Pathfinder Bancorp (NASDAQ:PBHC) Issues Earnings Results

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) posted its earnings results on Friday. The savings and loans company reported $0.69 earnings per share (EPS) for the quarter, Zacks reports. Pathfinder Bancorp had a return on equity of 3.07% and a net margin of 4.28%.

Pathfinder Bancorp Trading Up 0.6 %

Shares of PBHC traded up $0.10 during trading hours on Tuesday, reaching $16.80. 2,480 shares of the company traded hands, compared to its average volume of 10,159. Pathfinder Bancorp has a 12 month low of $11.41 and a 12 month high of $19.86. The company has a market capitalization of $79.30 million, a price-to-earnings ratio of 28.00 and a beta of 0.22. The company's fifty day moving average price is $17.00 and its two-hundred day moving average price is $16.65. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33.

Pathfinder Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 17th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Friday, January 17th. Pathfinder Bancorp's payout ratio is currently 66.67%.

Insiders Place Their Bets

In other news, Director Eric Allyn sold 8,169 shares of Pathfinder Bancorp stock in a transaction dated Thursday, December 5th. The stock was 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 of the company's stock, valued at $102,883.20. The trade was a 57.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 22.40% of the company's stock.

Pathfinder Bancorp Company Profile

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.