OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, reported net income of $4.3 million, or 69 cents per share, in the fourth quarter, up 72 percent from $2.5 million or 41 cents, in the fourth quarter of 2023. The latest quarterly results included a benefit of about $1.4 million […]
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, reported net income of $4.3 million, or 69 cents per share, in the fourth quarter, up 72 percent from $2.5 million or 41 cents, in the fourth quarter of 2023.
The latest quarterly results included a benefit of about $1.4 million from a gain on Pathfinder’s previously announced sale of its insurance agency, net of taxes and transaction-related expenses.
For the full year 2024, Pathfinder earned net income of $3.8 million, or 60 cents a share, down from $9.3 million, or $1.51 per share, in 2023.
Pathfinder Bank is a New York State–chartered commercial bank headquartered in Oswego with 11 full-service branches located in its market areas of Oswego and Onondaga counties and one limited-purpose office in Oneida County.
