Pioneer Bancorp Inc (PBFS) - Net Assets
Based on the latest financial reports, Pioneer Bancorp Inc (PBFS) has net assets worth $314.20 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.24 Billion) and total liabilities ($1.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PBFS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $314.20 Million |
| % of Total Assets | 14.01% |
| Annual Growth Rate | 14.82% |
| 5-Year Change | 32.14% |
| 10-Year Change | N/A |
| Growth Volatility | 24.76 |
Pioneer Bancorp Inc - Net Assets Trend (2017–2025)
This chart illustrates how Pioneer Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Pioneer Bancorp Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Pioneer Bancorp Inc (2017–2025)
The table below shows the annual net assets of Pioneer Bancorp Inc from 2017 to 2025. For live valuation and market cap data, see Pioneer Bancorp Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $314.25 Million | +5.98% |
| 2024-06-30 | $296.53 Million | +11.18% |
| 2023-06-30 | $266.70 Million | +9.92% |
| 2022-06-30 | $242.63 Million | +2.02% |
| 2021-06-30 | $237.82 Million | +6.19% |
| 2020-06-30 | $223.97 Million | +81.71% |
| 2019-06-30 | $123.26 Million | +4.40% |
| 2018-06-30 | $118.06 Million | +13.51% |
| 2017-06-30 | $104.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pioneer Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 95.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $201.38 Million | 64.08% |
| Common Stock | $255.00K | 0.08% |
| Other Comprehensive Income | $7.05 Million | 2.24% |
| Other Components | $105.56 Million | 33.59% |
| Total Equity | $314.25 Million | 100.00% |
Pioneer Bancorp Inc Competitors by Market Cap
The table below lists competitors of Pioneer Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ace Hardware Indonesia Tbk
JK:ACES
|
$359.76 Million |
|
Career Technology MFG Co Ltd
TW:6153
|
$359.77 Million |
|
KNOT Offshore Partners LP
NYSE:KNOP
|
$359.86 Million |
|
Letong Chemical Co Ltd
SHE:002319
|
$359.86 Million |
|
Dongwha Enterprise Co.Ltd
KQ:025900
|
$359.58 Million |
|
Anhui Fengxing Wear Resistant Materials Co Ltd
SHE:002760
|
$359.50 Million |
|
YG-1 Co. Ltd
KQ:019210
|
$359.49 Million |
|
The Erawan Group Public Company Limited
BK:ERW
|
$359.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pioneer Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 296,528,000 to 314,249,000, a change of 17,721,000 (6.0%).
- Net income of 19,200,000 contributed positively to equity growth.
- Share repurchases of 6,292,000 reduced equity.
- Other comprehensive income increased equity by 2,110,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.20 Million | +6.11% |
| Share Repurchases | $6.29 Million | -2.0% |
| Other Comprehensive Income | $2.11 Million | +0.67% |
| Other Changes | $2.70 Million | +0.86% |
| Total Change | $- | 5.98% |
Book Value vs Market Value Analysis
This analysis compares Pioneer Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.54x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | $9.31 | $14.34 | x |
| 2018-06-30 | $10.57 | $14.34 | x |
| 2019-06-30 | $11.03 | $14.34 | x |
| 2020-06-30 | $8.95 | $14.34 | x |
| 2021-06-30 | $9.49 | $14.34 | x |
| 2022-06-30 | $9.65 | $14.34 | x |
| 2023-06-30 | $10.60 | $14.34 | x |
| 2024-06-30 | $11.76 | $14.34 | x |
| 2025-06-30 | $12.52 | $14.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pioneer Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.79%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 6.67x
- Recent ROE (6.11%) is above the historical average (5.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.41% | 11.61% | 0.04x | 10.90x | $-4.77 Million |
| 2018 | 9.74% | 19.39% | 0.05x | 10.88x | $-307.30K |
| 2019 | 5.93% | 10.66% | 0.05x | 11.91x | $-5.02 Million |
| 2020 | 2.32% | 7.51% | 0.05x | 6.82x | $-17.20 Million |
| 2021 | 0.45% | 1.80% | 0.03x | 7.55x | $-22.71 Million |
| 2022 | 4.24% | 17.75% | 0.03x | 8.10x | $-13.98 Million |
| 2023 | 8.23% | 27.54% | 0.04x | 6.96x | $-4.72 Million |
| 2024 | 5.15% | 15.46% | 0.05x | 6.39x | $-14.39 Million |
| 2025 | 6.11% | 21.79% | 0.04x | 6.67x | $-12.22 Million |
Industry Comparison
This section compares Pioneer Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $519,829,600
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pioneer Bancorp Inc (PBFS) | $314.20 Million | 5.41% | 6.14x | $359.66 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $148.70 Million | 9.23% | 10.41x | $5.70 Billion |
| ACNB Corporation (ACNB) | $93.75 Million | 8.98% | 9.33x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $96.99 Million | 6.06% | 10.54x | $647.19 Million |
| Amalgamated Bank (AMAL) | $585.36 Million | 15.03% | 12.62x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $577.58 Million | -0.30% | 12.45x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $249.60 Million | 11.75% | 10.06x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.74 Billion | -4.81% | 7.35x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $116.55 Million | 6.07% | 10.46x | $62.60 Million |
About Pioneer Bancorp Inc
Pioneer Bancorp, Inc. operates as a holding company for Pioneer Bank, National Association that provides various banking products and services in New York. It accepts various deposit accounts, such as demand, savings, and money market accounts, as well as certificates of deposit. The company's loan products include commercial real estate, commercial and industrial, commercial construction, reside… Read more