Pioneer Bancorp's Q3 net interest income rises

Pioneer Bancorp

30/10/2025 21:29

Overview

Pioneer Bancorp Q3 net income falls to $4.3 mln from $6.3 mln yr/yr

Net interest income rises 12.9% to $20.2 mln for Q3 2025

Company completes acquisition of Brown Financial Management Group

Outlook

Pioneer did not provide specific financial guidance for future periods

Result Drivers

NET INTEREST INCOME GROWTH - Increase driven by higher average yield and balance of interest-earning assets

WEALTH MANAGEMENT EXPANSION - Acquisition of Brown Financial Management Group adds $73 mln in assets under management

DEPOSIT BASE GROWTH - Increase in diversified deposit base, with significant rise in non-interest-bearing demand accounts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
$4.30 mln
Q1 Net Interest Income
$20.2 mln
Q1 Loan Loss Provision
$785,000
Q1 Net Interest Margin
4.16%
Q1 Pretax Profit
$5.60 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)