Pathfinder Bancorp (PBHC) AI Stock Analysis

• Market Cap: $95.91M
• Dividend Yield: 2.56%
• Average Volume (3M): 1.93K
• Price to Earnings (P/E): 26.6
• Beta (1Y): 0.12
• Revenue Growth: 16.38%
• EPS Growth: 64.98%
• Country: US
• Employees: 161
• Sector: Financial
• Sector Strength: 86
• Industry: Banks - Regional
• EPS (TTM): -0.01
• Shares Outstanding: 4,763,707
• 10 Day Avg. Volume: 1,450
• 30 Day Avg. Volume: 1,931
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.28
• Price to Cash Flow (P/CF): 2.20
• P/FCF Ratio: 1.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Pathfinder Bancorp's stock score is driven by mixed financial performance, with strengths in revenue growth and balance sheet stability offset by weaknesses in net income and cash flow. Technical analysis suggests a neutral market sentiment, while valuation metrics indicate potential overvaluation. The absence of significant corporate events or earnings call insights results in a score focused on fundamental and technical factors.

Pathfinder Bancorp Business Overview & Revenue Model

Company Description

Pathfinder Bancorp, Inc. (PBHC) operates as the bank holding company for Pathfinder Bank, a community bank that provides a range of financial products and services. Headquartered in Oswego, New York, the company primarily serves individuals, families, and businesses in its local communities. Pathfinder Bank offers traditional banking services such as savings accounts, checking accounts, and certificates of deposit, as well as loans including commercial, residential mortgage, and consumer loans. The bank is committed to community involvement and focuses on delivering personalized customer service.

How the Company Makes Money

Pathfinder Bancorp makes money primarily through the interest income generated from its lending activities. The bank provides various types of loans, including commercial, residential mortgage, and consumer loans, and earns interest on these loans. Additionally, Pathfinder Bank generates non-interest income through fees and service charges associated with its banking products, such as account maintenance fees, transaction fees, and other ancillary services. The bank may also engage in investment activities, contributing to its revenue through interest and dividends from securities. Overall, Pathfinder Bancorp's revenue streams are driven by its ability to attract deposits, manage interest rate spreads, and provide a suite of financial services to its community.

Pathfinder Bancorp Financial Statement Overview

Summary

Pathfinder Bancorp shows stable financial performance with strong revenue growth and cash flow generation. However, profitability margins are declining, and return on equity is low, indicating challenges in improving operational efficiency and profitability. The balance sheet displays moderate risk with improved leverage ratios, supporting a stable capital structure.

Income Statement

Pathfinder Bancorp demonstrates a stable financial performance with a consistent gross profit margin of 100% due to its nature of operations within the banking industry. However, the net profit margin has declined in the TTM to 1.62% from 22.57% in 2023, indicating pressure on profitability. The revenue growth rate from 2023 to TTM is healthy at 32.48%, signaling a positive trajectory in revenue generation, albeit with reduced EBIT and EBITDA margins at 1.85% and 1.53%, respectively, highlighting increased operational costs.

Balance Sheet

The balance sheet of Pathfinder Bancorp presents a moderate risk profile with a debt-to-equity ratio of 1.24 in the TTM, which is an improvement from 1.77 in 2023. The return on equity is relatively low at 0.73% in the TTM, down from 7.78% in 2023, reflecting challenges in generating shareholder returns. The equity ratio is stable at 8.11%, indicating a balanced capital structure, though with a need for increased efficiency in utilizing equity to drive earnings.

Cash Flow

The cash flow statement reveals a positive operating cash flow to net income ratio of 25.34x, suggesting strong cash flow generation relative to net income. The free cash flow growth rate is marginal at 5.15% in the TTM, indicating steady but limited expansion in free cash flows. The free cash flow to net income ratio stands at 16.05x, underscoring efficient conversion of net income into free cash flow, a positive indicator for cash-based liquidity and operational flexibility.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
54.56M	41.18M	46.41M	43.70M	38.13M	33.15M
	Gross Profit
54.56M	41.18M	46.41M	43.70M	38.13M	33.15M
	EBIT
1.01M	11.78M	24.21M	15.91M	8.24M	5.44M
	EBITDA
835.00K	0.00	16.39M	18.71M	9.72M	0.00
	Net Income Common Stockholders
882.00K	9.29M	9.72M	12.41M	5.41M	4.28M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.40M	48.73M	205.66M	227.75M	171.72M	131.29M
	Total Assets
386.74M	1.47B	1.40B	1.29B	1.23B	1.18B
	Total Debt
38.16M	211.60M	152.57M	109.10M	123.97M	110.90M
	Net Debt
16.75M	162.87M	117.29M	71.95M	80.51M	90.74M
	Total Liabilities
356.63M	1.35B	1.29B	1.17B	1.13B	1.09B
	Stockholders Equity
30.11M	119.50M	111.00M	110.29M	97.46M	90.43M
Cash Flow		Free Cash Flow
14.16M	13.47M	16.52M	18.94M	45.30M	4.52M
	Operating Cash Flow
22.35M	15.43M	21.73M	20.15M	46.56M	8.12M
	Investing Cash Flow
-66.80M	-54.79M	-131.16M	-69.95M	-149.22M	-162.81M
	Financing Cash Flow
55.60M	52.81M	107.56M	43.48M	125.97M	148.53M

Pathfinder Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.61
• 50DMA: Negative
• 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 PBHC, the sentiment is Negative. The current price of 15.61 is below the 20-day moving average (MA) of 16.31, below the 50-day MA of 16.76, and below the 200-day MA of 16.27, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 51.93 is Neutral, neither overbought nor oversold. The STOCH value of 51.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PBHC.

Pathfinder Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUBI	75 Outperform	$1.38B	8.62	10.44%	―	-3.61%	-29.58%
BANF	70 Outperform	$3.43B	16.03	14.16%	1.76%	12.93%	1.40%
CFFI	70 Outperform	$189.18M	9.71	8.95%	3.18%	10.65%	-12.80%
FSBC	67 Neutral	$536.43M	11.13	13.39%	3.17%	17.32%	-18.15%
Sector *	64 Neutral	$13.37B	9.30	9.39%	4.85%	16.11%	-8.85%
PBHC	62 Neutral	$95.91M	26.65	2.36%	2.56%	16.38%	64.98%
FULT	62 Neutral	$2.77B	9.69	9.69%	4.53%	21.10%	-4.20%