The Post-Star: Pioneer Bancorp, Inc. reports third-quarter earnings

11.1.25
 
"Pioneer Bancorp, Inc. on Friday reported the results for the third quarter, which ended September 30, 2025.

According to the company, net income for the three-month period was $4.3 million, or $0.18 per basic and diluted share, as compared to $6.3 million, or $0.25 per basic and diluted share, for the three-month period that ended September 30, 2024. Net income for the nine-month period that ended September 30, 2025, was $16.5 million, or $0.67 per basic and diluted share, as compared to $15.0 million, or $0.59 per basic and diluted share, for the nine-month period that ended September 30, 2024.
 

President and CEO Thomas Amell said, 'Our financial results for the third quarter of 2025 reflect Pioneer’s consistent focus on our relationship-based model of creating client advocacy through highly engaged employees. We experienced positive momentum for the quarter with growth in net interest income and margin, reflecting an increased loan portfolio, growth in our diversified deposit base, and prudently managed funding costs.'"

Read the full story from The Post-Star here.