PBHC · Pathfinder Bancorp, Inc.

Summary

Pathfinder Bancorp (PBHC) posted a fiscal 2025 net loss, with steady operating cash flow reflecting underlying business resilience.

Key takeaways

• GAAP net income for fiscal 2025 was -$1.9M, representing a 157.1% year-over-year decrease from fiscal 2024's $3.4M net income.
• Net cash provided by operating activities for fiscal 2025 totaled $11.7M, a modest increase from $11.2M reported in fiscal 2024.
• Fiscal 2025 capital expenditures were $1.26M, down from $2.06M in the prior fiscal year.
• Free cash flow for fiscal 2025 came to $10.4M, calculated as operating cash flow minus capital expenditures.
• Lower 2025 interest rates reduced funding costs for deposit and borrowing products, supporting net interest income for the period.
• Fiscal 2025 declines in return on average assets and return on average equity were directly attributable to the year-over-year drop in net income.