Business
Pioneer Bankcorp announces year end earnings of $11.39 million or $10.34 per share
Pioneer Bankcorp announces year end earnings of $11.39 million or $10.34 per share.
About this update from Pioneer Bankcorp Inc.
[{"type":"text","content":"CLEWISTON, FL, January 30, 2026 –\r\n Pioneer Bankcorp, Inc (OTC Markets: PBKC), the parent company of First Bank,\r\n announced its financial results for the twelve months ended December 31, 2025.\r\n The company demonstrated strong performance in several key financial areas,\r\n with notable growth in its balance sheet, increased profitability, and\r\n sustained credit quality compared to the previous year ending December 31,\r\n 2024.\r\n\r\n \r\n\r\nHighlights of 2025 Performance\r\n\r\n· \r\n Net Income: Pioneer Bankcorp, Inc achieved net\r\n income of $11.39 million, reflecting a 26.0% increase year-over-year.\r\n\r\n· \r\n Earnings Per Share: Earnings per share rose\r\n 29.3% to $10.34.\r\n\r\n· \r\n Interest Income: Interest income grew 15.4% to\r\n $38.99 million, while interest expense increased 5.0%.\r\n\r\n· \r\n Net Interest Income: Net interest income totaled\r\n $30.35 million, an 18.8% increase over 2024.\r\n\r\n· \r\n Net Interest Margin: The net interest margin\r\n improved to 4.00%.\r\n\r\n· \r\n Return on Assets and Equity: Return on average\r\n assets rose to 1.44% and return on average equity climbed to 16.95%.\r\n\r\n· \r\n Operating Efficiency: The overhead efficiency\r\n ratio improved to 53.99%, indicating enhanced operational effectiveness.\r\n\r\n \r\n\r\nBalance Sheet Growth\r\n\r\n· \r\n Total Assets: Increased 10.3% to $814.8 million.\r\n\r\n· \r\n Net Loans: Grew 9.0% to $477.4 million.\r\n\r\n· \r\n Investment Portfolio: Expanded 23.2% to $222.9\r\n million.\r\n\r\n· \r\n Deposits: Rose 9.4% to $729.8 million,\r\n showcasing sustained customer confidence.\r\n\r\n· \r\n Stockholders’ Equity: Increased 21.9% to $72.9\r\n million.\r\n\r\n· \r\n Tangible Book Value Per Share: Rose 25.0% to\r...