Pathfinder Bancorp (NASDAQ:PBHC) Posts Quarterly Earnings Results

Pathfinder Bancorp (NASDAQ:PBHC) posted its quarterly earnings results on Friday. The savings and loans company reported $0.69 earnings per share (EPS) for the quarter, Zacks reports. Pathfinder Bancorp had a return on equity of 1.65% and a net margin of 2.42%.

Pathfinder Bancorp Stock Performance

PBHC traded down $0.32 during trading on Friday, reaching $16.68. 2,561 shares of the company were exchanged, compared to its average volume of 10,809. The stock has a market cap of $78.73 million, a P/E ratio of 52.13 and a beta of 0.22. The firm has a 50 day moving average of $17.07 and a 200 day moving average of $16.56. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33. Pathfinder Bancorp has a 52 week low of $11.41 and a 52 week high of $19.86.

Pathfinder Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 17th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, January 17th. Pathfinder Bancorp’s dividend payout ratio is currently 125.00%.

Insider Buying and Selling

In other news, Director Eric Allyn sold 8,169 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $16.80, for a total value of $137,239.20. Following the completion of the sale, the director now owns 6,124 shares in the company, valued at $102,883.20. This represents a 57.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 22.40% of the stock is owned by company insiders.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.