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Stock impact report

Ponce Bank Opens Representative Office in Coral Gables, Florida [Yahoo! Finance]

Ponce Financial Group, Inc. (PDLB) 
US:NASDAQ Investor Relations: poncebank.gcs-web.com
Company Research Source: Yahoo! Finance
President and CEO of Ponce Bank Carlos Naudon said, “A presence in South Florida makes perfect sense. Many of our customers have businesses in Florida or spend their winter months here, and the large Hispanic community perfectly fits one of our primary demographics. Our recently implemented digital platform, PonceBank+Direct?, combined with the talent of Mr. Sanchez who has a deep network among small business owners, makes it possible for us to offer a wide range of services in support of our dual-state clientele.” Jay Sanchez has built a reputation in New Jersey servicing small business customers, especially in the retail grocery field, and he's excited about this opportunity to expand the footprint of his highly sought after customer service. According to Mr. Sanchez, “My customers, many of whom have businesses in both New Jersey and Florida, kept asking me why we don't open an office down here. After serious internal discussion, we confirmed the tremendous synergy and opportunit Show less Read more
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