• Pioneer Bancorp posted net income of USD 5.3 million for the quarter ended March 31, 2026, down USD 473,000 from the prior-year quarter.
• Net interest income rose 8.7% to USD 20.8 million, lifting net interest margin 9 basis points to 4.21%.
• Non-interest expense climbed 24.2% to USD 18.1 million, driven by a USD 2.7 million increase in professional fees.
• Deposits increased 6.5% to USD 1.85 billion at March 31, 2026, while net loans receivable grew 3.3% to USD 1.7 billion.
• Completed acquisitions of Targeted Lending on April 24, 2026 for about USD 140 million enterprise value, plus Reiser Consulting Group and Wyndham Benefits on April 20, 2026 to expand employee benefits offerings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pioneer Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-058663), on May 11, 2026, and is solely responsible for the information contained therein.