Pathfinder Bancorp, Inc. (NASDAQ:PBHC) to Issue $0.10 Quarterly Dividend

Key Points

• Pathfinder Bancorp announced a $0.10 quarterly dividend, payable May 8 to shareholders of record on April 17, implying an annualized yield of about 3.0%.
• The company reported a quarterly loss (EPS of -$1.11) and showed weak profitability metrics, including a negative return on equity (-2.73%) and a negative net margin (-4.16%).
• Analyst sentiment is negative—Weiss Ratings downgraded Pathfinder to a Sell and MarketBeat lists an average "Sell" rating; the stock is small-cap (market cap ≈ $63.5M) with a negative P/E and a 52-week range of $12.06–$16.89.

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) announced a quarterly dividend on Monday, March 30th. Investors of record on Friday, April 17th will be given a dividend of 0.10 per share by the savings and loans company on Friday, May 8th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, April 17th.

Pathfinder Bancorp has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Pathfinder Bancorp Price Performance

NASDAQ PBHC opened at $13.26 on Tuesday. Pathfinder Bancorp has a one year low of $12.06 and a one year high of $16.89. The stock has a 50-day moving average of $13.49 and a 200 day moving average of $14.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $63.52 million, a price-to-earnings ratio of -22.10 and a beta of 0.10.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last posted its earnings results on Thursday, January 29th. The savings and loans company reported ($1.11) EPS for the quarter. The company had revenue of $12.21 million during the quarter. Pathfinder Bancorp had a negative return on equity of 2.73% and a negative net margin of 4.16%.

Analysts Set New Price Targets

Separately, Weiss Ratings cut Pathfinder Bancorp from a "hold (c)" rating to a "sell (d)" rating in a research report on Monday, February 2nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Pathfinder Bancorp currently has an average rating of "Sell".

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc is a bank holding company headquartered in northeastern Pennsylvania that operates primarily through its subsidiary, Pathfinder Bank. The company offers a broad range of commercial and consumer banking solutions, including checking and savings accounts, time deposits, certificates of deposit, and retirement accounts. Through its branch network, Pathfinder Bancorp serves individuals, small businesses, and community organizations across its local market.

In addition to traditional deposit products, Pathfinder Bancorp provides a variety of lending services such as commercial real estate loans, construction and land development financing, agricultural credits, equipment loans, and consumer installment loans.

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