Pioneer Bancorp (NASDAQ:PBFS) Posts Quarterly Earnings Results

Pioneer Bancorp (NASDAQ:PBFS) posted its quarterly earnings data on Thursday. The company reported $0.13 earnings per share for the quarter, Zacks reports. Pioneer Bancorp had a return on equity of 6.19% and a net margin of 16.59%.

Pioneer Bancorp Price Performance

Shares of NASDAQ PBFS traded up $0.13 during trading hours on Thursday, hitting $11.79. 6,615 shares of the company’s stock were exchanged, compared to its average volume of 19,638. Pioneer Bancorp has a 1-year low of $8.76 and a 1-year high of $12.00. The stock has a market capitalization of $306.23 million, a price-to-earnings ratio of 16.15 and a beta of 0.49. The company’s 50-day moving average price is $11.51 and its 200-day moving average price is $11.20.

About Pioneer Bancorp

Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.