PDL Community Bancorp Announces 2019 Second Quarter Results
Ponce Financial Group, Inc. (PDLB)
US:NASDAQ Investor Relations:
poncebank.gcs-web.com
Company Research
Source: GlobeNewswire
NEW YORK, Aug. 02, 2019 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), reported net income of $950,000, or $0.05 per basic and diluted share, for the second quarter of 2019, compared to $668,000, or $0.04 per basic and diluted share, for the prior quarter and net income of $699,000, or $0.04 per basic and diluted share, for the second quarter of 2018. For each of the six months ended June 30, 2019 and 2018, net income was $1.6 million, or $0.09 per basic and diluted share. Carlos P. Naudon, President and CEO remarked that, “although the rise in interest rates and the growth of the construction and land portfolio has helped in maintaining the yield we receive on our earning assets, the rates we pay on interest-bearing liabilities has increased more rapidly due to increased competition for deposits in our market place combined with an increase in the costs of alternative funding sources to support our growth.
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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