<span item_type="fundamental" item_id="579802871ca1ecf24b3e2833860918e5" counter_id="ST/US/PBHC" env="prod"></span><span item_type="announcement" item_id="610342568509310209" env="prod"></span><p>Revenue: As of FY2025 Q4, the actual value is USD 12.21 M.</p><p>EPS: As of FY2025 Q4, the actual value is USD -1.11.</p><p>EBIT: As of FY2025 Q4, the actual value is USD -19.03 M.</p><p></p><h3>Net Income/Loss</h3><ul><li>Pathfinder Bancorp, Inc. reported a net loss attributable to common shareholders of - $7.0 million in the fourth quarter of 2025, and - $3.4 million for the full year 2025, primarily due to an $11.2 million credit loss provision expense.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>Net income attributable to common shareholders was $626,000 in the third quarter of 2025, $3.9 million in the fourth quarter of 2024, and $3.4 million for the full year 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Credit Loss Provision Expense</h4><ul><li>The total provision for credit losses was $11.2 million in the fourth quarter of 2025, driven by an $10.8 million increase in the Company’s allowance for credit losses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>This compares to a provision of $3.5 million in the third quarter of 2025 and $988,000 in the fourth quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>For the full year, total provision for credit losses was $16,342 in 2025 and $10,973 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Allowance for Credit Losses (ACL)</h4><ul><li>The Allowance for Credit Losses (ACL) reached $29.4 million, or 3.28% of loans, as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>This is an increase from $18.7 million (2.08% of loans) on September 30, 2025, and $17.2 million (1.88% of loans) on December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Nonperforming Loans</h4><ul><li>Nonperforming loans totaled $27.6 million, or 3.07% of total loans, at December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>This is an increase from $23.3 million (2.59% of total loans) on September 30, 2025, and $22.1 million (2.40% of total loans) on December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Loans</h4><ul><li>Total loans were $896.7 million at December 31, 2025, after reclassifying $6.3 million in substandard loans to held-for-sale status.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>This figure decreased from $898.5 million on September 30, 2025, and $919.0 million on December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>Commercial loans were $543.7 million, or 60.6% of total loans, at December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>Consumer and residential loans totaled $354.3 million on December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>Loans held-for-sale were $5,900 at December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Deposits</h4><ul><li>Total deposits were $1.18 billion at December 31, 2025, down from $1.23 billion on September 30, 2025, and $1.20 billion on December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>Core deposits expanded to 79.78% of total deposits at December 31, 2025, compared to 78.37% on September 30, 2025, and 76.86% on December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Net Interest Income (NII) and Net Interest Margin (NIM)</h4><ul><li>Net interest income was $10.5 million and NIM was 3.09% in the fourth quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>For the linked quarter (Q3 2025), net interest income was $11.6 million and NIM was 3.34%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>In the year-ago period (Q4 2024), net interest income was $10.4 million and NIM was 3.02%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>For the full year 2025, net interest income was $44.3 million and NIM was 3.21%, compared to $41.0 million and 2.98% in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Noninterest Income</h4><ul><li>Noninterest income was $1.3 million for the fourth quarter of 2025, including a - $398,000 lower of cost or market (LOCOM) adjustment on loans held-for-sale.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>Noninterest income was $1.5 million in the third quarter of 2025 and $4.9 million in the fourth quarter of 2024, which included a $3.2 million gain from an insurance agency sale.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Noninterest Expense</h4><ul><li>Noninterest expense totaled $9.2 million in the fourth quarter of 2025, an increase from $8.9 million in the third quarter of 2025 and $8.5 million in the fourth quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>Annualized noninterest expense represented 2.51% of average assets in Q4 2025, compared to 2.40% in Q3 2025 and 2.33% in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>For full-year 2025 and 2024, noninterest expense represented 2.36% and 2.37% of average assets, respectively.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Efficiency Ratio</h4><ul><li>The efficiency ratio was 74.96% for the fourth quarter of 2025, compared to 68.78% in the third quarter of 2025 and 72.25% in the fourth quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>For full-year 2025 and 2024, the efficiency ratio was 69.12% and 72.82%, respectively.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Pre-Tax, Pre-Provision (PTPP) Net Income</h4><ul><li>PTPP net income was $3.1 million for the fourth quarter of 2025, compared to $4.1 million in the third quarter of 2025 and $3.3 million in the fourth quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Cash Dividends</h4><ul><li>Quarterly cash dividends of $0.10 per share were declared on December 22, 2025, payable on February 6, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>The annualized dividend yield was 2.83% based on the closing stock price of $14.11 per share as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Total Assets</h4><ul><li>Total assets were $1.43 billion as of December 31, 2025, compared to $1.47 billion on September 30, 2025, and December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Shareholders’ Equity</h4><ul><li>Shareholders’ equity totaled $121.0 million on December 31, 2025, decreasing $5.4 million (4.3%) in Q4 2025 and $516,000 (0.4%) from one year prior.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>The Q4 2025 decrease primarily reflected a - $7.7 million decrease in retained earnings, partially offset by a $1.9 million decrease in accumulated other comprehensive loss (AOCL) and a $416,000 increase in additional paid-in capital.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Net Charge-Offs (NCOs)</h4><ul><li>Net charge-offs after recoveries declined to $604,000, or an annualized 0.27% of average loans, in the fourth quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>This is down from $670,000 (0.30%) in the third quarter of 2025 and $1.0 million (0.44%) in the fourth quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Liquidity</h4><ul><li>Pathfinder Bancorp, Inc. had an available additional funding capacity of $157.5 million with the Federal Home Loan Bank of New York and $13.5 million with the Federal Reserve Bank as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>The Bank also maintains additional unused credit lines totaling $15.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>Pathfinder Bancorp, Inc. anticipates an improved earnings outlook for 2026, expecting more consistent earnings and reduced incremental reserve pressure.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>These actions are projected to support the growth of the Company’s capital ratios and enhance flexibility for capital allocation and funding deployment in 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li><li>The Company believes its proactive commercial loan review and risk-based reserve build have substantially addressed legacy commercial credit quality issues.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1609065/000119312526029411/pbhc-ex99_1.htm"></span></li></ul>

Pathfinder Bancorp | 8-K: FY2025 Q4 Revenue: USD 12.21 M