Pioneer Bancorp, Inc. PBFS Q2 2026 Annual earnings

“Our second quarter 2026 financial results reflect the strength of Pioneer's relationship-based business model focused on creating client advocacy through our highly engaged employees. During the quarter, we experienced positive momentum across our company, highlighted by growth in net interest income and margin, driven by continued loan portfolio expansion, growth in our diversified deposit base, and prudent management of funding costs. The benefits of this growth were partially offset by certain elevated expenses as compared to the prior year period. A significant milestone during the quarter was the successful completion of the acquisitions of Targeted Lending, Reiser Consulting Group, and Wyndham Benefits. Together with our recent acquisition of The College Advisor of New York, these additions further advance our 'More Than a Bank' strategy by expanding our capabilities, diversifying revenue streams, and strengthening the value we deliver to clients. Looking ahead, we remain focused on delivering long-term value for our stockholders, customers, and employees by investing in initiatives that strengthen employee engagement, elevate client experience, and support community development, while pursuing strong financial performance.”