For Q1 FY2026 ended March 31, 2026, Ponce Financial Group reported net income of $8.6 million, up 44.7% year-over-year. Diluted EPS was $0.36, a 44.0% increase from the prior year. Cash and cash equivalents stood at $117.2 million, with total equity of $551.4 million and long-term debt of $571.1 million.
•Net income rose 44.7% YoY to $8.6 million.
•Diluted EPS increased 44.0% to $0.36.
•Cash and cash equivalents were $117.2 million.
•Equity totaled $551.4 million, with long-term debt of $571.1 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Ponce Financial is the bank holding company for Ponce Bank that provides various banking products and services. It provides various deposits, including demand, NOW/IOLA, money market, individual retirement, and savings accounts.
Its portfolio also includes reciprocal deposits, and certificates of deposit to individuals, business entities, and non-profit organizations, as well as real estate-secured loans including one-to-four family investor-owned and owner-occupied residential.
Its portfolio also includes multifamily residential, nonresidential property, construction and land, commercial and industrial, and business and consumer loans. Additionally, it invests in securities, which consist of U.S. government and federal agency securities and securities issued by government-sponsored or owned enterprises Corporate securities, mortgage-backed securities, and Federal Home Loan Bank of New York stock. Founded in 1960, Ponce Financial is headquartered in Bronx, New York.
Ponce Financial Group, Inc. is the bank holding company for Ponce Bank, which provides a range of banking products and services. The bank offers various deposit accounts, including demand deposits, NOW/IOLA accounts, money market accounts, individual retirement accounts, and savings accounts. It also provides reciprocal deposits and certificates of deposit to individuals, business entities, and non-profit organizations. On the lending side, Ponce Bank originates real estate-secured loans such as one-to-four family investor-owned and owner-occupied residential loans, multifamily residential loans, nonresidential property loans, construction and land loans, as well as commercial and industrial loans, and business and consumer loans. Additionally, the bank invests in securities, including U.S. government and federal agency securities, government-sponsored enterprise securities, corporate securities, mortgage-backed securities, and Federal Home Loan Bank of New York stock.
Where is Ponce Financial Group, Inc. listed and what currency does it trade in?
Ponce Financial Group, Inc. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol PDLB. The company trades in U.S. dollars (USD), which is the official currency of the United States where it is headquartered. As a U.S.-based financial institution, its financial reporting and stock trading are conducted in USD, making it accessible to investors on major U.S. exchanges.
What sector and industry does Ponce Financial Group, Inc. belong to?
Ponce Financial Group, Inc. operates in the Financial Services sector and is classified under the Banks - Regional industry. This means it is a regional bank that provides traditional banking services to individuals, businesses, and non-profit organizations within a specific geographic area. As a regional bank, it focuses on community-oriented banking, offering deposit accounts, loans, and investment products tailored to local customers. Its industry classification reflects its role as a financial intermediary that accepts deposits and originates loans, primarily in the New York metropolitan area.
Where is Ponce Financial Group, Inc. headquartered and what markets does it serve?
Ponce Financial Group, Inc. is headquartered in Bronx, New York, United States. Founded in 1960, the company has a long history of serving the local community. As a regional bank, Ponce Bank primarily serves customers in the New York metropolitan area, including individuals, business entities, and non-profit organizations. Its products and services are designed to meet the needs of the local market, with a focus on real estate-secured lending and deposit accounts. The bank's headquarters in the Bronx positions it to cater to the diverse financial needs of the surrounding communities.
How does Ponce Financial Group, Inc. generate revenue?
Ponce Financial Group, Inc. generates revenue primarily through its banking operations, which include net interest income from loans and investments, as well as non-interest income from fees and services. The bank earns interest on its loan portfolio, which consists of real estate-secured loans (residential, multifamily, nonresidential, construction), commercial and industrial loans, and consumer loans. It also earns interest from its investment securities, such as U.S. government and agency securities, mortgage-backed securities, and corporate securities. Additionally, the bank generates fee income from deposit accounts and other banking services. Its deposit base, including demand, money market, and savings accounts, provides low-cost funding for its lending activities.