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Ponce Financial Group 7/30/2024 Earnings Report

Ponce Financial Group logo
$12.50 +0.02 (+0.16%)
(As of 12/20/2024 05:16 PM ET)

Ponce Financial Group EPS Results

Actual EPS
$0.14
Consensus EPS
$0.01
Beat/Miss
Beat by +$0.13
One Year Ago EPS
N/A

Ponce Financial Group Revenue Results

Actual Revenue
$41.05 million
Expected Revenue
$19.80 million
Beat/Miss
Beat by +$21.25 million
YoY Revenue Growth
N/A

Ponce Financial Group Announcement Details

Quarter
Time
After Market Closes
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Ponce Financial Group Earnings Headlines

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About Ponce Financial Group

Ponce Financial Group (NASDAQ:PDLB) operates as the bank holding company for Ponce Bank that provides various banking products and services. It offers various deposit products, including demand accounts, NOW/IOLA, money market, reciprocal deposits, savings accounts, and certificates of deposit to individuals, business entities, and non-profit organizations, as well as individual retirement accounts. The company also provides real estate-secured loans, which includes one-to-four family investor-owned and owner-occupied residential; multifamily residential; nonresidential property; construction and land; commercial and industrial; and business and consumer loans, as well as lines of credit. In addition, it invests in securities, which consist of U.S. Government and federal agency securities and securities issued by government-sponsored or owned enterprises, as well as corporate securities, mortgage-backed securities, and Federal Home Loan Bank stock. Ponce Financial Group, Inc. was founded in 1960 and is headquartered in Bronx, New York.

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