Pioneer Bancorp, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to June 2026 was $102m, up 11.5% on a year earlier, about the same pace as a quarter earlier. The diluted share count is down 2.5% on a year earlier, which lifts each remaining share.
Our model value for Pioneer Bancorp is under review, so past values are not shown until it is resolved.
Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Pioneer Bancorp, Inc.'s trailing-twelve-month revenue grew 11.5% year on year, with a free-cash-flow margin of 23.6%. Where it stands out: change in share count of -2.5% ranks 40 of 230 regional banks companies we cover. Where it lags: net margin of 16.5% ranks 214 of 245 regional banks companies we cover.
Current signal Free cash flow diverging from earnings: TTM free cash flow grew 30.9% while net income fell 22.8%: a 54pp divergence.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No model value for Pioneer Bancorp, Inc. at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Pioneer Bancorp, Inc. as a bank or lender, with every model that fits that kind of business. Cost of equity 8%: the 10-year Treasury yield (4.9%) plus a beta of 0.67 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$9.7 ~$6.0–$16 | Primary model, counts double |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$8.4 ~$7.0–$10 | Included |
| Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. | ~$15 ~$7.6–$22 | Included |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$11 ~$14–$21 | Included |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | ~$6.5 ~$7.5–$10 | Included |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Pioneer Bancorp, Inc. with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Weak moat
How hard Pioneer Bancorp's competitive advantage looks for rivals to wear away, judged from 8 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
Net income has been a median 0.6% of total assets over 8 years.
Net margin has been a median 17.4%; its worst year was 1.9%.
The diluted share count fell 2.7% over five years; stock-based pay has been a median 1.4% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (49 before it).
Next results: January 29, 2027, after the close.
No analyst estimates are published for Pioneer Bancorp, Inc.: too few analysts cover it.
Last 12 months +40.4%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $92m | $102m | +11.5% |
| Net margin | 23.8% | 16.5% | −30.7% |
| P/E multiple | 15.1x | 26.7x | +77.2% |
| Share count | 25m | 24m | +2.6% |
Biggest factor: p/e multiple.
Last 3 years +122.3%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $80m | $102m | +28.0% |
| Net margin | 27.5% | 16.5% | −40.0% |
| P/E multiple | 9.5x | 26.7x | +180.6% |
| Share count | 25m | 24m | +3.2% |
Biggest factor: p/e multiple.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| PBFS | +7% | +1% | −12% | +15% | +17% | +37% |
| Industry peers (median) | +34% | −4% | −2% | +16% | +10% | +24% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| PBFS | 58% | 33% | 42% | 50% | 75% | 82% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| PBFS | −15% | −21% | −33% | −16% | −9% | −10% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since July 18, 2019: 48% from December 31, 2019 to November 13, 2023. Getting back needed a 94% gain, reached on June 1, 2026, 931 days after the low.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 30, 2026 | +1.8% | −2.2% | — | — |
| July 30, 2026 | −3.0% | +2.4% | −2.8% | −0.7% |
| April 30, 2026 | +2.1% | +1.3% | +6.0% | +16.4% |
| January 30, 2026 | +1.7% | +0.2% | +6.4% | +3.2% |
| October 30, 2025 | +0.6% | −0.8% | +0.7% | +2.0% |
| July 30, 2025 | +0.4% | −0.5% | +1.4% | +5.4% |
| April 30, 2025 | +1.8% | +0.7% | +0.9% | +0.9% |
| January 30, 2025 | −0.7% | 0.0% | −1.9% | +2.1% |
| October 30, 2024 | −1.1% | −2.3% | −1.6% | +4.0% |
| July 31, 2024 | −1.3% | +0.2% | −8.1% | −1.3% |
| May 1, 2024 | +1.5% | +0.6% | +3.9% | +12.9% |
| February 7, 2024 | −0.3% | +0.9% | −1.4% | −1.6% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q3 | $80.7M |
| FY23 Q4 | $80.5M |
| FY24 Q1 | $81.3M |
| FY24 Q2 | $82.8M |
| FY24 Q3 | $85.4M |
| FY24 Q4 | $86.7M |
| FY25 Q1 | $88M |
| FY25 Q2 | $91.5M |
| FY25 Q3 | $93.5M |
| FY25 Q4 | $96.3M |
| FY26 Q1 | $98.1M |
| FY26 Q2 | $102M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY23 Q3 | 31.2% |
| FY23 Q4 | 18.2% |
| FY24 Q1 | 7.9% |
| FY24 Q2 | 4.0% |
| FY24 Q3 | 5.9% |
| FY24 Q4 | 7.7% |
| FY25 Q1 | 8.2% |
| FY25 Q2 | 10.4% |
| FY25 Q3 | 9.5% |
| FY25 Q4 | 11.0% |
| FY26 Q1 | 11.5% |
| FY26 Q2 | 11.5% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY23 Q3 | 38.1% |
| FY23 Q4 | 34.0% |
| FY24 Q1 | 34.9% |
| FY24 Q2 | 28.8% |
| FY24 Q3 | 15.6% |
| FY24 Q4 | 33.7% |
| FY25 Q1 | 25.4% |
| FY25 Q2 | 20.1% |
| FY25 Q3 | 21.8% |
| FY25 Q4 | 11.5% |
| FY26 Q1 | 14.8% |
| FY26 Q2 | 23.6% |
What Pioneer Bancorp earned on its loans and securities in FY2025, what it paid depositors and lenders, and how its revenue split between running costs, credit losses, tax and profit.
| Interest income | $110M | |
|---|---|---|
| Fee and other income | $17.1M | 17.8% of revenue |
| Interest paid | $30.4M | |
| Net interest income | $79.1M | 82.2% of revenue |
| Revenue | $96.3M | |
| Non-interest expense | $66.1M | 68.7% of revenue |
| Credit-loss provisions | $3.5M | 3.6% of revenue |
| Pre-tax profit | $26.7M | 27.8% of revenue |
| Income tax | $6.2M | 6.4% of revenue |
| Net income | $20.3M | 21.1% of revenue |
| Fiscal year | 2018 Jun 2018 | 2019 Jun 2019 | 2020 Jun 2020 | 2021 Jun 2021 | 2022 Jun 2022 | 2023 Jun 2023 | 2024 Jun 2024 | 2025 Dec 2025 | LTM Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Income | |||||||||
| Revenue | 56 | 64 | 64 | 58 | 56 | 80 | 83 | 96 | 102 |
| Net income | 11 | 7 | 5 | 1 | 10 | 22 | 15 | 20 | 17 |
| Diluted EPS | — | — | $0.21 | $0.04 | $0.41 | $0.87 | $0.61 | $0.83 | $0.69 |
| Growth (year on year) | |||||||||
| Revenue | — | +14.2% | +0.6% | −10.7% | −1.9% | +41.2% | +4.0% | +16.2% | +11.5% |
| Net income | — | −36.4% | −28.9% | −79.3% | — | +113.5% | −30.5% | +32.9% | −22.8% |
| Diluted EPS | — | — | — | −81.0% | — | +112.2% | −29.9% | +36.1% | −20.8% |
| Margins | |||||||||
| Net margin | 20.5% | 11.4% | 8.1% | 1.9% | 18.2% | 27.5% | 18.4% | 21.1% | 16.5% |
| Free-cash-flow margin | 26.7% | 6.0% | 0.5% | 55.7% | 87.1% | 32.4% | 27.8% | 11.5% | 23.6% |
| Cash flow | |||||||||
| Cash from operations | 23 | 6 | 2 | 33 | 50 | 26 | 24 | 11 | 24 |
| Capital spending | 8 | 2 | 2 | 1 | 1 | 0 | 1 | 0 | 0 |
| Free cash flow | 15 | 4 | 0 | 32 | 49 | 26 | 23 | 11 | 24 |
| Stock-based pay | — | — | — | — | — | — | 0 | 1 | 1 |
| Free cash flow after stock pay | — | — | — | — | — | — | 23 | 10 | 23 |
| Balance sheet | |||||||||
| Cash | — | — | — | — | — | — | — | 134 | 95 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net debt (negative = net cash) | — | — | — | — | — | — | — | −134 | −95 |
| Diluted shares | — | — | 25m | 25m | 25m | 25m | 25m | 25m | 24m |
| Returned to shareholders | |||||||||
| Buybacks | — | — | — | — | — | — | 1 | 11 | — |
| Total returned | — | — | — | — | — | — | 1 | 11 | — |
| Quarter | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 22 | 22 | 23 | 24 | 24 | 25 | 25 | 28 |
| Net income | 6 | 3 | 6 | 6 | 4 | 4 | 5 | 3 |
| Diluted EPS | $0.25 | $0.13 | $0.23 | $0.26 | $0.18 | $0.16 | $0.22 | $0.14 |
| Growth (year on year) | ||||||||
| Revenue | +13.1% | +6.4% | +5.8% | +16.9% | +9.1% | +12.5% | +7.9% | +16.0% |
| Net income | +84.5% | +3.1% | +22.1% | +64.1% | −31.4% | +13.7% | −8.2% | −46.0% |
| Diluted EPS | +78.6% | 0.0% | +21.1% | +62.5% | −28.0% | +23.1% | −4.3% | −46.2% |
| Margins | ||||||||
| Net margin | 28.7% | 14.8% | 25.3% | 26.4% | 18.0% | 14.9% | 21.5% | 12.3% |
| Free-cash-flow margin | 8.7% | 67.1% | −15.5% | 20.7% | 16.3% | 22.7% | −0.7% | 51.7% |
| Cash flow | ||||||||
| Cash from operations | 2 | 15 | −4 | 5 | 4 | 6 | −0 | 15 |
| Capital spending | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | 2 | 15 | −4 | 5 | 4 | 6 | −0 | 15 |
| Stock-based pay | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow after stock pay | 2 | 15 | −4 | 5 | 4 | 5 | −1 | 14 |
| Last 12 months unless stated | PBFS | FNLC | NWFL | BCML | BCBP | NECB | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $102m | $101m | $103m | $104m | $100m | $104m | $255m |
| Revenue growth, last 12 months | 11.5% | 16.7% | 75.5% | 5.3% | 2.2% | −0.9% | 12.5% |
| Revenue growth, 3-year average | 8.6% | 4.7% | 11.2% | −1.0% | −5.1% | 5.4% | 6.0% |
| Revenue growth, latest quarter | 16.0% | 14.6% | 37.8% | 2.2% | −9.1% | −2.5% | 10.7% |
| Net margin | 16.5% | 37.3% | 28.0% | 12.6% | −17.6% | 40.9% | 28.7% |
| Cash from operations / revenue | 23.6% | 37.6% | 32.0% | 27.3% | 35.2% | 47.5% | 34.3% |
| Free-cash-flow margin | 23.6% | 35.2% | 29.1% | 25.6% | 34.1% | 46.7% | 31.4% |
| Free-cash-flow margin, 3-year average | 24.2% | 32.6% | 33.4% | 26.2% | 42.3% | 46.9% | 29.9% |
| Stock pay / revenue | 1.3% | 1.1% | 0.5% | 1.6% | 0.9% | — | 1.2% |
| Change in share count | −2.5% | 0.6% | 15.7% | −1.7% | 1.0% | 0.7% | 0.4% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | 11.5% | 12.5% | 139 of 245 |
| Change in growth rate Growth | -0.0pp | +0.0pp | 125 of 244 |
| Net margin Profitability | 16.5% | 28.7% | 214 of 245 |
| Stock pay as % of revenue Cash generation | 1.3% | 1.3% | 111 of 206 |
| Change in share count Balance sheet | -2.5% | 0.4% | 40 of 230 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Wealth Management Services | $7.5M | 47.7% | — |
| Credit and Debit Card | $2.8M | 17.7% | — |
| Insurance Revenues Fee | $2.6M | 16.2% | — |
| Deposit Account | $2.5M | 15.5% | — |
| Other services | $459,000 | 2.9% | — |
From Pioneer Bancorp, Inc.'s 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| M3F, Inc. | $31.1M | 1.8M | 32.6% | ▼ 12.1% |
| Blackrock, Inc. | $10.8M | 631K | 11.3% | ▲ 4.8% |
| Vanguard Capital Management LLC | $8.3M | 484K | 8.7% | ▼ 7.9% |
| Alliancebernstein L.P. | $7.3M | 523K | 7.6% | ▲ 2.8% |
| Private Capital Management, LLC | $6.3M | 367K | 6.6% | ▲ 3.4% |
| Geode Capital Management, LLC | $4.5M | 266K | 4.8% | ▲ 14.1% |
| Dimensional Fund Advisors LP | $3.8M | 225K | 4.0% | ▲ 3.3% |
| State Street Corp | $3.1M | 180K | 3.2% | ▼ 0.8% |
| First Pacific Advisors, LP | $2.9M | 167K | 3.0% | 0.0% |
| Northern Trust Corp | $1.4M | 83K | 1.5% | ▲ 5.4% |
| Renaissance Technologies LLC | $1.2M | 73K | 1.3% | ▲ 4.6% |
| Empowered Funds, LLC | $1.2M | 72K | 1.3% | ▼ 4.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Pioneer Bancorp, Inc.'s complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 156 | $14.60 | $2,278 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 96 | $14.61 | $1,403 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 128 | $14.61 | $1,870 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 339 | $14.62 | $4,956 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 2 | $14.63 | $29 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 62 | $14.64 | $908 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 889 | $14.65 | $13,024 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 277 | $14.66 | $4,061 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 27 | $14.67 | $396 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 624 | $14.68 | $9,160 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 748 | $14.69 | $10,988 |
| Tomczak Jesse EVP and CBO | December 12, 2025 | Sell | 401 | $14.70 | $5,895 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around January 29, 2027 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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