Filing Flows › Pioneer Bancorp (PBFS) › Q3 2025
Pioneer Bancorp (PBFS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Pioneer Bancorp (PBFS) reported revenue of $24.0M for the third quarter 2025 (Q3 2025), +9% from a year earlier and -2% from the quarter before. Operating margin was 23.4%, net earnings $4.3M (18.0% of revenue).
Pioneer Bancorp, Q3 2025: revenue $24.0M (+9% year over year), operating margin 23.4%, net earnings $4.3M, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.0M | -2% | +9% |
| Operating profit | $5.6M | -31% | -32% |
| Net earnings | $4.3M | -33% | -31% |
| Operating cash flow | $3.9M | -23% | +104% |
| Free cash flow | $3.7M | — | +105% |
What changed
Revenue was $24.0M in Q3 2025, up 9% year over year and down 2% from the previous quarter.
Operating profit was $5.6M, a 23.4% margin (down 13.9 points year over year). Operating profit fell $2.6M even though revenue rose $2.0M versus a year earlier, so costs grew faster than sales. Total costs grew 33% against revenue growth of 9%. Net earnings were $4.3M, down 31% year over year. The effective tax rate was 22.8%.
Operating cash flow was $3.9M (up 104% year over year), 90% of net earnings. Non-cash charges added back $595K of depreciation and amortization and $283K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $227K left free cash flow of $3.7M.
Questions
What was Pioneer Bancorp's revenue in the third quarter 2025?
Pioneer Bancorp (PBFS) reported revenue of $24.0M for the third quarter 2025 (Q3 2025), +9% from a year earlier and -2% from the quarter before.
Was Pioneer Bancorp profitable in the third quarter 2025?
Operating profit was $5.6M (23.4% of revenue) and net earnings $4.3M.
Source: Pioneer Bancorp 10-Q on SEC EDGAR.