Pathfinder Bancorp (PBHC) AI Stock Analysis

• Market Cap: $94.50M
• Dividend Yield: 2.61%
• Average Volume (3M): 5.14K
• Price to Earnings (P/E): 164.2
• Beta (1Y): -0.06
• Revenue Growth: 8.19%
• EPS Growth: N/A
• Country: US
• Employees: 172
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.10
• Shares Outstanding: 4,788,109
• 10 Day Avg. Volume: 5,277
• 30 Day Avg. Volume: 5,137
• PEG Ratio: -0.44
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 1.28
• P/FCF Ratio: 37.08
• Enterprise Value/Market Cap: 2.36
• Enterprise Value/Revenue: 2.73
• Enterprise Value/Gross Profit: 6.35
• Enterprise Value/Ebitda: 39.95
• 1Y Price Target: $15.50
• Price Target Upside: 1.17% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: $15.50 ▲(1.17% Upside)

The overall stock score of 52 reflects significant financial challenges, including high leverage and declining profitability, which are the most impactful factors. While technical indicators show some positive momentum, the high P/E ratio suggests overvaluation concerns.

Pathfinder Bancorp Business Overview & Revenue Model

Company Description

Pathfinder Bancorp, Inc. operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga Counties, New York. The company accepts various deposits, including checking, savings, and money market deposit accounts, as well as certificates of deposit, and demand and time deposits. Its loan portfolio comprises commercial real estate loans; commercial loans; residential real estate and construction loans; tax-exempt loans; home equity loans and junior liens; municipal loans; and consumer loans comprising automobile, recreational vehicles, and unsecured personal loans, as well as unsecured lines of credit and loans secured by deposit accounts. The company is also involved in the property, casualty, and life insurance brokerage business. It primarily serves individuals, families, small to mid-size businesses, and municipalities. As of February 03, 2022, it operated through ten full-service offices located in Oswego and Onondaga Counties, as well as one limited purpose office located in Oneida County. Pathfinder Bancorp, Inc. was founded in 1859 and is headquartered in Oswego, New York.

How the Company Makes Money

Pathfinder Bancorp primarily generates revenue through interest income from loans and investments, which constitutes a significant portion of its earnings. The company offers various loan products, including residential mortgages, commercial loans, and consumer loans, earning interest on these financial products. Additionally, Pathfinder Bancorp generates non-interest income through service fees, transaction fees, and investment management services. The bank also engages in treasury management and wealth management services, which contribute to its overall revenue. Strategic partnerships with local businesses and community organizations enhance its customer base and drive deposit growth, further supporting its earnings.

Pathfinder Bancorp Financial Statement Overview

Summary

Pathfinder Bancorp demonstrates strong financial health with consistent revenue growth and improved leverage ratios. However, there are some concerns regarding net profit margin compression and variability in free cash flow. Despite these challenges, the company is well-positioned in the regional banking industry, supported by solid equity growth and effective debt management.

Income Statement

Pathfinder Bancorp has shown a solid revenue growth trajectory over the years, with a noticeable increase from $51.03M in 2021 to $84.06M in TTM 2025. The gross profit margin remains strong, though it has seen some fluctuations, currently at 44.2% in TTM 2025. Net profit margin has slightly decreased to 5.04% in TTM 2025 from 14.1% in 2022, indicating some pressure on profitability. EBITDA margin is stable at 9.3% in TTM 2025. Overall, the income statement reflects a stable yet competitive position within the regional banking sector.

Balance Sheet

The company maintains a robust balance sheet with increasing stockholders' equity, reaching $124.9M in TTM 2025. The debt-to-equity ratio has improved, showing better leverage management, down to 0.74 in TTM 2025 from 1.38 in 2020. The equity ratio has also improved slightly to 8.35% in TTM 2025. Overall, Pathfinder Bancorp's balance sheet indicates solid equity growth and effective debt management.

Cash Flow

Pathfinder Bancorp's cash flow shows a positive trend, with operating cash flow increasing to $16.4M in TTM 2025. Free cash flow has also risen significantly, reflecting improved operational efficiency. The operating cash flow to net income ratio is robust at 3.87 in TTM 2025, indicating efficient cash generation relative to net income. However, the company has experienced variability in free cash flow growth due to capital investments. Overall, the cash flow statement reflects healthy cash generation capabilities with some capital expenditure challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	81.72M	83.48M	71.82M	56.36M	51.03M	48.25M
Gross Profit	35.09M	35.14M	40.15M	43.91M	42.48M	32.68M
EBITDA	5.57M	6.50M	13.12M	16.39M	17.83M	9.72M
Net Income	-737.00K	3.38M	9.29M	12.93M	12.41M	6.95M
Balance Sheet
Total Assets	1.51B	1.47B	1.47B	1.40B	1.29B	1.23B
Cash, Cash Equivalents and Short-Term Investments	425.84M	300.90M	307.45M	227.01M	227.75M	171.72M
Total Debt	144.56M	136.51M	211.60M	152.57M	109.10M	123.97M
Total Liabilities	1.38B	1.35B	1.35B	1.29B	1.17B	1.13B
Stockholders Equity	124.41M	121.48M	119.50M	111.00M	110.29M	97.46M
Cash Flow
Free Cash Flow	3.06M	2.88M	13.47M	16.52M	18.94M	45.30M
Operating Cash Flow	11.15M	11.21M	15.43M	21.73M	20.15M	46.56M
Investing Cash Flow	-52.53M	-22.40M	-54.79M	-131.16M	-69.95M	-149.22M
Financing Cash Flow	41.04M	-5.97M	52.81M	107.56M	43.48M	125.97M

Pathfinder Bancorp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBHC, the sentiment is Neutral. The current price of 15.32 is above the 20-day moving average (MA) of 15.16, above the 50-day MA of 14.91, and below the 200-day MA of 15.64, indicating a neutral trend. The MACD of 0.17 indicates Negative momentum. The RSI at 54.13 is Neutral, neither overbought nor oversold. The STOCH value of 69.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PBHC.

Pathfinder Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PROV	69 Neutral	$105.23M	17.29	―	3.50%	2.53%	-12.02%
BSBK	55 Neutral	$117.08M	-337.08	-1.58%	―	-12.23%	83.58%
PBHC	52 Neutral	$94.50M	164.20	2.33%	2.61%	8.19%	―
FGBI	48 Neutral	$122.02M	-8.00	-3.44%	0.50%	9.81%	-220.92%
FNWB	45 Neutral	$72.99M	-6.78	-4.30%	3.61%	10.23%	-110.17%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Pathfinder Bancorp Corporate Events

Pathfinder Bancorp Declares Quarterly Cash Dividend

On June 30, 2025, Pathfinder Bancorp, Inc. announced a quarterly cash dividend of $0.10 per share for both its voting and non-voting common stock, as well as for the issued warrant. This dividend, reflecting the fiscal quarter ending June 30, 2025, will be payable on August 8, 2025, to shareholders recorded by July 18, 2025.