Ponce Financial Group, Inc. reports news as the holding company for Ponce Bank, National Association, a community banking institution that takes deposits and invests those funds in residential, multifamily, non-residential, construction, business and consumer loans, as well as securities and mortgage-backed securities. Recurring updates cover quarterly operating results, net interest income, net interest margin, loan and deposit activity, credit quality, capital ratios and preferred-stock-related capital disclosures.
Company news also includes governance changes at the company and bank boards, community-development activity, Ponce De Leon Foundation grants, Federal Home Loan Bank of New York small-business grant participation, and progress tied to the U.S. Treasury Emergency Capital Investment Program and deep impact lending commitments.
Ponce Financial Group (Nasdaq: PDLB) reported third-quarter 2026 net income available to common stockholders of $18.0 million, more than doubling year over year. Diluted earnings were $0.76 per share, versus $0.35 in the prior quarter and $0.27 a year earlier. Results included a $10.5 million deferred-tax valuation allowance release and a $1.2 million property loss. Net interest income rose 34.62% year over year to $34.0 million, while net interest margin widened to 3.86% from 3.30%.
Nine-month common earnings reached $34.5 million, versus $17.7 million a year earlier. At September 30, net loans were $3.08 billion and deposits were $2.37 billion, up 18.54% and 15.69% from year-end. Non-performing assets fell to 0.50% of assets from 0.67% in June, while the quarterly credit-loss provision increased to $3.2 million from $2.1 million. A planned Treasury preferred-stock repurchase remains subject to additional eligibility conditions.
Ponce Bank (NASDAQ: PDLB) appointed José L. Orengo and Edward Delatorre Jr. to its Board of Directors, adding extensive experience in law, philanthropy, governance, public safety, real estate, and community development. According to the company, both leaders are expected to help guide growth while reinforcing its mission of expanding economic opportunity across New York and Northern New Jersey.
Orengo brings more than 30 years of legal and nonprofit leadership, including founding the LaGuardia Foundation and helping secure over $100 million in funding and support. Delatorre adds over 40 years of public safety and real estate experience, having secured nearly $40 million in federal transit security grants and led major operational and community-focused initiatives at the New York City Police Department. They join as Ponce Bank advances partnerships and programs in small-business lending, banking access, and community development.
Ponce Financial Group (Nasdaq: PDLB) reported second quarter 2026 net income available to common stockholders of $8.2 million, or $0.35 per diluted share, versus $8.3 million in Q1 2026 and $5.8 million in Q2 2025. Net interest income rose to $30.1 million, up 6.5% sequentially and 23.1% year over year, with net interest margin improving to 3.66%.
For the six months ended June 30, 2026, net income available to common stockholders was $16.6 million, or $0.71 per diluted share, compared to $11.5 million, or $0.50, a year earlier. Loans grew to $2.88 billion and deposits to $2.27 billion since December 31, 2025, while total assets reached $3.49 billion. Capital ratios at both the holding company and bank remained well above regulatory minimums. The company also indicated it believes it has met lending conditions to pursue repurchase of its ECIP preferred stock, though completion remains subject to further regulatory conditions and timing is uncertain.
Ponce Financial Group (Nasdaq: PDLB) reported first-quarter 2026 results. Net income available to common was $8.3M, or $0.36 diluted EPS; total net income was $8.6M. Net interest income was $28.2M and net interest margin 3.61%. Loans were $2.70B and deposits $2.13B. Total assets rose to $3.30B; non-performing assets were $23.6M (0.62% of assets). Book value per share was $13.49, up 12% year-over-year. Capital ratios remain well above regulatory requirements.
Ponce Bank (PDLB) was ranked #40 among S&P Global Market Intelligence’s Top 50 Best-Performing U.S. Community Banks for 2025 in the $3 billion–$10 billion asset category. The ranking highlights returns, growth, funding and balance-sheet strength while emphasizing risk profile and long-term stability.
Ponce Bank will be formally recognized at the S&P Community Bankers Conference, May 5–7, 2026, in Fort Worth, Texas.
Ponce Financial Group (NASDAQ:PDLB) appointed Marlene Cintron to its board of directors effective March 26, 2026. Cintron, a longtime Bronx leader, brings 30+ years in public policy, economic development, finance, and government relations, including SBA Region 2 leadership and prior service on Ponce Bank’s board.
Her record includes overseeing a reported 20% regional small-business growth as SBA Region 2 Administrator and roles delivering >$9 billion in private investment and over 44,000 housing units in Bronx development efforts.
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.