Pioneer Bancorp, Inc. · NASDAQ:PBFS
Pioneer Bancorp — Merger or Acquisition (April 2026)
6 slides from Pioneer Bancorp's merger presentation, Apr 28, 2026
Slide 1: Acquisition of Targeted Lending Co., LLC: Launching of Pioneer Specialty Financing Division
Acquisition of Targeted Lending Co., LLC Launching of Pioneer Specialty Financing Division April 28, 2026 | NASDAQ: PBFS
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain of the matters discussed in this communication constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. These forward-loo
Slide 3: About Targeted Lending Co., LLC
About Targeted Lending Co., LLC Targeted Lending is an equipment financing company with approximately $120 million of equipment loans on its balance sheet with more than 2,000 business customers. Targeted Lending specializes in small-ticket equipment financing, offering loans of up to $400,000 f
Slide 4: Equipment Loan Portfolio Summary
Equipment Loan Portfolio Summary Loan Portfolio* Approximately $120 million of equipment loans on its balance sheet. Structured as Equipment Finance Agreements: Full payout non-cancellable agreements. Personal guarantees of all principals of the business. Even payment streams and no residu
Slide 5: Strategic and Financial Benefits
Strategic and Financial Benefits Strategic Benefits Financial Benefits Launch of a Specialty Lending division focused on financing essential business equipment and vehicles. Adds a seasoned management team with extensive experience in credit underwriting, portfolio management and operations with
Slide 6: Investor Relations Contact
Investor Relations Contact: Patrick J. Hughes EVP & Chief Financial Officer (518) 730-3025 InvestorRelations@pioneerny.com