Pioneer Bancorp, Inc. (PBFS)

Pioneer Bancorp Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest Income on Loans	76.78	72.38	55.23	39.56	42.39	49.51
Interest Income on Investments	15.76	15.94	15.8	4.29	1.53	4.01
Total Interest Income	92.54	88.32	71.03	43.84	43.93	53.52
Interest Paid on Deposits	22.99	20.67	4.62	1.37	2.03	4.61
Interest Paid on Borrowings	1.03	1.13	0.87	0.1	0.08	0.12
Total Interest Expense	24.02	21.8	5.49	1.46	2.11	4.73
Net Interest Income	68.52	66.51	65.54	42.38	41.82	48.79
Net Interest Income Growth (YoY)	2.64%	1.48%	54.66%	1.34%	-14.29%	-1.79%
Gain (Loss) on Sale of Assets	-	-	-	0.28	0.01	-0.03
Gain (Loss) on Sale of Investments	-4.83	-4.91	0.37	0	1.82	0.01
Other Non-Interest Income	15.75	15.29	13.77	13.8	13.92	15.7
Total Non-Interest Income	10.92	10.38	14.15	14.07	15.75	15.68
Non-Interest Income Growth (YoY)	-21.51%	-26.63%	0.53%	-10.64%	0.43%	8.85%
Revenues Before Loan Losses	79.44	76.89	79.69	56.45	57.57	64.47
Provision for Loan Losses	1.08	2.7	-	-0.55	4.05	6.79
Revenue	78.36	74.19	79.69	57	53.52	57.68
Revenue Growth (YoY)	-2.10%	-6.90%	39.80%	6.51%	-7.22%	-6.57%
Salaries and Employee Benefits	28.98	28.6	26.91	25.27	25.8	23.99
Occupancy Expenses	6.58	6.57	6.42	6.17	5.75	5.43
Federal Deposit Insurance	1.09	1.09	0.86	0.77	1.44	0.12
Selling, General & Administrative	17.47	17.87	11.46	9.78	9.24	9.38
Other Non-Interest Expense	6.9	6.61	6.18	5.51	4.13	4.83
Total Non-Interest Expense	61.02	60.73	51.83	47.49	46.36	49.19
EBT Excluding Unusual Items	17.35	13.46	27.86	9.51	7.16	8.5
Legal Settlements	5.95	5.95	-	-1.2	-4.5	-
Other Unusual Items	-	-	-	5.03	-	-2.5
Pretax Income	23.3	19.41	27.86	13.34	2.66	6
Income Tax Expense	5.15	4.15	5.91	3.06	1.58	0.8
Net Income	18.15	15.26	21.95	10.28	1.08	5.2
Net Income to Common	18.15	15.26	21.95	10.28	1.08	5.2
Net Income Growth	-9.85%	-30.47%	113.52%	854.41%	-79.28%	-72.67%
Basic Shares Outstanding	25	25	25	25	25	25
Diluted Shares Outstanding	25	25	25	25	25	25
Shares Change (YoY)	0.12%	0.21%	0.15%	0.25%	0.22%	-3.71%
EPS (Basic)	0.72	0.61	0.87	0.41	0.04	0.21
EPS (Diluted)	0.72	0.61	0.87	0.41	0.04	0.21
EPS Growth	-9.97%	-30.38%	112.71%	922.53%	-80.75%	-71.61%
Effective Tax Rate	22.09%	21.38%	21.21%	22.93%	59.51%	13.29%

Source: S&P Capital IQ. Banks template. Financial Sources.