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	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest Income on Loans	88.32	88.32	55.23	39.56	42.39	49.51
Interest Income on Investments	-	-	15.8	4.29	1.53	4.01
Total Interest Income	88.32	88.32	71.03	43.84	43.93	53.52
Interest Paid on Deposits	21.8	21.8	4.62	1.37	2.03	4.61
Interest Paid on Borrowings	-	-	0.87	0.1	0.08	0.12
Total Interest Expense	21.8	21.8	5.49	1.46	2.11	4.73
Net Interest Income	66.51	66.51	65.54	42.38	41.82	48.79
Net Interest Income Growth (YoY)	1.48%	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	-	-	0.37	0	1.82	0.01
Other Non-Interest Income	10.33	10.33	13.77	13.8	13.92	15.7
Total Non-Interest Income	10.33	10.33	14.15	14.07	15.75	15.68
Non-Interest Income Growth (YoY)	-26.99%	-26.99%	0.53%	-10.64%	0.43%	8.85%
Revenues Before Loan Losses	76.84	76.84	79.69	56.45	57.57	64.47
Provision for Loan Losses	2.7	2.7	-	-0.55	4.05	6.79
Revenue	74.14	74.14	79.69	57	53.52	57.68
Revenue Growth (YoY)	-6.96%	-6.96%	39.80%	6.51%	-7.22%	-6.57%
Salaries and Employee Benefits	-	-	26.91	25.27	25.8	23.99
Occupancy Expenses	-	-	6.42	6.17	5.75	5.43
Federal Deposit Insurance	-	-	0.86	0.77	1.44	0.12
Selling, General & Administrative	-	-	11.46	9.78	9.24	9.38
Other Non-Interest Expense	60.73	60.73	6.18	5.51	4.13	4.83
Total Non-Interest Expense	60.73	60.73	51.83	47.49	46.36	49.19
EBT Excluding Unusual Items	13.41	13.41	27.86	9.51	7.16	8.5
Legal Settlements	6	6	-	-1.2	-4.5	-
Other Unusual Items	-	-	-	5.03	-	-2.5
Pretax Income	19.41	19.41	27.86	13.34	2.66	6
Income Tax Expense	4.15	4.15	5.91	3.06	1.58	0.8
Net Income	15.26	15.26	21.95	10.28	1.08	5.2
Net Income to Common	15.26	15.26	21.95	10.28	1.08	5.2
Net Income Growth	-30.47%	-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)	0.21%	0.21%	0.15%	0.25%	0.22%	-3.71%
EPS (Basic)	0.61	0.61	0.87	0.41	0.04	0.21
EPS (Diluted)	0.61	0.61	0.87	0.41	0.04	0.21
EPS Growth	-30.38%	-30.38%	112.71%	922.53%	-80.75%	-71.61%
Effective Tax Rate	21.38%	21.38%	21.21%	22.93%	59.51%	13.29%

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