Pathfinder Bancorp (NASDAQ:PBHC) Releases Earnings Results

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

Pathfinder Bancorp Price Performance

NASDAQ:PBHC traded down $0.32 on Friday, reaching $16.68. The stock had a trading volume of 2,561 shares, compared to its average volume of 10,809. Pathfinder Bancorp has a 1-year low of $11.41 and a 1-year high of $19.86. The company has a market capitalization of $78.73 million, a P/E ratio of 52.13 and a beta of 0.22. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33. The stock has a fifty day moving average price of $17.07 and a 200-day moving average price of $16.56.

Pathfinder Bancorp Announces Dividend

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

Insiders Place Their Bets

In other news, Director Eric Allyn sold 8,169 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $16.80, for a total value of $137,239.20. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 22.40% of the company’s stock.

About Pathfinder Bancorp

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.