Pioneer Bancorp is a holding company. Through its subsidiary, Pioneer Bank, Co. provides financial services in the Capital Region of New York State. Co. originates commercial real estate loans, commercial and industrial loans, commercial construction loans and home equity loans and lines of credit and, to a lesser extent, consumer loans. Co. also invests in securities, which consist primarily of U.S. Government and agency obligations, municipal obligations and Federal Home Loan Bank of New York stock. Co. provides a variety of deposit accounts, including demand accounts, savings accounts, money market accounts and certificate of deposit accounts. The PBFS stock yearly return is shown above.
The yearly return on the PBFS stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PBFS annual return calculation with any dividends reinvested as applicable (on ex-dates).
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