Pathfinder Bancorp, INC 8-K filings

Pathfinder Bancorp held its annual shareholder meeting, highlighting its strategic growth plans, financial performance, and market positioning amidst a challenging interest rate environment.

Pathfinder Bancorp has announced the retirement of its CFO, Walter F. Rusnak, effective June 28, 2024, and the appointment of Justin K. Bigham as his successor, while also extending a key registration rights agreement deadline.

Pathfinder Bancorp announced a net income of $2.1 million for the first quarter of 2024, a decrease compared to the same period last year, while strategically navigating a challenging economic environment.

Pathfinder Bancorp has announced an increased quarterly cash dividend of $0.10 per share, up from $0.09, for the quarter ending March 31, 2024.

Pathfinder Bancorp is set to acquire the East Syracuse branch from Berkshire Bank, significantly boosting its deposit base and expanding its presence in the Syracuse market.

Pathfinder Bancorp has agreed to purchase a Berkshire Bank branch in East Syracuse, New York, including approximately $198 million in deposits and $32 million in loans.

Pathfinder Bancorp announced a net income of $2.5 million for the fourth quarter of 2023 and $9.3 million for the full year, reflecting a decrease compared to the previous year but highlighting effective expense management and resilient operations.