Welcome to our dedicated page for PONCE FINANCIAL GROUP news (Ticker: PDLB), a resource for investors and traders seeking the latest updates and insights on PONCE FINANCIAL GROUP stock.
Ponce Financial Group, Inc. (NASDAQ: PDLB) is the holding company for Ponce Bank, N.A., a Bronx-founded savings institution and community-focused bank. News about PDLB frequently centers on its banking operations, financial performance, regulatory developments, and community initiatives carried out through Ponce Bank and related entities.
Investors following PDLB news can expect regular earnings releases detailing quarterly and annual results for Ponce Financial Group and Ponce Bank. These updates cover metrics such as net income, net interest income, net interest margin, non-interest income and expense, loan growth, deposit trends, asset quality ratios, and capital measures. The company also issues press releases when it files related reports with the SEC, such as Form 8-K items tied to results of operations.
Another key category of news involves strategic and regulatory milestones. For example, the company has announced the conversion of Ponce Bank into a national bank operating as Ponce Bank, National Association, and the corresponding transition of Ponce Financial Group into a bank holding company and financial holding company. Such announcements explain the reasons for these changes and any expected impact on the bank’s powers and business focus.
PDLB-related news also highlights Ponce Bank’s role as a Minority Depository Institution and Community Development Financial Institution, including participation in programs like the U.S. Treasury’s Emergency Capital Investment Program and grant programs supporting small businesses and nonprofits. In addition, releases describe community-oriented projects such as branch redesigns, local grantmaking through the Ponce De Leon Foundation, and appointments to the bank’s board of directors.
For readers tracking PDLB, the news stream offers insight into both the financial performance of Ponce Financial Group and the broader community and regulatory context in which Ponce Bank operates. Returning to this page allows users to see how the company’s earnings, lending activities, and community initiatives evolve over time.
Ponce Financial Group (NASDAQ: PDLB) reported strong fourth-quarter and full-year 2025 results. Q4 net income available to common stockholders was $9.9M ($0.42 diluted), up from $2.7M a year earlier; full-year net income available to common was $27.6M ($1.20 diluted).
Net interest income rose to $27.9M in Q4 and $99.8M for 2025, with net interest margin at 3.57% in Q4. Loans grew to $2.60B and capital ratios remain well above regulatory minima.
Ponce De Leon Foundation (PDLB) announced grants totaling $635,000 awarded to nonprofit organizations on January 8, 2026. Since 2017 the foundation has provided over $3.6 million in grants. Awards range from $15,000 to $30,000 and support programs including education, workforce development, senior services, arts, refugee economic mobility, housing assistance, and health-related community services across New York and neighboring communities.
Ponce Bank (PDLB) announced the appointment of Marlene Cintron to its Board of Directors effective January 5, 2026. Cintron brings over three decades of public policy, economic development, finance, and government relations experience focused on underserved communities.
Her background includes leadership of the Bronx Overall Economic Development Corporation where Bronx unemployment fell from 14% to under 6%, attracting more than $9 billion in private investment and enabling over 44,000 new housing units. She served as SBA Region 2 Administrator through January 2025, a role tied to a reported 20% regional small-business growth, and has held senior roles in city, state, and private-sector finance. Cintron holds a law degree from Georgetown and a master’s from Fordham.
Ponce Bank (PDLB) announced on Nov 17, 2025 it was awarded $50,000 from the Federal Home Loan Bank of New York Small Business Recovery Grant program. The funds were distributed to 12 small businesses and nonprofits across Ponce Bank's service area to support payroll, equipment, and working capital.
The award supports economic inclusion and community development across New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands and reflects Ponce Bank's focus on providing fair banking access to underserved communities.
Ponce Financial Group (NASDAQ: PDLB) reported third quarter 2025 results for the period ended September 30, 2025. Q3 net income available to common was $6.2M or $0.27 diluted EPS; nine‑month net income available to common was $17.7M or $0.77 diluted EPS. Net interest income was $25.2M in Q3 (net interest margin 3.30%), up 32.7% YoY for the quarter. Loans and deposits grew: net loans $2.49B (+8.90% vs Dec 31, 2024) and deposits $2.06B (+8.86% vs Dec 31, 2024). Total assets were $3.16B at Sept 30, 2025.
Ponce Bank (PDLB) celebrated the grand opening of its new Inwood branch on October 6, 2025, at 3876 9th Avenue in Upper Manhattan. The ribbon-cutting gathered community leaders, local business owners, and elected officials including Congressman Adriano Espaillat and Senator Robert Jackson.
The bank emphasized its mission-driven focus on providing accessible, dignified banking to families, street vendors, and small businesses in Inwood, and thanked local organizations and agencies that supported the expansion.
Ponce Financial Group (NASDAQ:PDLB) announced that effective October 10, 2025 its subsidiary Ponce Bank completed a conversion from a federally chartered stock savings association to a national bank and commenced operations as Ponce Bank, National Association. The company also commenced operations as a bank holding company and elected to become a financial holding company, enabling engagement in additional financial activities. The bank sought national status to increase bank powers, including eligibility to receive municipal deposits in New York. Management indicated they do not expect material changes to core business operations as a result of the conversions.
Ponce Financial Group (NASDAQ: PDLB) reported strong Q2 2025 results with net income available to common stockholders of $5.8 million, or $0.25 per diluted share, compared to $3.1 million ($0.14/share) in Q2 2024.
Key highlights include: Net interest income increased 36.43% YoY to $24.4 million, with net interest margin improving to 3.27% from 2.62% last year. Total assets grew 3.75% to $3.15 billion, driven by a 7.53% increase in net loans to $2.46 billion. Deposits increased 8.35% to $2.04 billion.
The bank maintained strong capital ratios with total capital to risk-weighted assets at 22.65%. Asset quality improved with non-performing loans decreasing to 0.76% of total assets, while maintaining a 101.01% allowance coverage ratio.
Ponce Financial Group (NASDAQ: PDLB) reported strong Q1 2025 results with net income available to common stockholders of $5.7 million ($0.25 per diluted share), up from $2.7 million in Q4 2024 and $2.4 million in Q1 2024.
Key highlights include:
- Net interest income increased to $22.2 million, up 7.11% from previous quarter
- Net interest margin improved to 2.98%, up from 2.80% in Q4 2024
- Non-interest income rose to $2.4 million, a 13.54% increase from Q4 2024
- Deposits grew by $120.1 million to $2.00 billion, a 6.37% increase
- Net loans receivable increased by $84.3 million to $2.37 billion
The company's focus on net interest margin, operating expenses, and fee income yielded positive trends. Their construction lending initiatives, qualifying as Deep Impact lending under the U.S. Treasury's Emergency Capital Investment Program, help reduce preferred stock dividends payable to the U.S. Treasury.
Ponce Bank has unveiled its redesigned Westchester Avenue branch in the Bronx, marking a significant transformation in its banking experience. The grand re-opening is scheduled for February 27, 2025. The renovation, which resumed after being interrupted by the Covid Pandemic, features state-of-the-art banking technologies combined with community-centric elements.
The branch's new design includes Open Tellers for consultative experiences, centrally located managers, private spaces, and meeting areas with teleconferencing capabilities. As part of the Westchester Banking Development District (BDD), this renovation reinforces the branch's role as a community hub aimed at attracting new depositors and business customers.
The project, led by SVP Steve Hamilton, represents a significant investment in modernizing banking services while maintaining a strong community focus. The initiative has received support from various officials, including New York State Comptroller Thomas P. DiNapoli and Bronx Borough President Vanessa L. Gibson, highlighting its importance in providing access to capital and supporting local economic growth.