Pathfinder Bancorp | 8-K: FY2025 Q3 Revenue: USD 12.99 M

Revenue: As of FY2025 Q3, the actual value is USD 12.99 M.

EPS: As of FY2025 Q3, the actual value is USD 0.1.

EBIT: As of FY2025 Q3, the actual value is USD -7.542 M.

Segment Revenue

• Net Interest Income: $11.6 million in Q3 2025, compared to $10.8 million in Q2 2025 and $11.7 million in Q3 2024.
• Noninterest Income: $1.5 million in Q3 2025, compared to -$1.5 million in Q2 2025 and $1.7 million in Q3 2024.

Operational Metrics

• Net Income: $626,000 in Q3 2025, compared to $31,000 in Q2 2025 and a net loss of -$4.6 million in Q3 2024.
• Provision Expense: $3.5 million in Q3 2025, compared to $1.2 million in Q2 2025 and $9.0 million in Q3 2024.
• Allowance for Credit Losses: $18.7 million at the end of Q3 2025, compared to $16.0 million at the end of Q2 2025 and $17.3 million at the end of Q3 2024.
• Net Charge Offs: $670,000 in Q3 2025, compared to $2.6 million in Q2 2025 and $8.7 million in Q3 2024.
• Efficiency Ratio: 68.77% in Q3 2025, compared to 65.66% in Q2 2025 and 75.78% in Q3 2024.
• Pre-tax, Pre-provision Net Income: $4.1 million in Q3 2025, compared to $4.2 million in Q2 2025 and $3.3 million in Q3 2024.

Cash Flow

• Total Deposits: $1.23 billion at the end of Q3 2025, compared to $1.22 billion at the end of Q2 2025 and $1.20 billion at the end of Q3 2024.

Unique Metrics

• Loans: $898.5 million at the end of Q3 2025, compared to $909.7 million at the end of Q2 2025 and $921.7 million at the end of Q3 2024.
• Commercial Loans: $543.7 million at the end of Q3 2025, compared to $549.1 million at the end of Q2 2025 and $534.5 million at the end of Q3 2024.

Outlook / Guidance

• The company is committed to advancing its dynamic credit risk management framework, emphasizing enhanced portfolio analytics, rigorous policy standards, stringent underwriting criteria, and a measured approach to new loan production.
• A comprehensive review of the entire loan portfolio is expected to be completed by the end of 2025, which is anticipated to reduce the volatility of credit costs in 2026 and beyond.
• The company aims to make significant strides toward reducing the volatility of credit costs, clearing a path for consistent and sustainable improvement in earnings over time.