Pathfinder Bancorp (PBHC) AI Stock Analysis

• Market Cap: $84.47M
• Dividend Yield: 2.86%
• Average Volume (3M): 6.34K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.07
• Revenue Growth: 0.84%
• EPS Growth: N/A
• Country: US
• Employees: 172
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): -1.14
• Shares Outstanding: 4,794,225
• 10 Day Avg. Volume: 9,853
• 30 Day Avg. Volume: 6,336
• 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: 2.23
• Enterprise Value/Revenue: 2.35
• Enterprise Value/Gross Profit: 4.66
• Enterprise Value/Ebitda: 16.74
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: $14.50 ▲(3.57% Upside)

The score is primarily shaped by mixed financial performance (strong cash flow and improved leverage offset by declining revenue and low ROE). Technicals are a notable drag due to a downtrend across key moving averages and negative MACD, while valuation is also a headwind given the very high P/E despite a moderate dividend yield. A recent dividend declaration is a modest positive.

Positive Factors

Cash Generation

Strong free cash flow growth indicates improved cash generation capabilities, providing the company with financial flexibility for reinvestment and debt reduction.

Leverage Improvement

Reduced leverage enhances financial stability, lowering risk and potentially improving credit terms, which supports long-term growth and resilience.

Dividend Declaration

Consistent dividend payments reflect management's confidence in financial stability and commitment to returning value to shareholders, supporting investor trust.

Negative Factors

Revenue Decline

A sharp decline in revenue growth can signal challenges in market demand or competitive positioning, potentially impacting long-term profitability and market share.

Low Return on Equity

Low ROE indicates inefficiencies in generating returns from equity, which could deter investment and affect the company's ability to attract capital.

Operational Cash Flow Concerns

Low operational cash flow relative to net income suggests potential issues in cash flow generation, which may affect the company's ability to fund operations and growth.

Pathfinder Bancorp Business Overview & Revenue Model

Company Description

Pathfinder Bancorp (PBHC) is a financial holding company headquartered in Oswego, New York. The company operates primarily through its wholly-owned subsidiary, Pathfinder Bank, which offers a range of banking services to individuals and businesses. Its core products include personal and commercial banking services, mortgage lending, and investment management services. Pathfinder Bancorp focuses on serving the local communities in Central New York, emphasizing relationship banking and community involvement.

How the Company Makes Money

Pathfinder Bancorp generates revenue primarily through interest income from loans and fees associated with its banking services. The company's key revenue streams include interest earned on various types of loans such as commercial, consumer, and mortgage loans, along with fees from deposit accounts and transaction services. Additionally, the bank earns non-interest income from service charges, investment management fees, and other banking-related services. Significant partnerships with local businesses and community organizations also contribute to its customer base and, consequently, its earnings. The bank's emphasis on customer service and community engagement helps to foster customer loyalty, which is critical for its revenue generation.

Pathfinder Bancorp Financial Statement Overview

Summary

Mixed fundamentals: strong free cash flow growth (92.95%) and improved leverage (debt-to-equity 0.71) support the score, but a sharp revenue growth decline (-28.28%) and very low ROE (0.68%) meaningfully limit it.

Income Statement

Pathfinder Bancorp's income statement shows a mixed performance. The TTM data indicates a significant decline in revenue growth rate at -28.28%, which is concerning. However, the company maintains a positive net profit margin of 5.39% and an EBIT margin of 16.22%, suggesting some level of operational efficiency. Historical data shows fluctuating revenue growth and margins, with a notable decline in gross profit margin over time.

Balance Sheet

The balance sheet reflects a stable equity base with a high equity ratio, as stockholders' equity is significantly larger than total debt in the TTM period. The debt-to-equity ratio has improved to 0.71 in the TTM, indicating reduced leverage compared to previous years. However, the return on equity has decreased to 0.68%, which may point to challenges in generating returns from equity.

Cash Flow

Cash flow analysis reveals strong free cash flow growth of 92.95% in the TTM, indicating improved cash generation capabilities. The free cash flow to net income ratio is healthy at 27.49%, suggesting efficient conversion of income to cash. However, the operating cash flow to net income ratio is low, indicating potential issues in cash flow generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	80.33M	83.48M	71.82M	56.36M	51.03M	48.25M
Gross Profit	40.51M	35.14M	40.15M	43.91M	42.48M	32.68M
EBITDA	11.28M	6.50M	13.12M	16.39M	17.83M	9.72M
Net Income	7.54M	3.38M	9.29M	12.93M	12.41M	6.95M
Balance Sheet
Total Assets	1.47B	1.47B	1.47B	1.40B	1.29B	1.23B
Cash, Cash Equivalents and Short-Term Investments	313.77M	300.90M	307.45M	227.01M	227.75M	171.72M
Total Debt	104.77M	136.51M	211.60M	152.57M	109.70M	123.97M
Total Liabilities	1.35B	1.35B	1.35B	1.29B	1.17B	1.13B
Stockholders Equity	126.34M	121.48M	119.50M	111.00M	110.29M	97.46M
Cash Flow
Free Cash Flow	5.91M	2.88M	13.47M	16.52M	18.94M	45.30M
Operating Cash Flow	6.35M	11.21M	15.43M	21.73M	20.15M	46.56M
Investing Cash Flow	15.95M	-22.40M	-54.79M	-131.16M	-69.95M	-149.22M
Financing Cash Flow	-17.05M	-5.97M	52.81M	107.56M	43.48M	125.97M

Pathfinder Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.00
• 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 14 is below the 20-day moving average (MA) of 14.10, below the 50-day MA of 14.12, and below the 200-day MA of 14.63, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 40.64 is Neutral, neither overbought nor oversold. The STOCH value of 42.53 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
LSBK	78 Outperform	$118.00M	15.78	6.28%	2.12%	2.27%	66.15%
AUBN	69 Neutral	$86.85M	11.98	8.22%	4.16%	24.17%	739.42%
UBCP	69 Neutral	$80.26M	10.70	10.91%	6.51%	6.31%	-5.00%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
IROQ	65 Neutral	$90.89M	16.97	6.20%	1.48%	1.93%	157.35%
PBHC	54 Neutral	$84.47M	-14.35	2.26%	2.86%	0.84%	―

Pathfinder Bancorp Corporate Events

Pathfinder Bancorp Declares Quarterly Cash Dividend for Shareholders

On December 22, 2025, Pathfinder Bancorp, Inc. announced that its board declared a quarterly cash dividend of $0.10 per share on both its voting and non-voting common stock, as well as $0.10 per notional share for the issued warrant, for the fiscal quarter ending December 31, 2025. The dividend will be paid on February 6, 2026, to shareholders of record as of January 16, 2026, underscoring the company’s continued return of capital to investors and signaling management’s confidence in the bank’s financial position and ongoing operations in its Central New York markets.

The most recent analyst rating on (PBHC) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Pathfinder Bancorp stock, see the PBHC Stock Forecast page.