NASDAQ · Financial Statements

Pathfinder Bancorp, Inc. (PBHC) Financial Statements

$16.72 NASDAQ: PBHC Market Cap $104.98M

Pathfinder Bancorp, Inc. most recently reported annual revenue of $79.0M, a net loss of $3.0M. Revenue grew at an average annual rate of 10.5% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Pathfinder Bancorp, Inc.: Revenue rose from $28.0M in 2016 to $79.0M in 2025, a change of +182.1% over 9 years; net profit was positive in 9 of 10 reported years; operating margin moved from 15.6% to -5.2%, a shift of -20.8 percentage points; the most recent year shows a net loss of $3.0M.

Income Statement — 10 Years (USD millions)

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	$28.0M	$33.0M	$38.0M	$46.0M	$48.0M	$51.0M	$56.0M	$72.0M	$83.0M	$79.0M
Operating Expenses	$24.0M	$28.0M	$33.0M	$40.0M	$40.0M	$35.0M	$41.0M	$60.0M	$78.0M	$83.0M
Operating Profit	$4.0M	$4.0M	$5.0M	$5.0M	$8.0M	$16.0M	$16.0M	$12.0M	$5.0M	$-4.0M
Operating Margin	15.6%	13.3%	12.1%	11.9%	17.3%	31.4%	27.8%	16.4%	6.2%	-5.2%
Other Income	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Interest	$4.0M	$6.0M	$9.0M	$14.0M	$11.0M	$8.0M	$10.0M	$29.0M	$37.0M	$32.0M
Depreciation	$1.0M	$1.0M	$1.0M	$2.0M	$1.0M	$2.0M	$1.0M	$1.0M	$1.0M	$2.0M
Profit Before Tax	$4.0M	$4.0M	$5.0M	$5.0M	$8.0M	$16.0M	$16.0M	$12.0M	$5.0M	$-4.0M
Tax	$25.2M	$21.2M	$12.0M	$21.4M	$15.5M	$21.9M	$16.9M	$20.0M	$6.4M	$16.5M
Net Profit	$3.0M	$3.0M	$4.0M	$4.0M	$7.0M	$12.0M	$13.0M	$9.0M	$3.0M	$-3.0M
EPS	$0.78	$0.72	$0.94	$0.80	$1.19	$2.07	$2.13	$1.51	$0.42	$-0.54
Dividend Payout	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

Metric	Sep '23	Dec '23	Mar '24	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
Revenue	$19.0M	$19.0M	$20.0M	$20.0M	$23.0M	$21.0M	$21.0M	$18.0M	$21.0M	$20.0M	$19.0M	$19.0M
Operating Expenses	$16.0M	$16.0M	$17.0M	$18.0M	$28.0M	$15.0M	$17.0M	$18.0M	$21.0M	$28.0M	$16.0M	$16.0M
Operating Profit	$3.0M	$3.0M	$3.0M	$2.0M	$-6.0M	$6.0M	$4.0M	$0	$1.0M	$-9.0M	$3.0M	$3.0M
Operating Margin	14.9%	16.3%	13.5%	12.5%	-25.6%	27.7%	18.0%	0.2%	3.2%	-43.5%	15.6%	16.9%
Interest	$8.0M	$9.0M	$9.0M	$10.0M	$9.0M	$9.0M	$8.0M	$8.0M	$8.0M	$8.0M	$7.0M	$8.0M
Profit Before Tax	$3.0M	$3.0M	$3.0M	$2.0M	$-6.0M	$6.0M	$4.0M	$0	$1.0M	$-9.0M	$3.0M	$3.0M
Tax	$20.7M	$18.6M	$19.7M	$19.3M	$20.3M	$8.6M	$20.0M	$18.4M	$6.8M	$17.3M	$18.0M	$18.0M
Net Profit	$2.0M	$3.0M	$2.0M	$2.0M	$-5.0M	$4.0M	$3.0M	$0	$1.0M	$-7.0M	$2.0M	$3.0M
EPS	$0.35	$0.41	$0.34	$0.32	$-0.75	$0.69	$0.41	$0.01	$0.10	$-1.11	$0.38	$0.42

Over the 10 years reported for Pathfinder Bancorp, Inc., borrowings increased from $74.0M in 2016 to $107.0M in 2025, cash stood at $12.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 26.41 times.

Balance Sheet — 10 Years (USD millions)

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Assets	$749.0M	$881.0M	$933.0M	$1.1B	$1.2B	$1.3B	$1.4B	$1.5B	$1.5B	$1.4B
Current Assets	$167.0M	$196.0M	$207.0M	$135.0M	$176.0M	$232.0M	$233.0M	$315.0M	$308.0M	$1.2B
Cash	$22.0M	$22.0M	$26.0M	$20.0M	$43.0M	$37.0M	$35.0M	$49.0M	$32.0M	$12.0M
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Receivables	$3.0M	$3.0M	$3.0M	$4.0M	$5.0M	$5.0M	$6.0M	$7.0M	$7.0M	$874.0M
Fixed Assets	$15.0M	$16.0M	$21.0M	$25.0M	$25.0M	$24.0M	$24.0M	$24.0M	$37.0M	$35.0M
Capital Work in Progress	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Investments	$683.0M	$811.0M	$845.0M	$1.0B	$1.1B	$1.2B	$1.3B	$1.3B	$1.3B	$1.3B
Other Assets	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M
Total Liabilities	$691.0M	$820.0M	$869.0M	$1.0B	$1.1B	$1.2B	$1.3B	$1.3B	$1.4B	$1.3B
Current Liabilities	$653.0M	$754.0M	$766.0M	$907.0M	$1.0B	$1.1B	$1.2B	$1.2B	$1.3B	$44.0M
Borrowings	$74.0M	$89.0M	$134.0M	$111.0M	$124.0M	$110.0M	$153.0M	$212.0M	$137.0M	$107.0M
Other Liabilities	$617.0M	$731.0M	$735.0M	$892.0M	$1.0B	$1.1B	$1.1B	$1.1B	$1.2B	$1.2B
Equity	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Reserves	$58.0M	$62.0M	$64.0M	$90.0M	$97.0M	$110.0M	$111.0M	$119.0M	$121.0M	$121.0M

For Pathfinder Bancorp, Inc., operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $10.0M; free cash flow was positive in 10 of 10 years; financing activities used $21.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating Cash Flow	$6.0M	$7.0M	$9.0M	$8.0M	$47.0M	$20.0M	$22.0M	$15.0M	$11.0M	$11.0M
Investing Cash Flow	$-123.0M	$-136.0M	$-58.0M	$-166.0M	$-150.0M	$-71.0M	$-136.0M	$-57.0M	$-31.0M	$40.0M
Financing Cash Flow	$119.0M	$113.0M	$4.0M	$155.0M	$110.0M	$53.0M	$71.0M	$-5.0M	$84.0M	$-21.0M
Net Cash Flow	$7.0M	$0	$4.0M	$-6.0M	$23.0M	$-6.0M	$-2.0M	$13.0M	$-17.0M	$0
Free Cash Flow	$5.0M	$5.0M	$3.0M	$5.0M	$45.0M	$19.0M	$17.0M	$13.0M	$3.0M	$10.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	0.13
EV / EBITDA	—
FCF Yield	—
Quick Ratio	—
Interest Coverage	—
Return 1Y	10.61%
Return 3Y	26.19%
Return 5Y	16.12%

Pathfinder Bancorp, Inc. (PBHC) financials — frequently asked questions

What is Pathfinder Bancorp, Inc.'s annual revenue?

Pathfinder Bancorp, Inc. (PBHC) reported annual revenue of $79.0M in its most recent fiscal year.

What is Pathfinder Bancorp, Inc.'s net profit?

Pathfinder Bancorp, Inc. (PBHC) reported a net loss of $3.0M in its most recent fiscal year.

Related stock screens

High ROE Financial Services Stocks Low P/E Financial Services Stocks High Net Margin Financial Services Stocks Dividend Financial Services Stocks Low Debt Financial Services Stocks High ROE Stocks Low P/E Stocks High Net Margin Stocks Dividend Stocks Low Debt Stocks Nasdaq High ROE Stocks All stock screens

PBHC Overview PBHC Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.