PDL Community Bancorp, a financial holding company, provides various banking products and services. It accepts various deposit products, including demand accounts, NOW/IOLA accounts, money market accounts, reciprocal deposits, savings accounts, and certificates of deposit. The company also provides one-to-four family investor-owned, one-to-four family owner-occupied, multifamily and nonresidential, construction and land, commercial and industrial, and consumer loans; lines of credit; and paycheck protection program. In addition, it invests in securities, which consist of U.S. Government and federal agency securities and securities issued by government-sponsored or government-owned enterprises, as well as mortgage-backed securities, corporate bonds and obligations, and Federal Home Loan Bank stock. It operates 4 banking offices in Bronx, 2 banking offices in Manhattan, 3 banking offices in Queens, and 3 banking offices in Brooklyn, New York; 1 banking office in Union City, New Jersey; and 1 mortgage office in Nassau County, 2 mortgage offices in Queens, 1 mortgage office in Brooklyn, New York; and 1 mortgage office in Englewood Cliffs and 1 mortgage office in Bergenfield, New Jersey. The company was founded in 1960 and is based in Bronx, New York. PDL Community Bancorp operates as a subsidiary of Ponce Bank Mutual Holding Company.
IPO Year: 2017
Exchange: NASDAQ
Website: poncebank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/31/2023 | $11.00 → $9.00 | Buy → Sell | Compass Point |
| 2/24/2022 | $12.25 | Buy | Janney |
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
4 - Ponce Financial Group, Inc. (0001874071) (Issuer)
NEW YORK, March 23, 2022 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc. (the "Company"), the holding company for Ponce Bank, announced today that at the meetings of the Boards of Directors of the Company and Ponce Bank, held on March 17, 2022, the Boards increased the size of their respective boards from seven members to eight members and appointed Mr. James Perez to the Boards of Directors. Mr. Perez will be nominated by the Nomination Committee of the Company's Board to stand for election at the Annual Meeting of Stockholders, to be held on May 25, 2022, for a term ending at the 2023 Annual Meeting of Stockholders and until his successor shall have been elected and qualified. Mr. Perez
SC 13G/A - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G/A - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G/A - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G/A - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G/A - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G/A - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G/A - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G - Ponce Financial Group, Inc. (0001874071) (Subject)
SC 13G - Ponce Financial Group, Inc. (0001874071) (Subject)
Compass Point downgraded Ponce Financial Group from Buy to Sell and set a new price target of $9.00 from $11.00 previously
Janney initiated coverage of Ponce Financial Group with a rating of Buy and set a new price target of $12.25
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the fourth quarter of 2024. Fourth Quarter 2024 Highlights (Compared to Prior Periods): Net income available to common stockholders was $2.7 million, or $0.12 per diluted share for the three months ended December 31, 2024, as compared to net income available to common stockholders of $2.2 million, or $0.10 per diluted share for the three months ended September 30, 2024 and net income available to common stockholders of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023. Total
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the third quarter of 2024. Third Quarter 2024 Highlights (Compared to Prior Periods): Net income available to common stockholders was $2.2 million, or $0.10 per diluted share for the three months ended September 30, 2024, as compared to net income available to common stockholders of $3.1 million, or $0.14 per diluted share for the three months ended June 30, 2024 and net income available to common stockholders of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023. Total net
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the second quarter of 2024. Second Quarter 2024 Highlights (Compared to Prior Periods): Net income available to common stockholders was $3.1 million, or $0.14 per diluted share for the three months ended June 30, 2024, as compared to net income available to common stockholders of $2.4 million, or $0.11 per diluted share for the three months ended March 31, 2024 and net loss to common stockholders of ($0.1) million, or $0.00 per diluted share for the three months ended June 30, 2023. Net income for the three mo
NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today reported that the Bank exceeded the dividend rate reduction threshold for Qualified Lending targets designated by the U.S. Treasury Department pursuant to the Emergency Capital Investment Program ("ECIP"). The Bank's "qualified lending" as measured pursuant to ECIP totaled $1.162 billion from June 8, 2023 through March 31, 2024. This critical milestone of the ECIP program reduces the dividend obligation on Ponce Financial Group's $225.0 million Senior Non-Cumulative Perpetual Preferred Stock payable to the U.S. Treasury Department f
NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the first quarter of 2024. First Quarter 2024 Highlights (Compared to Prior Periods): Net income of $2.4 million, or $0.11 per diluted share for the three months ended March 31, 2024, as compared to net income of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023 and net income of $0.3 million, or $0.01 per diluted share for the three months ended March 31, 2023.Included in the $2.4 million of net income for the first quarter of 2024 results is $39.7 million in interest and
NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the fourth quarter of 2023. Fourth Quarter 2023 Highlights (Compared to Prior Periods): Net income of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023, as compared to net income of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023 and net loss of ($9.2) million, or ($0.40) per diluted share for the three months ended December 31, 2022.Included in the $0.5 million of net income for the fourth quarter of 2023 results is $35.0 milli
NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the third quarter of 2023. Third Quarter 2023 Highlights (Compared to Prior Periods): Net income of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023, as compared to net loss of ($0.1) million, or $0.00 per diluted share for the three months ended June 30, 2023 and net loss of ($14.7) million, or ($0.64) per diluted share for the three months ended September 30, 2022.Included in the $2.6 million of net income for the third quarter of 2023 results is $33.5 million in int
NEW YORK, July 28, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the second quarter of 2023. Second Quarter 2023 Highlights (Compared to Prior Periods): Net loss of ($0.1) million, or $0.00 per diluted share for the three months ended June 30, 2023, as compared to net income of $0.3 million, or $0.01 per diluted share for the three months ended March 31, 2023 and net income of $0.8 million, or $0.03 per diluted share for the three months ended June 30, 2022.Included in the ($0.1) million of net loss for the second quarter of 2023 results is $31.1 million in interest and div
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the first quarter of 2023. First Quarter 2023 Highlights (Compared to Prior Periods): Net income of $0.3 million or $0.01 per diluted share, for the three months ended March 31, 2023, as compared to net loss of ($9.2) million, or ($0.40) per diluted share for the three months ended December 31, 2022 and net loss of ($6.8) million, or ($0.31) per diluted share for the three months ended March 31, 2022.Included in the $0.3 million of net income for the first quarter of 2023 results is $15.2 million in net inter
NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., as the successor by merger with PDL Community Bancorp (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the fourth quarter of 2022. Fourth Quarter Highlights (Compared to Prior Periods): Net loss of ($9.2) million or ($0.40) per diluted share, for the three months ended December 31, 2022, as compared to net loss of ($14.7) million, or ($0.64) per diluted share for the three months ended September 30, 2022 and net income of $15.0 million, or $0.89 per diluted share for the three months ended December 31, 2021.Included in the ($9.2) million 2022 fourth quarter
10-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
10-Q - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
BRONX, N.Y., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Local dignitaries, Ponce Bank officers and administrators, and members of the public will celebrate Ponce Bank's transformed branch experience at the Grand Re-Opening, set for 12:30 pm, Thursday, February 27, 2025 at Ponce's Bank Branch, 2244 Westchester Avenue in the Bronx. "We incorporated what we've learned to be essential in providing service to our customers as well as to our communities. Integrating new technologies and modern design elements yields a branch that is attractive, welcoming, and replete with service options," says Steve Hamilton, SVP – Designer-in-Residence, who led the project. "This branch anchors the new Westchester Ba
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the fourth quarter of 2024. Fourth Quarter 2024 Highlights (Compared to Prior Periods): Net income available to common stockholders was $2.7 million, or $0.12 per diluted share for the three months ended December 31, 2024, as compared to net income available to common stockholders of $2.2 million, or $0.10 per diluted share for the three months ended September 30, 2024 and net income available to common stockholders of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023. Total
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the third quarter of 2024. Third Quarter 2024 Highlights (Compared to Prior Periods): Net income available to common stockholders was $2.2 million, or $0.10 per diluted share for the three months ended September 30, 2024, as compared to net income available to common stockholders of $3.1 million, or $0.14 per diluted share for the three months ended June 30, 2024 and net income available to common stockholders of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023. Total net
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the second quarter of 2024. Second Quarter 2024 Highlights (Compared to Prior Periods): Net income available to common stockholders was $3.1 million, or $0.14 per diluted share for the three months ended June 30, 2024, as compared to net income available to common stockholders of $2.4 million, or $0.11 per diluted share for the three months ended March 31, 2024 and net loss to common stockholders of ($0.1) million, or $0.00 per diluted share for the three months ended June 30, 2023. Net income for the three mo
NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today reported that the Bank exceeded the dividend rate reduction threshold for Qualified Lending targets designated by the U.S. Treasury Department pursuant to the Emergency Capital Investment Program ("ECIP"). The Bank's "qualified lending" as measured pursuant to ECIP totaled $1.162 billion from June 8, 2023 through March 31, 2024. This critical milestone of the ECIP program reduces the dividend obligation on Ponce Financial Group's $225.0 million Senior Non-Cumulative Perpetual Preferred Stock payable to the U.S. Treasury Department f
NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the first quarter of 2024. First Quarter 2024 Highlights (Compared to Prior Periods): Net income of $2.4 million, or $0.11 per diluted share for the three months ended March 31, 2024, as compared to net income of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023 and net income of $0.3 million, or $0.01 per diluted share for the three months ended March 31, 2023.Included in the $2.4 million of net income for the first quarter of 2024 results is $39.7 million in interest and
NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the fourth quarter of 2023. Fourth Quarter 2023 Highlights (Compared to Prior Periods): Net income of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023, as compared to net income of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023 and net loss of ($9.2) million, or ($0.40) per diluted share for the three months ended December 31, 2022.Included in the $0.5 million of net income for the fourth quarter of 2023 results is $35.0 milli
NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the third quarter of 2023. Third Quarter 2023 Highlights (Compared to Prior Periods): Net income of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023, as compared to net loss of ($0.1) million, or $0.00 per diluted share for the three months ended June 30, 2023 and net loss of ($14.7) million, or ($0.64) per diluted share for the three months ended September 30, 2022.Included in the $2.6 million of net income for the third quarter of 2023 results is $33.5 million in int
NEW YORK, July 28, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the second quarter of 2023. Second Quarter 2023 Highlights (Compared to Prior Periods): Net loss of ($0.1) million, or $0.00 per diluted share for the three months ended June 30, 2023, as compared to net income of $0.3 million, or $0.01 per diluted share for the three months ended March 31, 2023 and net income of $0.8 million, or $0.03 per diluted share for the three months ended June 30, 2022.Included in the ($0.1) million of net loss for the second quarter of 2023 results is $31.1 million in interest and div
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced results for the first quarter of 2023. First Quarter 2023 Highlights (Compared to Prior Periods): Net income of $0.3 million or $0.01 per diluted share, for the three months ended March 31, 2023, as compared to net loss of ($9.2) million, or ($0.40) per diluted share for the three months ended December 31, 2022 and net loss of ($6.8) million, or ($0.31) per diluted share for the three months ended March 31, 2022.Included in the $0.3 million of net income for the first quarter of 2023 results is $15.2 million in net inter