Pathfinder Bancorp, Inc. Announces First Quarter 2024 Net Income of $2.1 Million

April 29, 2024

https://www.globenewswire.com/news-release/2024/04/29/2871636/0/en/Pathfinder-Bancorp-Inc-Announces-First-Quarter-2024-Net-Income-of-2-1-Million.html

OSWEGO, N.Y., April 29, 2024 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc. (“Company”) (NASDAQ:PBHC), the holding company for Pathfinder Bank (“Bank”), announced first quarter 2024 net income available to common shareholders of $2.1 million, or $0.34 per basic and diluted share, compared to $2.6 million, or $0.43 per basic and diluted share, for the first quarter of 2023. The Company’s total revenue, which is comprised of net interest income, before provision for credit losses, and total noninterest income, for the first quarter of 2024 was $11.1 million, a decrease of $423,000, or 3.7%, when compared to the same quarter in 2023.

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