Every material Form 8-K Pioneer Bancorp, Inc./MD has filed with the SEC since July 29, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Pioneer Bancorp reported third quarter 2026 net income of $85,000, or about $0.00 per share, down from $4.3 million, or $0.18 per share, a year earlier. The drop reflects a $6.2 million litigation-related expense tied to agreements in principle to resolve claims by Southwestern Payroll, Granite Solutions and NatPay, while net interest income rose 16.9% to $23.6 million.
Q3 2026 net income was $85,000 versus $4.3 million in Q3 2025; nine-month net income was $8.9 million, or $0.36 per diluted share, versus $16.5 million, or $0.67, a year earlier
Litigation-related expense of $6.2 million was recognized in the quarter; agreements in principle were reached in October 2026, subject to definitive settlement agreements
Net interest income rose $3.4 million, or 16.9%, to $23.6 million, and net interest margin was 4.26%, up 10 basis points
Noninterest expense rose 57.4% to $27.7 million; total deposits reached $2.13 billion, up 22.5% from December 31, 2025
Pioneer Bancorp reported second quarter 2026 net income of $3.5 million, or $0.14 per diluted share, down from $6.5 million, or $0.26 per share, a year earlier. Net interest income rose 16.5% to $22.9 million, but noninterest expense increased 50.6% to $22.2 million, driven by professional fees, salaries and the completion of several acquisitions.
Q2 2026 net income was $3.5 million ($0.14 per diluted share), versus $6.5 million ($0.26) in Q2 2025.
Six-month net income was $8.8 million ($0.36 per diluted share), versus $12.2 million ($0.49) a year earlier.
Net interest income rose $3.3 million, or 16.5%, to $22.9 million, and net interest margin was 4.30%, up 17 basis points.
Noninterest expense rose $7.5 million, or 50.6%, to $22.2 million, with higher legal fees and acquisition-related costs cited.
Pioneer Bancorp, Inc. said on July 29, 2026, that it acquired The College Advisor of New York, a firm that provides college search and admissions guidance, and launched a College Advising Division. The filing does not state a purchase price or financial effect, so the deal's impact on shareholders is not quantified.
Acquisition of The College Advisor of New York announced July 29, 2026
Founder Dr. Dean Skarlis will lead the new division as Vice President of College Advising
The firm's existing team of coaches will continue providing college planning services
Pioneer reports more than $2 billion in assets and 23 banking offices in the Capital Region of New York
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Pioneer Bancorp, Inc./MD filing is on SEC EDGAR ↗. 8-K briefs of other companies →