Prudential Bancorp, Inc. operates as the bank holding company for Prudential Bank that provides various banking products or services. The company accepts interest-bearing and non-interest-bearing checking, money market, savings, and certificates of deposit accounts. Its loan portfolio comprises single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, and commercial business loans, as well as consumer loans, such as loans secured by deposit accounts and unsecured personal loans. The company also manages a portfolio of investment and mortgage-backed securities; and provides ATM, and online and mobile banking services. It operates a main office in Philadelphia, Pennsylvania, as well as nine additional full-service branch offices, including seven in Philadelphia, Philadelphia County; one in Drexel Hill, Delaware County; and one in Huntingdon Valley, Montgomery County, Pennsylvania. Prudential Bancorp, Inc. was founded in 1886 and is headquartered in Philadelphia, Pennsylvania.
IPO Year:
Exchange: NASDAQ
Website: psbanker.com
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Piper Sandler initiated coverage of Prudential Bancorp with a rating of Neutral and set a new price target of $15.00
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VIRGINIA BEACH, VA / ACCESSWIRE / September 5, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company"), today announced the election of Dennis Pollack to the Company's Board of Directors (the "Board"), and his appointment to the Audit Committee of the Board (the "Audit Committee"). Mr. Pollack's election to the Board and appointment to the Audit Committee are effective as of September 5, 2023.Stefani D. Carter, Chair of the Company's Board, said, "We are thrilled to welcome Dennis to our team. With over 35 years of proven operational and financial experience, Dennis will be a valuable addition to Wheeler, and we look forward to his contributions to our Bo
Will Expand Fulton Bank's Presence in Philadelphia; $2 Million Pledged to Support Neighborhood Causes Fulton Financial Corporation (NASDAQ:FULT) ("Fulton") today announced the successful completion of its acquisition of Prudential Bancorp, Inc. (NASDAQ:PBIP) ("Prudential Bancorp") headquartered in Philadelphia, Pennsylvania, in a transaction in which Prudential Bancorp was merged into Fulton (the "Merger"). "We are excited to have completed, in approximately four months, the acquisition of Prudential Bancorp," said E. Philip Wenger, Fulton's Chairman and Chief Executive Officer. "I am really proud of the team members from both banks, who are joining together to create a smooth transition
Fulton Financial Corporation (NASDAQ:FULT) ("Fulton") and Prudential Bancorp, Inc. (NASDAQ:PBIP) ("Prudential Bancorp") today announced that Prudential Bancorp shareholders have voted to approve Fulton's acquisition of Prudential Bancorp and its subsidiary, Prudential Bank, located in Philadelphia, with more than 98% of the votes cast being voted in favor of approving the Agreement and Plan of Merger (the "Merger Agreement") that was previously announced on March 2, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220615005836/en/ "The approval by Prudential Bancorp shareholders, coupled with the receipt of all required regul
Fulton Financial Corporation (NASDAQ:FULT) ("Fulton") is pleased to announce that both the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities have approved the respective applications by Fulton to acquire Prudential Bancorp, Inc. (NASDAQ:PBIP) ("Prudential") and, indirectly, to acquire Prudential Bank, located in Philadelphia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220523005152/en/ "These regulatory approvals mark an important milestone in this acquisition, which will further strengthen Fulton's presence in the Philadelphia region," said E. Philip Wenger, Fulton's Chairman and C
PHILADELPHIA, May 18, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on June 21, 2022, to the shareholders of record at the close of business on June 7, 2022. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-service finan
PHILADELPHIA, April 29, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP), the holding company for Prudential Bank (the "Bank"), reported a net loss of $6.5 million, or ($0.84) per basic and diluted share, for the quarter ended March 31, 2022 as compared to net income of $1.7 million, or $0.22 per basic share and $0.21 per diluted share, for the same quarter in fiscal 2021. For the six months ended March 31, 2022, the Company reported a net loss of $4.7 million, or ($0.60) per basic and diluted share as compared to net income of $3.6 million, or $0.44 per basic and diluted share, for the same period in fiscal 2021. The losses incurred for the fiscal 2022 perio
Fulton Financial Corporation (NASDAQ:FULT) ("Fulton") and Prudential Bancorp, Inc. (NASDAQ:PBIP) ("Prudential") announced today that they have entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") under which Prudential will merge with and into Fulton in a stock and cash transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220302005379/en/ Fulton Financial Corporation, the bank holding company for Fulton Bank, N.A. (www.fultonbank.com), with consolidated assets of approximately $26 billion, provides financial services through 200 financial centers in Pennsylvania, Delaware, Maryland, New Jersey an
PHILADELPHIA, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on March 21, 2022, to the shareholders of record at the close of business on March 7, 2022. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-service fina
PHILADELPHIA, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP), the holding company for Prudential Bank (the "Bank"), reported net income of $1.8 million, or $0.24 per diluted share, for the quarter ended December 31, 2021 as compared to $1.8 million or $0.23 per diluted share, for the comparable period in 2020. Dennis Pollack, President and CEO, commented, "We are pleased to report continued positive operating results. We are continuing to closely monitor the challenging environment surrounding the continuing COVID-19 pandemic but remain confident in our long-term strength and stability and our ability to weather the storm of this crisis. We are al
PHILADELPHIA, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on December 21, 2021 to the shareholders of record at the close of business on December 7, 2021. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-s
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PHILADELPHIA, May 18, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on June 21, 2022, to the shareholders of record at the close of business on June 7, 2022. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-service finan
PHILADELPHIA, April 29, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP), the holding company for Prudential Bank (the "Bank"), reported a net loss of $6.5 million, or ($0.84) per basic and diluted share, for the quarter ended March 31, 2022 as compared to net income of $1.7 million, or $0.22 per basic share and $0.21 per diluted share, for the same quarter in fiscal 2021. For the six months ended March 31, 2022, the Company reported a net loss of $4.7 million, or ($0.60) per basic and diluted share as compared to net income of $3.6 million, or $0.44 per basic and diluted share, for the same period in fiscal 2021. The losses incurred for the fiscal 2022 perio
Fulton Financial Corporation (NASDAQ:FULT) ("Fulton") and Prudential Bancorp, Inc. (NASDAQ:PBIP) ("Prudential") announced today that they have entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") under which Prudential will merge with and into Fulton in a stock and cash transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220302005379/en/ Fulton Financial Corporation, the bank holding company for Fulton Bank, N.A. (www.fultonbank.com), with consolidated assets of approximately $26 billion, provides financial services through 200 financial centers in Pennsylvania, Delaware, Maryland, New Jersey an
PHILADELPHIA, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on March 21, 2022, to the shareholders of record at the close of business on March 7, 2022. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-service fina
PHILADELPHIA, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on December 21, 2021 to the shareholders of record at the close of business on December 7, 2021. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-s
PHILADELPHIA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on September 21, 2021 to the shareholders of record at the close of business on September 7, 2021. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-se
PHILADELPHIA, May 19, 2021 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the "Company") (NASDAQ:PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on June 21, 2021 to the shareholders of record at the close of business on June 7, 2021. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-service financia
PHILADELPHIA, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the “Company”) (Nasdaq: PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on March 22, 2021 to the shareholders of record at the close of business on March 8, 2021. Prudential Bancorp, Inc. is the holding company for Prudential Bank, a Pennsylvania-chartered, FDIC-insured savings bank originally organized in 1886 and headquartered in Philadelphia, Pennsylvania. Prudential conducts business from its headquarters and main office in Philadelphia, Pennsylvania as well as nine additional full-service fi
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