Pioneer Bancorp is a bank holding company. Through its subsidiary, Pioneer Bank, Co. provides financial services in the Capital Region of New York State. Co.'s principal lending activity has been originating commercial real estate loans (including multi-family real estate loans), commercial and industrial loans, commercial construction loans and home equity loans and lines of credit. Co. invests in various types of investment securities and liquid assets, including U.S. Treasury obligations and collateralized mortgage obligations. Co. provides a variety of deposit accounts, including demand accounts, savings accounts, money market accounts and certificate of deposit accounts. The PBFS average annual return since 2019 is shown above.
The Average Annual Return on the PBFS average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PBFS average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PBFS average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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