Pioneer Bancorp, Inc./MD 8K

Pioneer Bancorp, Inc. reported lower second quarter 2026 earnings year-over-year while growing loans, deposits, and net interest income, completing several strategic acquisitions, and continuing stock repurchases, with higher expenses and credit costs partly offsetting operating gains.

Pioneer Bancorp, Inc. filed a Form 8-K to furnish its unaudited financial results for the three and six months ended June 30, 2026, reporting second quarter net income of $3.5 million (down from $6.5 million a year earlier) alongside strong growth in loans, deposits, and net interest income and margin, while also highlighting the completed acquisitions of Targeted Lending Co., LLC, Reiser Consulting Group, Inc., Wyndham Benefits, LLC, and The College Advisor of New York, which expanded its specialty finance, employee benefits, and college advisory capabilities but contributed to significantly higher noninterest expenses and rising net charge-offs, and updating investors on balance sheet growth, capital ratios, and ongoing stock repurchases under its existing buyback program.

Filing Facts

CIK

1769663

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-088689

Alert Tier

6