Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Pioneer Bancorp, Inc./MD (PBFS)

Pioneer Bancorp Q2 Net Income Falls to $3.5 Million as Expenses Rise

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyPioneer Bancorp, Inc./MD (PBFS)
Form8-K, current report
Filed with the SECJul 30, 2026, 4:15 PM ET
Accession number0001104659-26-088689

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.

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.