Under the repurchase program, the Company may repurchase up to 1,235,000 shares of its common stock, which represents approximately 5% of the issued and outstanding shares of the Company.
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| 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)
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)
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, 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
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
8-K - Ponce Financial Group, Inc. (0001874071) (Filer)
10-Q - Ponce Financial Group, Inc. (0001874071) (Filer)
Ponce Finl Gr (NASDAQ:PDLB) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $(0.03) by 466.67 percent.
Ponce Financial Group(NASDAQ:PDLB) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $0.01 by 100 percent. This is a 105 percent increase over losses of $(0.40) per share from the same period last year. The company reported quarterly sales of $18.48 million which beat the analyst consensus estimate of $16.70 million by 10.67 percent. This is a 11.32 percent increase over sales of $16.60 million the same period last year.
Ponce Financial Group, Inc., (the "Company") (NASDAQ:PDLB), the holding company for Ponce Bank (the "Bank"), today announced that Ponce Bank was accepted into the Department of the Treasury, Bureau of Fiscal Service, Minority Bank Deposit Program. As a participating bank, the Bank will have the opportunity to receive exposure, technical training and networking with the goal to:become eligible for the Treasury Bank Mentor-Protégé programexpand capacity and accelerate growthdevelop expertise in working with the Department of the Treasuryparticipate as a depositary or financial agent at the federal, state or local government levelPresident and Chief Executive Officer's Comments:Carlos P. Naudon
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, 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