Pathfinder Bancorp, Inc. (PBHC) Form 8-K — Nov 2, 2026
Pathfinder Bancorp (NASDAQ: PBHC) reported Q3 2026 net income of $2.1 million, or $0.32 per diluted share, up sharply from $626,000 or $0.10 a year ago but down from $0.42 in the second quarter. Credit quality remains the key story: net charge-offs of $4.3 million in the quarter were driven by previously identified commercial loans and were fully covered by specific reserves established during the 2025 portfolio review. Nonperforming loans improved to $30.3 million (3.47% of loans) from $35.7 million in the prior quarter.
Key figures
- Eps
- 0.32
- Revenue
- $12.0 million (non-GAAP total revenue, Q3 2026)
- Net Income
- $2.1 million (Q3 2026)
- Total Debt
- $185.7 million (short-term + long-term borrowings + subordinated debt)
- Total Assets
- $1.49 billion
- Cash Position
- $41.7 million (total cash and cash equivalents)
- Shares Outstanding
- 6279000
- Acl
- $22.7 million (2.60% of loans)
- Loans
- $873.0 million
- Deposits
- $1.16 billion
- Eps year ago
- 0.1
- Net charge offs
- $4.3 million (1.96% annualized of average loans)
- Efficiency ratio
- 78.13%
- Eps prior quarter
- 0.42
- Dividend per share
- $0.10
- Net interest margin
- 3.07%
- Nonperforming loans
- $30.3 million (3.47% of loans)
- Book value per share
- $18.91
- Return on avg assets
- 0.66%
- Net interest income q3 2026
- $10.7 million
- Pre tax pre provision income
- $2.6 million
- Tangible book value per share
- $17.33
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