Pathfinder Bancorp | 10-Q: FY2025 Q3 Revenue: USD 21.24 M

Revenue: As of FY2025 Q3, the actual value is USD 21.24 M.

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

EBIT: As of FY2025 Q3, the actual value is USD -10.93 M.

Segment Revenue

• Interest and Dividend Income: For the nine months ended September 30, 2025, total interest and dividend income was $58,359 thousand, compared to $58,831 thousand for the same period in 2024.

Operational Metrics

• Net Interest Income: For the nine months ended September 30, 2025, net interest income was $33,825 thousand, an increase from $30,612 thousand in the same period in 2024.
• Provision for Credit Losses: Total provision for credit losses for the nine months ended September 30, 2025, was $5,148 thousand, compared to $9,985 thousand in 2024.
• Net Income: For the nine months ended September 30, 2025, net income attributable to Pathfinder Bancorp, Inc. was $3,631 thousand, compared to a net loss of $524 thousand in 2024.

Cash Flow

• Net Cash Inflows from Operating Activities: For the nine months ended September 30, 2025, net cash inflows from operating activities were $9,008 thousand, compared to $13,864 thousand in 2024.
• Net Cash Inflows (Outflows) from Investing Activities: For the nine months ended September 30, 2025, net cash inflows from investing activities were $12,152 thousand, compared to net cash outflows of $26,195 thousand in 2024.
• Net Cash Outflows from Financing Activities: For the nine months ended September 30, 2025, net cash outflows from financing activities were $12,160 thousand, compared to $1,077 thousand in 2024.

Unique Metrics

• Allowance for Credit Losses: As of September 30, 2025, the allowance for credit losses on loans was $18,654 thousand, compared to $17,243 thousand as of December 31, 2024.

Future Outlook and Strategy

• Core Business Focus: The company is focused on maintaining a strong balance sheet and improving net interest income through strategic management of interest-earning assets and interest-bearing liabilities.
• Non-Core Business: The company does not intend to sell its held-to-maturity securities and is not likely to be required to sell them before recovery of the amortized cost, indicating a strategy to hold these investments for income generation rather than capital gains.