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Latest PBHC News From Around the Web
Below are the latest news stories about Pathfinder Bancorp Inc that investors may wish to consider to help them evaluate PBHC as an investment opportunity.
DALLAS, TX / ACCESSWIRE / August 6, 2021 / Pathfinder Bancorp, Inc. (NASDAQ:PBHC): The full report can be accessed by clicking on the following link:http://stonegateinc.
Pathfinder Bancorp, Inc. Announces Second Quarter 2021 Quarterly Net Income of $3.0 Million, an Increase of 63.4% over 2020
Year-To-Date Net Income Up 46.2% Over 2020
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OSWEGO, N.Y., June 28, 2021 (GLOBE NEWSWIRE) -- Thomas W. Schneider, President/CEO of Pathfinder Bancorp, Inc., the bank holding company of Pathfinder Bank (NASDAQ: PBHC ) (listing: PathBcp), has announced that the Company has declared a cash dividend of $0.07 per share on the Company''s voting common and non-voting common stock, and a cash dividend of $0.07 per notional share for the issued warrant relating to the fiscal quarter ending June 30 th , 2021. The dividend will be payable to all shareholders of record Full story available on Benzinga.com
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Pathfinder Bancorp, Inc. Revises 2020 Pretax Net Income and Related Financial Information at and for the Year Ended December 31, 2020
Decrease in Pretax Net Income Offset by a Reduction in Income Tax ExpenseNo Change to Originally Reported Net Income or Earnings Per Share Calculations OSWEGO, N.Y., March 29, 2021 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”) issued an update to its earnings release furnished on a Current Report on Form 8-K on February 1, 2020 (the “Original Press Release”) reporting its financial results at and for the three and twelve months ended December 31, 2020. This updated Press Release (the “Updated Press Release”) is being furnished to revise pretax net income and related financial information for the three and twelve months ended December 31, 2020. Two revisions to pretax net income were made related to loan interest...
Pathfinder Bancorp, Inc. Announces Fourth Quarter 2020 Net Income of $1.9 Million and Full Year Net Income of $7.0 Million
Continued Loan and Deposit Growth, Effective Noninterest Expense Management and Reduced Funding CostsOSWEGO, N.Y., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”), announced fourth quarter 2020 net income of $1.9 million as compared to $1.9 million for the same three month period in 2019. Fourth quarter net income available to common shareholders was $1.5 million, or $0.33 per basic and diluted share, compared to $1.5 million, or $0.32 per basic and diluted share for the fourth quarter of 2019. Fourth quarter 2020 total revenue (net interest income and total noninterest income) of $10.0 million increased $896,000, or 9.9%, compared to $9.1 million for the fourth quarter of 2019. Total net income incr...
Pathfinder Bancorp, Inc. ( NASDAQ:PBHC ) stock is about to trade ex-dividend in 4 days. Investors can purchase shares...
Net Income of $5.0 Million for First Nine Months of 2020 Strong Third Quarter Revenue Growth, Lower Funding Costs and Operating Costs Drive Improved Year-Over-Year PerformanceOSWEGO, N.Y., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”), announced third quarter 2020 net income of $1.5 million, compared to $1.3 million for the third quarter of 2019. Basic and diluted earnings per share were $0.25 for the third quarter of 2020, an increase of $0.03, or 13.6%, compared to $0.22 for the third quarter of 2019. Third quarter 2020 revenue (net interest income and total noninterest income) of $9.8 million increased $1.3 million, or 15.4%, compared to $8.5 million for the third quarter of 2019. Net income f...
Pathfinder Bancorp, Inc. Announces Completion of $25 Million Private Placement of Subordinated Notes
OSWEGO, N.Y., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”), today announced the completion of its private placement of $25 million of its 5.50% Fixed to Floating Rate Subordinated Notes (the “Notes”) to certain qualified institutional buyers and accredited institutional investors. The Notes will have a maturity date of October 15, 2030 and initially bear interest, payable semi-annually, at a fixed annual rate of 5.50% per annum until October 15, 2025. Commencing on that date, the interest rate applicable to the outstanding principal amount due will be reset quarterly to an interest rate per annum equal to the then current three-month secured overnight financing rate (SOFR) plus 532 basis points, ...