	61 Neutral	$343.70M	23.94	2.88%	―	20.07%	147.42%
RBB	59 Neutral	$328.19M	15.95	4.09%	3.46%	-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.