Added to YB: 2026-06-04
Pitch date: 2026-06-02
PBFS [bullish]
Pioneer Bancorp, Inc.
-5.83%
current return
Author Info
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Company Info
Pioneer Bancorp, Inc. operates as a holding company for Pioneer Bank, National Association that provides various banking products and services in New York.
Market Cap
$410.1M
Pitch Price
$16.80
Price Target
25.00 (+58%)
Dividend
N/A
EV/EBITDA
N/A
P/E
20.56
EV/Sales
N/A
Sector
Banks
Category
special_situation
A W for Pioneer
PBFS: $2.2B Albany NY bank w/ wealth mgmt, insurance, new muni broker-dealer. Cachet litigation dismissed w/ prejudice, removing earnings drag; can now earn >$1/yr. Micron spending boom local tailwind. Trades 72% of fully converted TBV (~$16) vs ~$19 fair value, >$25 on 2nd step conversion expected within a year. ~10% ROE, buybacks.
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