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Pathfinder Bancorp PBHC Variable rate debt, lower range of basis point spread

Variable rate debt, lower range of basis point spread at other companies

Pathfinder Bancorp logo
Pathfinder BancorpPBHC
1%
Oaktree Specialty Lending logo
Oaktree Specialty LendingOCSL
3.1%
Blue Owl Capital logo
Blue Owl CapitalOBDC
0.9%
MSD
Morgan StanleyMSDL
2.4%
Goldman Sachs BDC logo
Goldman Sachs BDCGSBD
2.8%
Heritage Financial logo
Heritage FinancialHFWA
1.6%0.0pp

Other financials

Income statement

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Revenue$11.5M-9.0%
Net income$2.4M-18.9%
EPS (diluted)$0.47+14.6%

Balance sheet

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Cash & equivalents$39.2M-23.9%
Total debt$45.0M-28.5%
Total equity$123.6M-1.1%
Total assets$1.4B-4.9%

Cash flow

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Operating cash flow-$241.0K-104%
CapEx$248.0K-61.1%
Free cash flow-$489.0K-110%

Valuation

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Market cap$99.35M+10.1%
Enterprise value$105.15M-38.8%
P/S2.2×+0.4×

Profitability

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Net margin-5.5%-13.6pp
FCF margin44.5%

Returns & leverage

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Return on equity-2%-5.4pp
Debt / equity0.4×-0.1×

Where this comes from

Reported directly by Pathfinder Bancorp in its filing.

Tagged under the XBRL concept us-gaap:DerivativeBasisSpreadOnVariableRate.

The official record: Pathfinder Bancorp’s 10-K, filed March 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pathfinder Bancorp's variable rate debt, lower range of basis point spread?
Pathfinder Bancorp (PBHC) reported variable rate debt, lower range of basis point spread of 1% in Q4 2025.
What does variable rate debt, lower range of basis point spread mean?
This represents the lower bound of the basis point spread added to a benchmark index for variable-rate debt or derivative instruments. It reflects the credit risk premium and market conditions at the time the variable-rate agreement was established. Monitoring this spread helps investors understand the sensitivity of the bank's interest expense to fluctuations in underlying market indices.