Pathfinder Bancorp Earnings Report Released

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) has announced its earnings results as of Friday. During the most recent quarter, this savings and loans company reported earnings per share (EPS) of $0.69, as indicated by Zacks. The bank demonstrated a return on equity of 1.65% and achieved a net margin of 2.42%.

Pathfinder Bancorp Stock Overview

On Friday, shares of Pathfinder Bancorp traded down by $0.32, reaching a price of $16.68 during midday trading. The volume of shares exchanged was 2,561, which is below the company’s average trading volume of 10,809 shares. Currently, the 50-day moving average price stands at $17.07, while the 200-day moving average price is recorded at $16.56. The bank has a debt-to-equity ratio of 0.33 and both its current and quick ratios are 0.74. Over the past year, Pathfinder Bancorp has experienced a low of $11.41 and a high of $19.86. The company's market capitalization is approximately $78.73 million, presenting a price-to-earnings ratio of 52.13, with a beta of 0.22.

Dividend Information

Recently, Pathfinder Bancorp declared a quarterly dividend which is scheduled to be paid on Friday, February 7th. Shareholders who are recorded as of January 17th will receive a dividend of $0.10 per share. This amounts to an annualized dividend of $0.40 and a yield of 2.40%. The ex-dividend date is also set for January 17th, and the current dividend payout ratio is 125.00%.

Insider Activity

In other news, director Eric Allyn sold 8,169 shares of Pathfinder Bancorp on Thursday, December 5th. The shares were sold for an average price of $16.80 each, totaling $137,239.20. Following this transaction, the director holds 6,124 shares, with an estimated value of $102,883.20. This sale represents a decrease of 57.15% in their overall position within the company. This transaction was officially reported to the Securities and Exchange Commission (SEC), and insider ownership currently stands at 22.40%.

Company Overview

Pathfinder Bancorp, Inc serves as the bank holding company for Pathfinder Bank, offering a wide range of banking and financial products and services across New York. The company’s offerings include various deposit products such as checking and savings accounts, money market accounts, certificates of deposit, as well as demand and time deposits.

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