Pathfinder Bancorp (PBHC) AI Stock Analysis

• Market Cap: $93.41M
• Dividend Yield: 3.29%
• Average Volume (3M): 3.79K
• Price to Earnings (P/E): 31.5
• Beta (1Y): 0.03
• Revenue Growth: 11.12%
• EPS Growth: 53.85%
• Country: US
• Employees: 172
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): -0.01
• Shares Outstanding: 4,761,182
• 10 Day Avg. Volume: 3,463
• 30 Day Avg. Volume: 3,785
• PEG Ratio: -0.38
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.88
• Enterprise Value/Market Cap: 2.47
• Enterprise Value/Revenue: 1.02
• Enterprise Value/Gross Profit: 6.13
• Enterprise Value/Ebitda: 12.31
• 1Y Price Target: $15.00
• Price Target Upside: 0.94% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: $16.50 ▲(11.04%Upside)

The overall stock score of 66 is primarily supported by strong financial performance and positive corporate events, suggesting stability and effective management. However, technical indicators and valuation present risks, with concerns about earnings and market momentum.

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 generates revenue primarily through its banking operations. The company earns money through interest income, which is derived from loans and mortgages issued to customers. Pathfinder Bank also generates revenue from fees associated with various banking services, including account maintenance fees, transaction fees, and service charges. Additionally, the bank invests in securities, contributing to its income through interest and dividends. Pathfinder Bancorp may also form strategic partnerships with other financial institutions to enhance its service offerings and expand its market reach, although specific partnerships or collaborations are not detailed.

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	56.29M	83.48M	41.18M	46.41M	43.70M	38.13M
Gross Profit	37.67M	35.14M	40.15M	46.41M	43.70M	38.13M
EBITDA	5.18M	6.50M	13.12M	16.39M	18.71M	9.72M
Net Income	4.24M	3.38M	9.29M	9.72M	12.41M	5.41M
Balance Sheet
Total Assets	1.50B	1.47B	1.47B	1.40B	1.29B	1.23B
Cash, Cash Equivalents and Short-Term Investments	302.66M	283.29M	48.73M	205.66M	227.75M	171.72M
Total Debt	27.00M	136.51M	211.60M	152.57M	109.10M	123.97M
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: Positive
• Last Price: 14.86
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBHC, the sentiment is Positive. The current price of 14.86 is below the 20-day moving average (MA) of 15.02, below the 50-day MA of 15.03, and below the 200-day MA of 16.09, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 54.28 is Neutral, neither overbought nor oversold. The STOCH value of 17.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PBHC.

Pathfinder Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PROV	74 Outperform	$102.63M	16.26	5.09%	3.61%	5.62%	-5.99%
PBHC	67 Neutral	$93.41M	31.55	2.30%	3.29%	11.12%	53.85%
FGBI	64 Neutral	$148.02M	65.77	1.58%	1.27%	14.47%	-73.50%
Sector *	61 Neutral	C$15.12B	7.06	23.28%	5.39%	33.61%	-23.38%
BSBK	56 Neutral	$106.29M	―	-0.73%	―	-9.96%	-23.54%
WMPN	53 Neutral	$113.45M	―	-0.81%	0.97%	2.25%	-261.40%
FNWB	43 Neutral	$72.50M	―	-6.59%	3.51%	10.23%	-109.60%

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.

Pathfinder Bancorp Shareholders Approve All Annual Meeting Proposals

On June 5, 2025, Pathfinder Bancorp held its Annual Meeting of Shareholders, where all proposals were approved. These included the election of four directors—Eric Allyn, Meghan Crawford-Hamlin, Adam C. Gagas, and Melanie Littlejohn—for three-year terms, and the ratification of Bonadio & Company, LLP as the independent registered public accounting firm for 2025. The approval of these proposals reflects strong shareholder support and ensures continuity in the company’s leadership and financial oversight.