Ponce Financial Group, Inc.

PDLB

US7323441060

Banks

End-of-day quote Nasdaq Other stock markets 23:00:00 17/06/2024 BST			5-day change	1st Jan Change
8.91 ^USD	-0.34%		-0.34%	-8.71%

05-10	Bank of New York Mellon, Ponce Bank Partner Under US Treasury Department's Mentor-Protege Program	MT
04-30	Ponce Financial Group, Inc. Reports Net Charge Offs for the First Quarter Ended March 31, 2024	CI

Ponce Financial Group, Inc. Reports Net Charge Offs for the First Quarter Ended March 31, 2024

April 30, 2024 at 10:28 pm

Ponce Financial Group, Inc. reported Net charge offs for the first quarter ended March 31, 2024. for the quarter, the company reported net charge offs of $1,235,000 against $2,206,000 a year ago.

Latest news about Ponce Financial Group, Inc.

Bank of New York Mellon, Ponce Bank Partner Under US Treasury Department's Mentor-Protege Program	05-10	MT
Ponce Financial Group, Inc. Reports Net Charge Offs for the First Quarter Ended March 31, 2024	04-30	CI
Ponce Financial Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	04-30	CI
Ponce Financial Group, Inc. Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2023	01-30	CI
Ponce Financial Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	01-30	CI
Ponce Financial Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	01-30	CI
Ponce Financial Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	30/10/23	CI
Ponce Financial Group Completes Share Buyback Plan	16/08/23	MT
Tranche Update on Ponce Financial Group, Inc.'s Equity Buyback Plan announced on May 16, 2023.	16/08/23	CI
Ponce Financial Group, Inc.'s Equity Buyback announced on May 16, 2023, has closed with 1,235,000 shares, representing 5% for $10.89 million.	15/08/23	CI
Tranche Update on Ponce Financial Group, Inc.'s Equity Buyback Plan announced on May 16, 2023.	28/07/23	CI
Ponce Financial Group, Inc. Announces Net Charge-Offs for the Second Quarter Ended June 30, 2023	28/07/23	CI
Ponce Financial Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	28/07/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell Small Cap Comp Value Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 3000 Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 2000 Value-Defensive Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 3000E Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell Small Cap Completeness Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 2500 Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 2000 Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 3000E Value Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 2500 Value Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 2000 Defensive Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 3000 Value Index	23/06/23	CI
Ponce Financial Group, Inc.(NasdaqGM:PDLB) added to Russell 2000 Value Index	23/06/23	CI

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Ponce Financial Group, Inc. is the holding company of Ponce Bank (the Bank), a federally chartered stock savings association. It operates through the administrative office and 13 full-service banking offices and five mortgage loan offices. The Bank's business primarily consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans, consisting of one-to-four family residential (both investor-owned and owner-occupied), multifamily residential, nonresidential properties and construction and land, and, to a lesser extent, in business and consumer loans. The Bank also invests in securities, corporate securities, mortgage-backed securities and Federal Home Loan Bank of New York stock. The Bank offers a variety of deposit accounts, including demand, savings, money markets and certificates of deposit accounts. The Companyâs primary market area consists of the New York City metropolitan area.

Sector

Banks

Calendar

25/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8.99 USD

Average target price

10 USD

Spread / Average Target

+11.23%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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