Filing Flows › Pioneer Bancorp (PBFS) › Q2 2025
Pioneer Bancorp (PBFS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Pioneer Bancorp (PBFS) reported revenue of $24.4M for the second quarter 2025 (Q2 2025), +17% from a year earlier and +7% from the quarter before. Operating margin was 33.3%, net earnings $6.5M (26.4% of revenue).
Pioneer Bancorp, Q2 2025: revenue $24.4M (+17% year over year), operating margin 33.3%, net earnings $6.5M, operating cash flow $5.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.4M | +7% | +17% |
| Operating profit | $8.1M | +10% | +62% |
| Net earnings | $6.5M | +12% | +64% |
| Operating cash flow | $5.1M | — | -44% |
| Free cash flow | $4.6M | — | -48% |
What changed
Revenue was $24.4M in Q2 2025, up 17% year over year and up 7% from the previous quarter.
Operating profit was $8.1M, a 33.3% margin (up 9.2 points year over year). Of the extra revenue versus a year earlier, 88% reached operating profit, above the 24% margin then. Total costs grew 3% against revenue growth of 17%. The fastest-growing cost line was Credit loss provision (+99%). Net earnings were $6.5M, up 64% year over year. The effective tax rate was 20.7%.
Operating cash flow was $5.1M (down 44% year over year), 78% of net earnings. Non-cash charges added back $600K of depreciation and amortization and $354K of share-based compensation. Working capital and other items used $2.3M. Capital expenditures of $508K left free cash flow of $4.6M.
Questions
What was Pioneer Bancorp's revenue in the second quarter 2025?
Pioneer Bancorp (PBFS) reported revenue of $24.4M for the second quarter 2025 (Q2 2025), +17% from a year earlier and +7% from the quarter before.
Was Pioneer Bancorp profitable in the second quarter 2025?
Operating profit was $8.1M (33.3% of revenue) and net earnings $6.5M.
Source: Pioneer Bancorp 10-Q on SEC EDGAR.