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Pathfinder Bancorp, Inc. (NASDAQ:PBHC), a $91.8 million market cap regional bank trading at a P/E ratio of 28.2, held its 2025 Annual Meeting of Shareholders today. During the meeting, all proposed resolutions were approved, including the election of four directors and the ratification of the company’s independent auditor. According to InvestingPro, the bank maintains a FAIR financial health score and offers a 2.68% dividend yield.
Shareholders elected Eric Allyn, Meghan Crawford-Hamlin, Adam C. Gagas, and Melanie Littlejohn to serve as directors for a three-year term. The vote counts were as follows:
- Eric Allyn received 2,722,315 votes in favor, with 412,188 votes withheld.
- Meghan Crawford-Hamlin received 2,295,489 votes in favor, with 839,014 votes withheld.
- Adam C. Gagas received 2,723,236 votes in favor, with 411,267 votes withheld.
- Melanie Littlejohn received 2,625,511 votes in favor, with 508,992 votes withheld.
Additionally, the shareholders ratified the appointment of Bonadio & Company, LLP, as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The vote tally for this resolution included 3,846,031 votes in favor, 10,371 votes against, and 29,534 abstentions.
This information is based on a statement from the company’s SEC Form 8-K filing.
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