Pioneer Bancorp (PBFS)
Runs New York community banking alongside insurance, wealth management, HR consulting, and specialty finance.
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Combines deposit-funded community banking in New York's Capital Region with insurance, employee benefits, wealth management, and HR consulting. Residential mortgages and commercial real estate are major loan categories, municipal deposits are an important funding source, and MHC control remains a governance feature.
Operates through Pioneer Bank, National Association, taking deposits from individuals, businesses, and municipalities and using that funding for residential mortgages, commercial real estate, commercial and industrial, construction, home-equity, and consumer lending. Fee-service arms include Pioneer Insurance Agency, Pioneer Wealth Management, Pioneer Consulting Solutions, and Pioneer Capital Markets.
Serves New York's Capital Region as the primary market, with offices also described across the Hudson Valley and Western New York. The model emphasizes relationship banking, diversified deposits, and added services that make the bank more than a deposit-and-loan provider.
Net interest income depends on the spread between loans, investments, deposits, and borrowings. Commercial real estate and construction credit, municipal deposits, MHC majority ownership, OCC bank supervision, and the Mann Entities litigation frame the operating context.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $198.2M · Total debt $0 · Total assets $2.22B · Shareholders' equity $328.6M
- Revenue
- $37.3M
- Operating income
- $9.0M
- Net income
- $3.5M
No dividends on record.
| Institutions81 holders · as of Mar 31, 2026 | 23.42% | 5.87M shares | |
| Insiders8 holders · as of Aug 19, 2026 | 57.66% | 14.46M shares | |
| Strategic holders1 holder · as of Nov 14, 2025 | 7.51% | 1.88M shares | |
| Otherremainder | 11.41% | 2.86M shares |
25.08M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Bancorp MHC PioneerInsider10 percent owner | 56.98% | 14.29M | 13Dfiled Jul 18, 2019 ↗ |
M3F, Inc.Institution | 8.26% | 2.07M | 13Fas of Mar 31, 2026 |
M3 Funds, LLCStrategic | 7.51% | 1.88M | 13Gfiled Nov 14, 2025 ↗ |
BlackRock, Inc.Institution | 2.40% | 602,142 | 13Fas of Mar 31, 2026 |
Vanguard Capital Management LLCInstitution | 2.10% | 525,673 | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 12, 2025 | Jesse Tomczak | officer: EVP and CBO | −5,395 | $14.69 |
- TrustCo
Dense Capital Region branch overlap in deposits and mortgages
- M&T Bank
Large New York regional bank pressure in retail and commercial banking
- KeyCorp
Named regional-bank rival for deposits, loans, and cash management
- Citizens Financial Group
Northeast super-regional overlap in consumer and commercial banking
- Arrow Financial
Nearby Glens Falls-Saratoga banking, wealth, and insurance peer
- Chemung Financial
Capital Bank division overlaps in Albany-area commercial banking
- Toronto-Dominion Bank
Northeast retail and business-bank rival with U.S. wealth capabilities
- Community Financial System
Capital District and upstate diversified banking-services peer
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Pioneer Bancorp | $18.05 | −1.20% | $454.6M | 26.3 | — | 3.4 | +17.4% |
| TrustCo | $57.37 | +2.17% | $975.4M | 15.9 | — | 4.0 | +8.7% |
| M&T Bank | $235.48 | +0.01% | $34.13B | 12.4 | 11.8 | 2.7 | +5.7% |
| KeyCorp | $21.83 | +0.16% | $23.53B | 12.7 | 11.1 | 2.2 | +7.3% |
| Citizens Financial Group | $70.00 | +0.36% | $29.51B | 15.2 | 11.9 | 2.6 | +12.1% |
| Arrow Financial | $38.99 | +0.39% | $641.7M | 12.4 | 9.6 | 3.0 | +10.1% |
| Chemung Financial | $83.94 | +5.07% | $404.4M | 12.1 | 10.9 | 2.9 | +39.6% |
| Toronto-Dominion Bank | $121.00 | −0.40% | $205.22B | 18.0 | 15.3 | 2.5 | −22.1% |
| Community Financial System | $62.99 | +0.02% | $3.31B | 14.6 | 13.0 | 3.2 | +9.6% |
| Median | 13.6 | 11.8 | 2.8 | +9.2% |