PBFS

In the past six months, Pioneer Bancorp's stock (PBFS) increased by 34.5% since the start of the year, trading at $18.13 as of September 18, 2026, with a 35.94% increase over the last 12 months and a 34.12% year-to-date return. Key events include the all-cash acquisition of Targeted Lending Co., LLC for approximately $140 million on April 24, 2026, creating a new Pioneer Specialty Financing division and adding a nationwide equipment financing platform. The company also expanded its employee benefits business by acquiring Reiser Consulting Group and Wyndham Benefits in April 2026, and launched a dedicated College Advising Division by acquiring The College Advisor of New York on July 29, 2026. For Q2 2026, net income was $3.5 million ($0.14 per share), down from $6.5 million ($0.26 per share) a year prior, with six-month net income at $8.8 million ($0.36 per share) versus $12.2 million ($0.49 per share) in the prior year. Despite a 13.6% loan portfolio increase and a robust net interest margin of 4.30% in Q2 2026, profitability ratios like return on average assets (0.79%) and return on average equity (5.45%) for the first six months of 2026 declined year-over-year. Asset quality remains solid with improving nonperforming loan ratios, though net charge-offs rose to $1.5 million in Q2 2026 due to a single commercial borrower. Shareholders backed directors, the auditor, and executive pay on May 20, 2026, and Michael T. Keegan was appointed to the Board of Directors in July 2026.