Pathfinder Bancorp (PBHC) AI Stock Analysis

• Market Cap: $93.53M
• Dividend Yield: 2.63%
• Average Volume (3M): 4.48K
• Price to Earnings (P/E): 31.5
• Beta (1Y): 0.05
• Revenue Growth: 11.12%
• EPS Growth: N/A
• Country: US
• Employees: 172
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): -0.01
• Shares Outstanding: 4,761,182
• 10 Day Avg. Volume: 8,005
• 30 Day Avg. Volume: 4,480
• PEG Ratio: 0.47
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.29
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 0.49
• Enterprise Value/Gross Profit: 3.82
• Enterprise Value/Ebitda: 7.05
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: ―

Pathfinder Bancorp's overall stock score reflects a cautious outlook. The company's financial performance shows resilience with strong revenue and cost management, but significant challenges in profitability and cash flow generation. Technical indicators point to a lack of upward momentum, and valuation metrics highlight potential risks with a negative P/E ratio despite a decent dividend yield. The absence of earnings call data and corporate events leaves some uncertainty in future guidance.

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 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 displays a mixed financial health profile. While revenue and gross profit margins are strong, the significant drop in net income and EBIT margin in 2024 highlights operational challenges. The balance sheet reflects financial stability with improved equity metrics and reduced debt. However, declining cash flow figures indicate potential liquidity issues. Overall, the company shows resilience but faces challenges in sustaining profitability and cash generation.

Income Statement

Pathfinder Bancorp shows a mixed performance in the income statement. Revenue has grown from $33.15M in 2019 to $47.90M in 2024, indicating a steady upward trend. However, net income has fluctuated, with a concerning recent drop to zero in 2024. The EBIT margin decreased significantly after 2023, suggesting potential operational challenges. Despite these issues, the company maintained a gross profit margin of 100%, reflecting efficient cost management.

Balance Sheet

The balance sheet of Pathfinder Bancorp demonstrates a stable equity position with stockholder's equity increasing from $90.43M in 2019 to $121.48M in 2024. The debt-to-equity ratio improved significantly as total debt decreased from $123.98M in 2020 to $61.00M in 2024, indicating effective debt management. Additionally, the equity ratio has shown a positive trend over the years, reinforcing the company's financial stability.

Cash Flow

Operating cash flow has shown inconsistency, decreasing from $46.56M in 2020 to $11.21M in 2024, raising concerns about cash generation capabilities. The free cash flow saw a similar decline, which could limit the company's ability to reinvest in growth opportunities. The operating cash flow to net income ratio is strong, indicating efficient conversion of income to cash, but the recent net income drop to zero raises caution.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
45.95M	47.90M	41.18M	46.41M	43.70M	38.13M
	Gross Profit
26.51M	47.90M	41.18M	46.41M	43.70M	38.13M
	EBIT
4.10M	2.00M	11.78M	24.21M	15.91M	8.24M
	EBITDA
797.00K	6.50M	0.00	16.39M	18.71M	9.72M
	Net Income Common Stockholders
4.24M	3.38M	9.29M	9.72M	12.41M	5.41M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
302.66M	283.29M	48.73M	205.66M	227.75M	171.72M
	Total Assets
1.50B	1.47B	1.47B	1.40B	1.29B	1.23B
	Total Debt
27.00M	136.51M	211.60M	152.57M	109.10M	123.97M
	Net Debt
8.39M	104.94M	162.87M	117.29M	71.95M	80.51M
	Total Liabilities
1.37B	1.35B	1.35B	1.29B	1.17B	1.13B
	Stockholders Equity
124.90M	121.48M	119.50M	111.00M	110.29M	97.46M
Cash Flow		Free Cash Flow
8.38M	2.88M	13.47M	16.52M	18.94M	45.30M
	Operating Cash Flow
16.48M	11.21M	15.43M	21.73M	20.15M	46.56M
	Investing Cash Flow
-16.73M	-22.40M	-54.79M	-131.16M	-69.95M	-149.22M
	Financing Cash Flow
22.71M	-5.97M	52.81M	107.56M	43.48M	125.97M

Pathfinder Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.00
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 15 is above the 20-day moving average (MA) of 14.88, below the 50-day MA of 15.59, and below the 200-day MA of 16.29, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 47.26 is Neutral, neither overbought nor oversold. The STOCH value of 44.35 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
PROV	70 Outperform	$99.65M	15.59	5.09%	3.72%	5.62%	-5.99%
FGBI	66 Neutral	$118.44M	69.83	1.58%	2.83%	14.50%	-73.50%
Sector *	64 Neutral	$12.78B	9.87	7.67%	17015.06%	12.34%	-5.99%
PBHC	54 Neutral	$93.53M	31.55	2.30%	2.63%	11.12%	―
FNWB	53 Neutral	$90.82M	―	-10.46%	2.96%	10.31%	-557.61%
WMPN	53 Neutral	$113.45M	―	-0.81%	0.97%	2.25%	-261.40%
BSBK	41 Neutral	$90.72M	―	-0.73%	―	-9.96%	-23.54%