CSIMarket
 


Pioneer Bancorp Inc   (PBFS)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

PBFS's Operating Income Growth by Quarter and Year

Pioneer Bancorp Inc 's Operating Income results by quarter and year




PBFS Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter June - 5.72 3.05 -3.12
III Quarter March - 7.67 0.46 1.64
II Quarter December 4.01 7.98 8.06 2.45
I Quarter September 4.31 6.49 1.77 1.70
FY   8.32 27.86 13.34 2.67



PBFS Operating Income second quarter 2024 Y/Y Growth Comment
Pioneer Bancorp Inc reported drop in Operating Income in the second quarter 2024 by -49.7% to $ 4.01 millions, from the same quarter in 2023.
The fall in the second quarter 2024 Pioneer Bancorp Inc 's Operating Income compares unfavorably to the Company's average Operating Income doubling of 111.43%.

Among companies who have reported second quarter 2024 results in the Regional Banks industry only one Company has achieved higher year on year Operating Income results in the second quarter 2024. While Pioneer Bancorp Inc ' s Operating Income meltdown of -49.7% ranks overall at the positon no. 342 in the second quarter 2024.

Explain Operating Income growth


PBFS Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter June - 87.54 % - -
III Quarter March - 1567.39 % -71.95 % 54.72 %
II Quarter December -49.7 % -0.99 % 228.98 % -83.38 %
I Quarter September -33.59 % 266.67 % 4.12 % -
FY   - 108.85 % 399.63 % -55.5 %

Financial Statements
Pioneer Bancorp Inc 's second quarter 2024 Operating Income $ 4.01 millions PBFS's Income Statement
Pioneer Bancorp Inc 's second quarter 2023 Operating Income $ 7.98 millions Quarterly PBFS's Income Statement
New: More PBFS's historic Operating Income Growth >>


PBFS Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter June - -25.42 % 563.04 % -
III Quarter March - -3.88 % -94.29 % -33.06 %
II Quarter December -6.87 % 22.96 % 355.37 % 44.12 %
I Quarter September -24.65 % 112.79 % - -77.54 %
FY (Year on Year)   - 108.85 % 399.63 % -55.5 %




Operating Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #2
Financial Sector #56
Overall #342

Operating Income Y/Y Growth Statistics
High Average Low
560.5 % 111.43 % -89.09 %
(Sep 30 2022)   (Sep 30 2021)
Operating Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #2
Financial Sector #56
Overall #342
Operating Income Y/Y Growth Statistics
High Average Low
560.5 % 111.43 % -89.09 %
(Sep 30 2022)   (Sep 30 2021)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Pioneer Bancorp Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
614.53 % 97.13 % -94.34 %
(Jun 30 2020)  


PBFS's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2024 Pioneer Bancorp Inc disclosed decline in Operating Income from the first quarter by -6.87% to $ 4.01 millions, from $ 4.31 millions achived in the previous quarter.

Even cyclical circumstance which normally fuel II. Quarter 2024 performance, that plainly was not substantial to recover Regional Banks's company II. Quarter performance, Kate  Davies, an industry observer situated in Dublin wrote and mentioned that average sequential Operating Income growth is at 97.13% for Pioneer Bancorp Inc .

Within Regional Banks industry only one company achieved higher sequential Operating Income growth. While Pioneer Bancorp Inc 's Operating Income growth quarter on quarter, overall rank is 335.


Operating Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #2
Financial Sector #66
Overall #335
Operating Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #2
Financial Sector #66
Overall #335
Operating Income Q/Q Growth Statistics
High Average Low
614.53 % 97.13 % -94.34 %
(Jun 30 2020)  


PBFS's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2024 Pioneer Bancorp Inc realized decline in Operating Income from the previous quarter by -6.87% to $ 4.01 millions, from $ 4.31 millions declared a quarter before.

Albeit periodic factors which normally fuel II. Quarter 2024 performance, that clearly has not been enough to recover PBFS's achievement, Kate  Davies, an industry observer situated in Dublin said and wrote that average sequential Operating Income growth is at 97.13% for the Regional Banks's company.

Within Regional Banks industry only one company achieved higher sequential Operating Income growth. While Pioneer Bancorp Inc 's Operating Income growth quarter on quarter, overall rank is 335.


Pioneer Bancorp Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Operating Income 12 Months Ending $ 21.71 $ 25.67 $ 27.86 $ 25.18 $ 17.97
Y / Y Operating Income Growth (TTM) 20.81 % 42.17 % 108.84 % 251.49 % 115.34 %
Year on Year Operating Income Growth Overall Ranking # 48 # 39 # 57 # 1720 # 1464
Seqeuential Operating Income Change (TTM) -15.43 % -7.83 % 10.61 % 40.13 % -0.48 %
Seq. Operating Income Growth (TTM) Overall Ranking # 342 # 473 # 285 # 1560 # 83




Cumulative Operating Income growth Comment
With the quarterly Operating Income reported in the Dec 31 2023 period, Pioneer Bancorp Inc 's cumulative twelve months Operating Income were $ 22 millions, company would post below average annual Operating Income growth of -0.48% year on year, if the fiscal year would end at Dec 31 2023.
A slow-down in the Pioneer Bancorp Inc 's Operating Income growth from the 4.31% growth in Sep 30 2023. Comparing the results with it's peers in Regional Banks industry, Pioneer Bancorp Inc 's trailing twelve months Operating Income growth, were the second highest.

Among companies within the Financial sector 6 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 39 to 48.

Operating Income TTM Q/Q Growth Statistics
High Average Low
560.5 %
111.43 %
-89.09 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 2
Financial Sector # 7
Overall # 48

Operating Income TTM Y/Y Growth Statistics
High Average Low
560.5 %
111.43 %
-89.09 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 56
S&P 500 # 342
Cumulative Operating Income growth Comment
With the quarterly Operating Income reported in the Dec 31 2023 period, Pioneer Bancorp Inc 's cumulative twelve months Operating Income were $ 22 millions, company would post below average annual Operating Income growth of -89.09% year on year, if the fiscal year would end at Dec 31 2023.
A slow-down in the Pioneer Bancorp Inc 's Operating Income growth from the 4.31% growth in Sep 30 2023. Comparing the results with it's peers in Regional Banks industry, Pioneer Bancorp Inc 's trailing twelve months Operating Income growth, were the second highest.

Among companies within the Financial sector 6 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 39 to 48.

Operating Income TTM Q/Q Growth Statistics
High Average Low
560.5 %
111.43 %
-89.09 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 2
Financial Sector # 7
Overall # 48

Operating Income TTM Y/Y Growth Statistics
High Average Low
560.5 %
111.43 %
-89.09 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 56
S&P 500 # 342




Other Operating Income Growth
Regional Banks Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
PBFS's Operating Income Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for PBFS's Competitors
Operating Income Growth for Pioneer Bancorp Inc 's Suppliers
Operating Income Growth for PBFS's Customers

You may also want to know
PBFS's Annual Growth Rates PBFS's Profitability Ratios PBFS's Asset Turnover Ratio PBFS's Dividend Growth
PBFS's Roe PBFS's Valuation Ratios PBFS's Financial Strength Ratios PBFS's Dividend Payout Ratio
PBFS's Roa PBFS's Inventory Turnover Ratio PBFS's Growth Rates PBFS's Dividend Comparisons



Companies with similar Operating Income decline for the quarter ending Dec 31 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Orix Corporation-1.07%$ -1.070 millions
Security Federal Corp-1.47%$ -1.472 millions
Reinsurance Group Of America Incorporated-1.75%$ -1.753 millions
Hamilton Lane Inc-2.09%$ -2.087 millions
Ohio Valley Banc Corp-3.34%$ -3.342 millions
Independent Bank Corporation-3.45%$ -3.454 millions
Cohen and Steers Inc -3.60%$ -3.595 millions
Plumas Bancorp-3.83%$ -3.831 millions
Pathward Financial Inc -3.90%$ -3.903 millions
Crown Castle Inc-3.92%$ -3.922 millions
Cno Financial Group Inc -4.22%$ -4.215 millions
Unity Bancorp inc -4.31%$ -4.305 millions
Intercontinental Exchange Inc -4.71%$ -4.707 millions
Progressive Corp-5.90%$ -5.899 millions
Barclays Plc-6.49%$ -6.489 millions
Republic Bancorp inc -6.62%$ -6.619 millions
Onemain Holdings Inc -6.75%$ -6.751 millions
Chemung Financial Corp-6.76%$ -6.761 millions
Iron Mountain Inc-7.03%$ -7.027 millions
Federal Home Loan Bank Of Boston-7.05%$ -7.049 millions
Tfs Financial Corporation-7.08%$ -7.077 millions
Franklin Financial Services Corporation-7.37%$ -7.368 millions
S and t Bancorp Inc -8.41%$ -8.410 millions
Sierra Bancorp-8.45%$ -8.453 millions
Kilroy Realty Corporation-8.67%$ -8.667 millions
Safety Insurance Group Inc -8.76%$ -8.758 millions
Avalonbay Communities inc -8.79%$ -8.789 millions
City Holding Company-9.08%$ -9.076 millions
Us Bancorp De-9.17%$ -9.173 millions
Magyar Bancorp Inc -9.19%$ -9.189 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com