1.Sales and profit
See section β- Pathfinder Bancorp, Inc. had $46.8M of revenue in fiscal 2025, down 7.4% on the year before. Over five years, revenue changed +4.2% a year on average.
- Pathfinder Bancorp, Inc. lost $1.9M in fiscal 2025.
Pathfinder Bancorp, Inc.
PBHC Nasdaq State Commercial Banks Financials FY2016βFY2025
Pathfinder Bancorp, Inc. had $46.8M of revenue in fiscal 2025, down 7.4% on the year before. Over five years, revenue changed +4.2% a year on average.
Last close Β· Oct 26, 2026
$16.80
0.5%KIRAβs summary AI analyst
Hi! I read Pathfinder Bancorp, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
3 to watch
2.Cash and shareholders
See section β- Pathfinder Bancorp, Inc. returned $1.9M to shareholders in fiscal 2025, 18% of free cash flow.
- In the last 12 months, insiders bought $0.1M of shares on the open market and sold none.
3.Financial health
See section β- It earned β1.6% on shareholdersβ money. Running costs took 73.8% of revenue (the efficiency ratio; lower is better).
Pathfinder Bancorp, Inc. in 30 seconds
Good So-so Weak
Weak
Are sales growing?
β7.4%
No. Sales fell 7.4% last year.
Weak
Does it make a profit?
β4.1%
No. It lost money last year.
Weak
How lean are its costs?
73.8%
Costly. Running costs take 73.8% of revenue.
Weak
How much does it earn on its capital?
β1.6%
Low. It earns β1.6% a year on shareholdersβ money.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
β
Oct 26 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Revenue and margins
KIRA Β· Pathfinder Bancorp, Inc. had $46.8M of revenue in fiscal 2025, down 7.4% on the year before. Over five years, revenue changed +4.2% a year on average.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
FY16
Revenue $24.5M
FY17
Revenue $27.2M
FY18
Revenue $29.6M
FY19
Revenue $33.1M
FY20
Revenue $38.1M
FY21
Revenue $44.5M
FY22
Revenue $47.3M
FY23
Revenue $44.1M
FY24
Revenue $50.6M
FY25
Revenue $46.8M
Revenue
Q3 '23
Revenue $11.3M
Q4 '23
Revenue $10.5M
Q1 '24
Revenue $11.1M
Q2 '24
Revenue $10.7M
Q3 '24
Revenue $13.4M
Q4 '24
Revenue $15.3M
Q1 '25
Revenue $12.6M
Q2 '25
Revenue $9.3M
Q3 '25
Revenue $13.1M
Q4 '25
Revenue $11.8M
Q1 '26
Revenue $11.5M
Q2 '26
Revenue $11.8M
Net interest income share and efficiency ratio
FY16
Net interest share 82.9%
Efficiency ratio 78.1%
FY17
Net interest share 85.0%
Efficiency ratio 77.5%
FY18
Net interest share 87.0%
Efficiency ratio 79.6%
FY19
Net interest share 85.2%
Efficiency ratio 77.6%
FY20
Net interest share 83.0%
Efficiency ratio 65.8%
FY21
Net interest share 86.0%
Efficiency ratio 61.8%
FY22
Net interest share 87.5%
Efficiency ratio 61.0%
FY23
Net interest share 88.2%
Efficiency ratio 66.6%
FY24
Net interest share 81.1%
Efficiency ratio 68.1%
FY25
Net interest share 94.7%
Efficiency ratio 73.8%
Net interest share
Efficiency ratio
Net interest income share and efficiency ratio
Q3 '23
Net interest share 89.4%
Efficiency ratio 68.0%
Q4 '23
Net interest share 87.4%
Efficiency ratio 67.2%
Q1 '24
Net interest share 84.4%
Efficiency ratio 69.2%
Q2 '24
Net interest share 88.7%
Efficiency ratio 74.0%
Q3 '24
Net interest share 87.3%
Efficiency ratio 76.3%
Q4 '24
Net interest share 67.9%
Efficiency ratio 55.9%
Q1 '25
Net interest share 90.5%
Efficiency ratio 66.9%
Q2 '25
Net interest share 116.3%
Efficiency ratio 86.7%
Q3 '25
Net interest share 88.5%
Efficiency ratio 68.2%
Q4 '25
Net interest share 88.9%
Efficiency ratio 77.4%
Q1 '26
Net interest share 90.2%
Efficiency ratio 75.8%
Q2 '26
Net interest share 89.6%
Efficiency ratio 73.7%
Net interest share
Efficiency ratio
Net income and earnings per share
KIRA Β· Pathfinder Bancorp, Inc. lost $1.9M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
FY16
Net income $3.3M
FY17
Net income $3.5M
FY18
Net income $4.0M
FY19
Net income $4.3M
FY20
Net income $7.0M
FY21
Net income $12.4M
FY22
Net income $12.9M
FY23
Net income $9.3M
FY24
Net income $3.4M
FY25
Net income β$1.9M
Net income
Q3 '23
Net income $2.2M
Q4 '23
Net income $2.5M
Q1 '24
Net income $2.1M
Q2 '24
Net income $2.0M
Q3 '24
Net income β$4.6M
Q4 '24
Net income $3.9M
Q1 '25
Net income $3.0M
Q2 '25
Net income $0.0M
Q3 '25
Net income $0.6M
Q4 '25
Net income β$5.6M
Q1 '26
Net income $2.4M
Q2 '26
Net income $2.7M
Diluted EPS
FY16
Diluted EPS $0.78
FY17
Diluted EPS $0.83
FY18
Diluted EPS $0.94
FY19
Diluted EPS $0.80
FY20
Diluted EPS $1.17
FY21
Diluted EPS β
FY22
Diluted EPS β
FY23
Diluted EPS β
FY24
Diluted EPS β
FY25
Diluted EPS β
Diluted EPS
Q3 '23
Diluted EPS β
Q4 '23
Diluted EPS β
Q1 '24
Diluted EPS β
Q2 '24
Diluted EPS $0.41
Q3 '24
Diluted EPS $0.41
Q4 '24
Diluted EPS β
Q1 '25
Diluted EPS β
Q2 '25
Diluted EPS $0.47
Q3 '25
Diluted EPS $0.47
Q4 '25
Diluted EPS β
Q1 '26
Diluted EPS β
Q2 '26
Diluted EPS β
Cash and shareholders
How much cash comes in, and where does it go?
Dividends, buybacks and share count
KIRA Β· Pathfinder Bancorp, Inc. returned $1.9M to shareholders in fiscal 2025, 18% of free cash flow.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
FY16
Dividends $0.9M
Buybacks $1.8M
FY17
Dividends $0.9M
Buybacks $0.0M
FY18
Dividends $1.0M
Buybacks β
FY19
Dividends $1.1M
Buybacks β
FY20
Dividends $1.1M
Buybacks β
FY21
Dividends $1.2M
Buybacks β
FY22
Dividends $1.6M
Buybacks β
FY23
Dividends $1.7M
Buybacks β
FY24
Dividends $1.8M
Buybacks β
FY25
Dividends $1.9M
Buybacks β
Dividends
Buybacks
Dividends and buybacks
Q3 '23
Dividends $0.4M
Buybacks β
Q4 '23
Dividends $0.4M
Buybacks β
Q1 '24
Dividends $0.4M
Buybacks β
Q2 '24
Dividends $0.5M
Buybacks β
Q3 '24
Dividends $0.5M
Buybacks β
Q4 '24
Dividends $0.5M
Buybacks β
Q1 '25
Dividends $0.1M
Buybacks β
Q2 '25
Dividends $0.8M
Buybacks β
Q3 '25
Dividends $0.5M
Buybacks β
Q4 '25
Dividends $0.5M
Buybacks β
Q1 '26
Dividends $0.1M
Buybacks β
Q2 '26
Dividends $0.8M
Buybacks β
Dividends
Buybacks
Diluted shares outstanding (annual)
FY16
Diluted shares 0.00B
FY17
Diluted shares 0.00B
FY18
Diluted shares 0.00B
FY19
Diluted shares 0.00B
FY20
Diluted shares 0.00B
FY21
Diluted shares β
FY22
Diluted shares β
FY23
Diluted shares β
FY24
Diluted shares β
FY25
Diluted shares β
Insider trades
KIRA Β· In the last 12 months, insiders bought $0.1M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.1M
4 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 15, 2026 | Joseph PolniakFVP, General Counsel | Bought | 1,000 | $15.88 | $0.0M | Form 4 |
| Jun 2, 2026 | James A. DowdPresident and CEO | Bought | 1,400 | $13.69 | $0.0M | Form 4 |
| Feb 13, 2026 | Adam C. GagasDirector | Bought | 1,950 | $13.75 | $0.0M | Form 4 |
| Feb 12, 2026 | Adam C. GagasDirector | Bought | 6 | $13.50 | $0.0M | Form 4 |
| Feb 4, 2026 | David A. AyoubDirector | Bought | 425 | $12.83 | $0.0M | Form 4 |
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
Loans, deposits and capital at each fiscal year end.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Loans and deposits
FY16
Loans $492M
Deposits $611M
FY17
Loans $581M
Deposits $724M
FY18
Loans $620M
Deposits $727M
FY19
Loans $746M
Deposits $882M
FY20
Loans $824M
Deposits $996M
FY21
Loans $832M
Deposits $1.1B
FY22
Loans $898M
Deposits $1.1B
FY23
Loans $897M
Deposits $1.1B
FY24
Loans β
Deposits $1.2B
FY25
Loans β
Deposits $1.2B
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $832M | $898M | $897M | β | β |
| Deposits | $1.1B | $1.1B | $1.1B | $1.2B | $1.2B |
| Loans / deposits | 78.8% | 79.8% | 80.1% | β | β |
| Total assets | $1.3B | $1.4B | $1.5B | $1.5B | $1.4B |
| Shareholders' equity | $110M | $111M | $119M | $121M | $122M |
| Goodwill | $4.5M | $4.5M | $4.5M | $5.1M | $5.1M |
| Intangible assets | $0.1M | $0.1M | $0.1M | $6.0M | $5.4M |
| Provision / loans | 0.1% | 0.3% | 0.3% | β | β |
Returns and efficiency
KIRA Β· It earned β1.6% on shareholdersβ money. Running costs took 73.8% of revenue (the efficiency ratio; lower is better).
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
In plain words: Return on equity is the profit made on shareholdersβ money each year. The efficiency ratio is how much of each dollar of revenue goes on running costs, so lower is better.
Return on equity, return on tangible equity and efficiency ratio
FY16
ROE 5.6%
ROTE 6.1%
Efficiency ratio 78.1%
FY17
ROE 5.8%
ROTE 6.1%
Efficiency ratio 77.5%
FY18
ROE 6.4%
ROTE 6.8%
Efficiency ratio 79.6%
FY19
ROE 5.5%
ROTE 4.2%
Efficiency ratio 77.6%
FY20
ROE 7.4%
ROTE 5.8%
Efficiency ratio 65.8%
FY21
ROE 11.9%
ROTE 11.7%
Efficiency ratio 61.8%
FY22
ROE 11.7%
ROTE 12.2%
Efficiency ratio 61.0%
FY23
ROE 8.1%
ROTE 8.1%
Efficiency ratio 66.6%
FY24
ROE 2.8%
ROTE 3.1%
Efficiency ratio 68.1%
FY25
ROE β1.6%
ROTE β1.7%
Efficiency ratio 73.8%
ROE
ROTE
Efficiency ratio
All figures
Every number, year by year.
10 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $24.5M | $27.2M | $29.6M | $33.1M | $38.1M | $44.5M | $47.3M | $44.1M | $50.6M | $46.8M |
| Net interest income | $20.3M | $23.1M | $25.8M | $28.2M | $31.6M | $38.3M | $41.4M | $38.9M | $41.0M | $44.3M |
| Noninterest income | $4.2M | $4.1M | $3.8M | $4.9M | $6.5M | $6.2M | $5.9M | $5.2M | $9.6M | $2.5M |
| Noninterest expense | $19.1M | $21.1M | $23.5M | $25.7M | $25.1M | $27.5M | $28.9M | $29.4M | $34.4M | $34.6M |
| Provision for credit losses | $1.0M | $1.8M | $1.5M | $2.0M | $4.7M | $1.0M | $2.8M | $2.9M | $11.0M | $16.3M |
| Interest expense | $3.8M | $6.3M | $9.0M | $13.5M | $10.9M | $7.5M | $9.7M | $28.7M | β | β |
| Pretax income | $4.4M | $4.3M | $4.6M | $5.5M | $8.3M | $16.0M | $15.7M | $11.8M | $5.2M | β$4.1M |
| Income tax | $1.1M | $0.9M | $0.5M | $1.2M | $2.7M | $3.5M | $2.7M | $2.4M | $0.3M | β$2.2M |
| Net income | $3.3M | $3.5M | $4.0M | $4.3M | $7.0M | $12.4M | $12.9M | $9.3M | $3.4M | β$1.9M |
| Net income to common | $3.3M | $3.5M | $4.0M | $3.6M | $5.4M | β | β | β | β | β |
| Diluted EPS | $0.78 | $0.83 | $0.94 | $0.80 | $1.17 | β | β | β | β | β |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | β | β | β | β | β |
| Cash flow | ||||||||||
| Cash from operations | $6.4M | $6.8M | $9.0M | $8.1M | $46.6M | $20.2M | $21.7M | $15.4M | $11.2M | $11.7M |
| Capital expenditure | $1.4M | $2.0M | $5.7M | $3.6M | $1.3M | $1.2M | $1.9M | $2.0M | $2.1M | $1.3M |
| Free cash flow | $5.0M | $4.9M | $3.3M | $4.5M | $45.3M | $18.9M | $19.8M | $13.5M | $9.1M | $10.4M |
| Depreciation and amortization | $1.0M | $1.0M | $1.2M | $1.5M | $1.7M | $1.8M | $1.1M | $1.4M | $1.3M | $1.4M |
| Acquisitions | $0.0M | β | β | β | β | β | β | β | β | β |
| Share buybacks | $1.8M | $0.0M | β | β | β | β | β | β | β | β |
| Dividends paid | $0.9M | $0.9M | $1.0M | $1.1M | $1.1M | $1.2M | $1.6M | $1.7M | $1.8M | $1.9M |
| Dividends and buybacks | $2.6M | $0.9M | $1.0M | $1.1M | $1.1M | $1.2M | $1.6M | $1.7M | $1.8M | $1.9M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $22.4M | $22.0M | $26.3M | $20.2M | $43.5M | $37.1M | $35.3M | $48.7M | $31.6M | $31.2M |
| Total debt | $58.9M | $73.9M | $119M | $93.1M | $82.1M | $77.1M | $116M | $176M | $88.1M | $58.1M |
| Finance lease liabilities | β | β | β | $0.6M | $0.6M | $0.6M | $4.4M | $4.4M | $16.7M | $16.4M |
| Loans, net | $492M | $581M | $620M | $746M | $824M | $832M | $898M | $897M | β | β |
| Deposits | $611M | $724M | $727M | $882M | $996M | $1.1B | $1.1B | $1.1B | $1.2B | $1.2B |
| Property and equipment, net | $15.2M | $16.1M | $20.6M | $22.7M | $22.3M | $21.7M | $17.9M | $18.4M | $19.0M | $18.0M |
| Goodwill | $4.5M | $4.5M | $4.5M | $4.5M | $4.5M | $4.5M | $4.5M | $4.5M | $5.1M | $5.1M |
| Intangible assets | $0.2M | $0.2M | $0.2M | $0.1M | $0.1M | $0.1M | $0.1M | $0.1M | $6.0M | $5.4M |
| Total assets | $749M | $881M | $933M | $1.1B | $1.2B | $1.3B | $1.4B | $1.5B | $1.5B | $1.4B |
| Total liabilities | $691M | $819M | $869M | $1.0B | $1.1B | $1.2B | $1.3B | $1.3B | $1.4B | $1.3B |
| Preferred stock | $0.0M | β | β | $0.0M | $0.0M | β | β | β | β | β |
| Shareholders' equity | $57.9M | $61.8M | $64.2M | $90.4M | $97.5M | $110M | $111M | $119M | $121M | $122M |
| Margins | ||||||||||
| Net margin | 13.4% | 12.8% | 13.6% | 12.9% | 18.2% | 27.9% | 27.3% | 21.1% | 6.7% | β4.1% |
| FCF margin | 20.5% | 17.9% | 11.1% | 13.6% | 118.8% | 42.5% | 41.9% | 30.5% | 18.1% | 22.2% |
| Net interest share of revenue | 82.9% | 85.0% | 87.0% | 85.2% | 83.0% | 86.0% | 87.5% | 88.2% | 81.1% | 94.7% |
| Efficiency ratio | 78.1% | 77.5% | 79.6% | 77.6% | 65.8% | 61.8% | 61.0% | 66.6% | 68.1% | 73.8% |
| Returns | ||||||||||
| Return on equity | 5.6% | 5.8% | 6.4% | 5.5% | 7.4% | 11.9% | 11.7% | 8.1% | 2.8% | β1.6% |
| Return on assets | 0.4% | 0.4% | 0.4% | 0.4% | 0.6% | 1.0% | 1.0% | 0.6% | 0.2% | β0.1% |
| Return on tangible equity | 6.1% | 6.1% | 6.8% | 4.2% | 5.8% | 11.7% | 12.2% | 8.1% | 3.1% | β1.7% |
| Growth | ||||||||||
| Revenue growth | β | 11.2% | 8.8% | 12.0% | 15.0% | 16.8% | 6.3% | β6.8% | 14.6% | β7.4% |
| Net income growth | β | 6.7% | 15.5% | 6.1% | 62.5% | 78.5% | 4.2% | β28.1% | β63.6% | β157.1% |
| EPS growth | β | 6.4% | 13.3% | β14.9% | 46.3% | β | β | β | β | β |
| FCF growth | β | β2.8% | β32.4% | 37.5% | 901.3% | β58.2% | 4.7% | β32.1% | β32.1% | 13.9% |
| Share count change | β | β0.0% | 1.8% | 4.6% | 3.2% | β | β | β | β | β |
| Financial health | ||||||||||
| Debt / equity | 1.0x | 1.2x | 1.8x | 1.0x | 0.8x | 0.7x | 1.0x | 1.5x | 0.7x | 0.5x |
| Loans / deposits | 80.6% | 80.3% | 85.3% | 84.5% | 82.7% | 78.8% | 79.8% | 80.1% | β | β |
| Provision / loans | 0.2% | 0.3% | 0.2% | 0.3% | 0.6% | 0.1% | 0.3% | 0.3% | β | β |
| Capital allocation | ||||||||||
| Capex / revenue | 5.6% | 7.3% | 19.2% | 10.8% | 3.3% | 2.7% | 4.0% | 4.5% | 4.1% | 2.7% |
| Payouts / FCF | 52.3% | 18.2% | 31.2% | 24.1% | 2.5% | 6.5% | 7.9% | 12.6% | 20.1% | 18.3% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 4.0 | 5.0 | 4.0 | 6.0 | β | β | β | β | β |
| Accruals ratio | β0.4% | β0.4% | β0.5% | β0.4% | β3.4% | β0.6% | β0.7% | β0.4% | β0.5% | β0.9% |
Source: SEC EDGAR XBRL filings (CIK 0001609065). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.