Pioneer Bancorp (PBFS) Q4 2025 earnings summary

Executive summary

• Net income for the year ended December 31, 2025 was $20.3 million, up from $15.3 million for the fiscal year ended June 30, 2024.

• Net income for Q4 2025 was $3.7 million, compared to $3.3 million for Q4 2024.

• Record net interest income driven by strong loan portfolio growth and diversified deposit base.

• Completed acquisition of Brown Financial Management Group and launched Pioneer Capital Markets, Inc.

Financial highlights

• Net loans receivable at December 31, 2025 were $1.65 billion, up 14.8% year-over-year.

• Deposits reached $1.74 billion, up 9.6% from December 31, 2024.

• Total assets grew to $2.15 billion, an 8.6% increase from the prior year.

• Net interest income for the year was $79.1 million, up 19.0% year-over-year.

• Noninterest income for the year was $17.1 million, up 5.0% year-over-year.

• Noninterest expense for the year was $66.1 million, up 8.8% year-over-year.

Outlook and guidance

• Focus remains on delivering long-term value, investing in employee engagement, client experience, and community development.

• Ongoing strategy to diversify products and services and increase noninterest income.