Ponce Financial Group

Ponce Financial Group, Inc. operates as a holding company. It operates as a holding company for Ponce Bank and Mortgage World Bankers, Inc. Ponce Bank is a federally-chartered stock savings association and Mortgage World is a mortgage banking entity subject to the comprehensive regulation and examination of the New York State Department of Financial Services. The company is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ponce Financial Group, Inc. is a savings and loan holding company, which engages in acquiring banking and financial services companies. It offers personal checking, savings, business management, and loans and mortgages. The company was founded in March 1960 and is headquartered in Bronx, NY.

NEW YORK, July  14, 2020  (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), announced that on July 10, 2020 it had completed the acquisition of Mortgage World Bankers, Inc. (“MWB”). MWB is a mortgage banking company headquartered in Astoria, New York. Michael Lagoudis will continue to manage MWB’s operations as its President and CEO and became a Senior Vice President of the Company. Stephanos Lagoudis will continue to assist MWB in a consulting capacity. Steven A. Tsavaris, Executive Chairman of the Company, became the Executive Chairman of MWB and Carlos P. Naudon, President and CEO of the Company became a Director of MWB.

PDL Community Bancorp Announces Completion of the Acquisition of Mortgage World Bankers

NEW YORK, June  03, 2020  (GLOBE NEWSWIRE) -- Ponce Bank, the wholly-owned subsidiary of PDL Community Bancorp, (NASDAQ: PDLB) teams with Grain Technology Inc. (“Grain”) to provide revolving lines of credit to those with little to no credit, or who’ve had their credit damaged, by transforming debit cards into “crebit” cards. The Grain app, Powered by Ponce™ also seeks to teach financial literacy and uses Artificial Intelligence (“AI”) tools to automatically build credit history aligning the companies’ bifold mission to extend credit and education to the underserved while combating economic inequality in the U.S.

Ponce Bank Announces that it is Teaming Up with Grain Technology to Give Everyone A Little Credit

NEW YORK, June  03, 2020  (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), reported that the New York State Department of Financial Services has approved the Company’s acquisition of 100% of the stock of Mortgage World Bankers, Inc. (“MWB”). MWB is a mortgage banking company headquartered in Astoria, New York. Michael Lagoudis will continue to manage MWB’s operations as its President and CEO and will become a Senior Vice President of the Company. Stephanos Lagoudis will continue to assist MWB in a consulting capacity. Steven A. Tsavaris, Executive Chairman of the Company, will become the Chairman and Carlos P. Naudon, President and CEO of the Company will become a Director of MWB. The acquisition is expected to close on or about July 1, 2020.

PDL Community Bancorp Announces Regulatory Approval to Acquire Mortgage World Bankers

NEW YORK, March  30, 2020  (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) announced today that its Board of Directors had terminated, effective on March 27, 2020, the Company’s share repurchase program which was initiated on November 13, 2019. Under the repurchase program, the Company could have repurchased up to 878,835 shares of its common stock, or approximately 5% of the then current outstanding shares. The repurchase program was set to expire on May 12, 2020.  At the time of the termination of the repurchase program initiated on November 13, 2019, 367,098 shares of the Company's common stock had been repurchased, at a weighted-average price of $13.91 per share. Since the Company first started to repurchase shares of its common stock on March 25, 2019, a total of 1,253,423 shares, at a weighted-average price per share of $14.18, have been repurchased.

PDL Community Bancorp Announces Termination of Share Repurchase Program

NEW YORK, Nov.  13, 2019  (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) announced today that its Board of Directors has adopted a share repurchase program intended to enhance shareholder value effective November 13, 2019. Under the repurchase program, the Company may repurchase up to 878,835 shares of its common stock, or approximately 5% of the current outstanding shares.

PDL Community Bancorp  Announces Share Repurchase Program

News for Ponce Financial Group Stock (PDLB)