 PCSB Financial Corporation the Company NASDAQ: PCSB announced today that it has authorized a program to repurchase up to 890,021 shares, representing 5 of its outstanding shares of common stock. The timing and amount of any repurchases will depend on various factors, including but not limited to, market conditions, stock price, and alternative uses of capital. Repurchases may be transacted in the open-market or in negotiated private transactions and may be conducted pursuant to a trading plan adopted in accordance with Securities and Exchange Commission Rule 10b5-1. PCSB Financial Corporation is the bank holding company for PCSB Bank, a New York-chartered commercial bank. PCSB Bank has served the banking needs of its customers in the Lower Hudson Valley of New York State since 1871. It operates from its executive officesheadquarters and 15 branch offices located in Dutchess, Putnam, Rockland and Westchester Counties in New York. 