Pathfinder Bancorp (NASDAQ:PBHC) Releases Earnings Results

Pathfinder Bancorp (NASDAQ:PBHC) posted its quarterly earnings data on Friday. The savings and loans company reported $0.69 earnings per share (EPS) for the quarter, Zacks reports. Pathfinder Bancorp had a net margin of 2.42% and a return on equity of 1.65%.

Pathfinder Bancorp Trading Down 1.9 %

Pathfinder Bancorp stock opened at $16.68 on Friday. The business’s 50-day simple moving average is $17.04 and its 200-day simple moving average is $16.60. Pathfinder Bancorp has a 52 week low of $11.41 and a 52 week high of $19.86. The firm has a market capitalization of $78.73 million, a PE ratio of 52.13 and a beta of 0.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74.

Pathfinder Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 17th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Friday, January 17th. Pathfinder Bancorp’s dividend payout ratio is currently 125.00%.

Insider Buying and Selling at Pathfinder Bancorp

In related news, Director Eric Allyn sold 8,169 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $16.80, for a total value of $137,239.20. Following the completion of the sale, the director now owns 6,124 shares in the company, valued at approximately $102,883.20. This trade represents a 57.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 22.40% of the company’s stock.

About Pathfinder Bancorp

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.