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Ponce Financial Group (NASDAQ:PDLB) Announces Earnings Results, Beats Estimates By $0.16 EPS

Ponce Financial Group logo with Finance background

Ponce Financial Group (NASDAQ:PDLB - Get Free Report) posted its quarterly earnings data on Friday. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.16, Zacks reports. Ponce Financial Group had a return on equity of 4.01% and a net margin of 6.46%. The firm had revenue of $24.58 million for the quarter, compared to the consensus estimate of $23.40 million.

Ponce Financial Group Stock Up 6.9 %

Shares of NASDAQ:PDLB opened at $12.48 on Friday. Ponce Financial Group has a 52 week low of $8.01 and a 52 week high of $13.97. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market cap of $299.10 million, a PE ratio of 26.55 and a beta of 0.50. The firm has a 50 day simple moving average of $12.32 and a 200 day simple moving average of $12.59.

About Ponce Financial Group

(Get Free Report)

Ponce Financial Group, Inc 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.

See Also

Earnings History for Ponce Financial Group (NASDAQ:PDLB)

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