PDL Community Bancorp Announces 2019 Fourth Quarter Results
Ponce Financial Group, Inc. (PDLB)
US:NASDAQ Investor Relations:
poncebank.gcs-web.com
Company Research
Source: GlobeNewswire
NEW YORK, Feb. 28, 2020 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), reported a net loss of ($7.5 million), or ($0.43) per basic and diluted share, for the fourth quarter of 2019, compared to net income of $709,000, or $0.04 per basic and diluted share, for the prior quarter and net income of $635,000, or $0.04 per basic and diluted share, for the fourth quarter of 2018. For the year ended December 31, 2019, the net loss was ($5.1 million), or ($0.29) per basic and diluted share, compared to net income of $2.7 million, or $0.15 per basic and diluted share for the year ended December 31, 2018. The reduction in net income during the fourth quarter of 2019 was due primarily to a one-time charge of $9.9 million ($7.8 million net of tax effect) related to the termination of the Company’s Defined Benefit Plan. Excluding the one-time charge, the Company would have reported net income of $393,000, or $0.02
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News
- Ponce Financial Group Third Quarter 2024 Earnings: EPS: US$0.096 (vs US$0.12 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Ponce Financial Group, Inc. Reports Third Quarter 2024 ResultsGlobeNewswire
- Ponce Bank Opens Representative Office in Coral Gables, Florida [Yahoo! Finance]Yahoo! Finance
- Ponce Bank Opens Representative Office in Coral Gables, FloridaGlobeNewswire
- Ponce Financial Group (NASDAQ:PDLB) shareholders have earned a 39% return over the last year [Yahoo! Finance]Yahoo! Finance
PDLB
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 10-Q
- 10/30/24 - Form 8-K
- PDLB's page on the SEC website