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 YTD return is shown above.
The YTD Return on the PBFS YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether PBFS YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD 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 YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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