Ponce Financial Group (NASDAQ: PDLB) grows Q1 2026 earnings, loans and deposits

Rhea-AI Filing Summary

Ponce Financial Group, Inc. reported stronger year-over-year earnings for the first quarter of 2026 while seeing a modest decline versus the prior quarter. Net income available to common stockholders was $8.3 million, or $0.36 diluted EPS, compared with $5.7 million, or $0.25, a year earlier and $9.9 million, or $0.42, in the prior quarter. Net interest income rose to $28.2 million, up 27.13% year-over-year, and net interest margin improved to 3.61% from 2.98%, reflecting higher spreads on earning assets and lower interest expense. Non-interest income fell to $2.0 million, driven by lower other income, grant income recognized last quarter, and reduced late and prepayment charges. Loans grew to $2.70 billion and deposits to $2.13 billion, with total assets reaching $3.30 billion. Asset quality improved as total non-performing assets and accruing modifications declined to $23.6 million, or 0.62% of total assets, while the allowance for credit losses on loans increased to $26.2 million. Capital ratios at both the holding company and bank remained well above regulatory requirements, and book value per common share rose to $13.49.

Positive

• Earnings and margin growth: Net income available to common stockholders rose to $8.3 million and diluted EPS to $0.36, up 46.92% year-over-year, with net interest income up 27.13% and net interest margin improving to 3.61%.
• Balance sheet expansion: Net loans receivable grew to $2.70 billion, an increase of $327.7 million or 13.8% year-over-year, while deposits increased to $2.13 billion, up 5.7%, supporting higher earning assets.
• Improving asset quality: Total non-performing assets and accruing modifications to borrowers experiencing financial difficulty fell to $23.6 million, or 0.62% of total assets, down from 0.83% the prior quarter.
• Strong capital position: Total capital to risk-weighted assets was 21.23% at the holding company and 20.00% at the bank, with common equity Tier 1 ratios of 12.11% and 18.97%, respectively, well above regulatory minimums.
• Rising book value: Book value and tangible book value per common share increased to $13.49 as of March 31, 2026, reflecting retained earnings and share-based capital accretion.

Negative

• Quarter-on-quarter earnings decline: Net income available to common stockholders decreased to $8.3 million from $9.9 million in the prior quarter, as non-interest income fell and expenses rose.
• Non-interest income pressure: Non-interest income dropped to $2.0 million, down 41.30% from the prior quarter, mainly from lower other income, absence of prior grant income, and fewer late and prepayment charges.
• Higher credit provisioning and expenses: Provision for credit losses on loans was $1.3 million compared with a $0.7 million benefit a year earlier, and total non-interest expense increased 2.08% year-over-year to $17.2 million, contributing to a higher efficiency ratio of 56.96%.

Insights

Bank equity analyst

Solid year-over-year growth, improving credit, but softer noninterest income.

Ponce Financial Group, Inc. showed notable year-over-year improvement, with net income available to common stockholders up to $8.3 million and diluted EPS rising to $0.36 for the quarter ended March 31, 2026. Net interest income grew 27.13% to $28.2 million, and net interest margin expanded to 3.61%, supported by higher loan yields and reduced interest expense.

Credit quality trends were favorable. Total non-performing assets and accruing modifications to borrowers experiencing financial difficulty declined to $23.6 million, or 0.62% of total assets, while the allowance for credit losses on loans increased to $26.2 million. This combination suggests more problem credits have been worked down while reserves were modestly strengthened.

On the other hand, non-interest income dropped to $2.0 million, down 41.30% from the prior quarter, largely due to lower grant income and reduced late and prepayment charges. Expenses edged higher to $17.2 million, and the efficiency ratio worsened to 56.96%. Subsequent filings may provide additional detail on how management balances revenue growth and cost control if noninterest income remains under pressure.

Capital structure specialist

Strong capital and ECIP structure position Ponce for potential future actions.

The company’s regulatory capital remained high in Q1 2026. Ponce Financial Group’s total capital to risk-weighted assets stood at 21.23% and common equity Tier 1 at 12.11%, while the bank’s total capital ratio was 20.00%. These levels are well above capital adequacy and well-capitalized thresholds.

The presentation highlights $225 million in preferred stock issued under the U.S. Treasury’s Emergency Capital Investment Program. Management notes an ECIP securities purchase option agreement that could permit repurchase, with illustrative assumptions indicating a potential effective price as low as 6.79% of par and an estimated impact of about $8.67 per common share, subject to conditions.

A key condition is maintaining a “deep impact lending” percentage above 60% for 16 consecutive quarters. The company reports achieving 15 quarters at 82%, including the quarter ended March 31, 2026. While any repurchase timing or pricing is contingent on program rules and approvals, these disclosures show management is actively evaluating capital options tied to ECIP performance metrics.

8-K Event Classification

3 items: 2.02, 7.01, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Net income available to common: $8.3 million Diluted EPS: $0.36 Net interest income: $28.2 million +5 more

8 metrics

Net income available to common $8.3 million Three months ended March 31, 2026

Diluted EPS $0.36 Three months ended March 31, 2026

Net interest income $28.2 million Q1 2026, up 27.13% year-over-year

Net interest margin 3.61% Q1 2026 vs 2.98% in Q1 2025

Net loans receivable $2.70 billion As of March 31, 2026

Total deposits $2.13 billion As of March 31, 2026

Non-performing assets ratio 0.62% Total non-performing assets to total assets, March 31, 2026

Book value per common share $13.49 As of March 31, 2026

Key Terms

net interest margin, efficiency ratio, Emergency Capital Investment Program, Community Development Financial Institution, +2 more

6 terms

net interest margin financial

"Net interest margin was 3.61% for the first quarter of 2026, versus 3.57% for the prior quarter and 2.98% for the same quarter last year."

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

efficiency ratio financial

"Efficiency ratio represents noninterest expense divided by the sum of net interest income and noninterest income."

A measure of how much a company spends to produce each dollar of revenue, usually shown as operating expenses divided by revenue and expressed as a percentage. Think of it as a household’s budget: a lower percentage means more of each dollar earned stays as profit, while a higher number means costs are eating into returns. Investors use it to judge cost control and compare how efficiently companies turn revenue into earnings, especially in banks and financial firms.

Emergency Capital Investment Program financial

"Received low-cost funding Preferred Stock in the amount of $225 million from the ECIP"

A temporary program that provides quick funding to a company, industry, or government entity facing an urgent cash shortfall so it can keep operating or meet obligations. Think of it as a short-term financial lifeline that prevents immediate collapse but can change ownership stakes, increase debt, or alter future profits, so investors watch for how much aid is offered, under what terms, and what it signals about underlying risk.

Community Development Financial Institution financial

"Ponce Bank, N.A. is a Minority Depository Institution, a Community Development Financial Institution, and a certified Small Business Administration lender."

A community development financial institution (CDFI) is a specialized lender—like a neighborhood bank on a mission—that provides loans, investments and basic financial services to underserved people, small businesses and local projects such as affordable housing and community facilities. It matters to investors because CDFIs channel capital into areas mainstream banks avoid, offering access to impact-driven opportunities, potential government support or incentives, and a way to balance financial return with measurable social benefit.

Minority Depository Institution financial

"The Bank is designated as both a Community Development Financial Institution (CDFI) and a Minority Deposit Institution (MDI)."

allowance for credit losses financial

"Allowance for credit losses on loans as a percentage of total loans"

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

Earnings Snapshot

Net income available to common stockholders: $8.3 million

Q1 2026

Net income available to common stockholders $8.3 million +46.92% year-over-year

Diluted EPS $0.36 +44.00% year-over-year

Net interest income $28.2 million +27.13% year-over-year

Net interest margin 3.61% +0.63 percentage points year-over-year

Net loans receivable $2.70 billion +13.8% year-over-year

Total deposits $2.13 billion +5.7% year-over-year

Understanding 8-K Material Events →

0001874071false00018740712026-04-242026-04-24

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 24, 2026

Ponce Financial Group, Inc.

(Exact name of Registrant as Specified in Its Charter)

Maryland			001-41255	87-1893965
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
2244 Westchester Avenue
Bronx, New York				10462
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (718) 931-9000

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.01 per share		PDLB		The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On April 24, 2026, Ponce Financial Group, Inc. (the "Company"), the holding company for Ponce Bank, National Association ("Ponce Bank" or the "Bank"), issued a press release announcing its financial results with respect to its first quarter ended March 31, 2026. The Company’s press release is included as Exhibit 99.1 to this report.

The information set forth in this Item 2.02 and in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section.

Item 7.01 Regulation FD Disclosure.

The Company is scheduled to make presentations to current and prospective investors after April 24, 2026. Attached as Exhibit 99.2 of this Form 8-K is a copy of the presentation which Ponce Financial Group, Inc. will make available at these presentations and will post on its website at www.poncebank.com. This report is being furnished to the SEC and shall not be deemed "filed" for any purpose.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits.

Exhibit Number		Description
99.1		Press release dated April 24, 2026
99.2		Presentation of Ponce Financial Group
104		Cover Page Interactive Data File (embedded within the Inline XBRL)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

			Ponce Financial Group, Inc.
Date:	April 24, 2026	By:	/s/ Carlos P. Naudon
			Carlos P. Naudon President and Chief Executive Officer

Exhibit 99.1

Ponce Financial Group, Inc. Reports First Quarter 2026 Results

NEW YORK, April 24, 2026 - Ponce Financial Group, Inc., (the “Company”) (Nasdaq: PDLB), the holding company for Ponce Bank, National Association ("Ponce Bank" or the “Bank”), today announced results for the first quarter of 2026.

First Quarter 2026 Highlights (Compared to Prior Periods):

•Net income available to common stockholders was $8.3 million, or $0.36 per diluted share for the three months ended March 31, 2026, as compared to net income available to common stockholders of $9.9 million, or $0.42 per diluted share for the three months ended December 31, 2025 and net income available to common stockholders of $5.7 million, or $0.25 per diluted share for the three months ended March 31, 2025. Total net income for the three months ended March 31, 2026 was $8.6 million. The Company paid dividends of $0.3 million on its preferred stock during the three months ended March 31, 2026.

•Included in the $8.3 million of net income available to common stockholders for the first quarter of 2026 results is $48.7 million in total interest and dividend income and $2.0 million in non-interest income, offset by $20.4 million in interest expense, $17.2 million in non-interest expense, $2.7 million in provision for income taxes, $1.7 million in provision for credit losses and $0.3 million in dividends on preferred shares.

•Net interest income of $28.2 million for the first quarter of 2026 increased $0.3 million, or 1.05%, from the prior quarter and increased $6.0 million, or 27.13%, from the same quarter last year.

•Net interest margin was 3.61% for the first quarter of 2026, versus 3.57% for the prior quarter and 2.98% for the same quarter last year.

•Cash and equivalents were $117.2 million as of March 31, 2026, a decrease of $8.9 million, or 7.06%, from $126.2 million as of December 31, 2025.

•Securities totaled $350.7 million as of March 31, 2026, a decrease of $14.5 million, or 3.97%, from $365.2 million as of December 31, 2025 primarily due to regular principal payments and the maturity of one available-for-sale security in the amount of $3.0 million.

•Net loans receivable were $2.70 billion as of March 31, 2026, an increase of $99.4 million, or 3.82%, from $2.60 billion as of December 31, 2025.

•Deposits were $2.13 billion as of March 31, 2026, an increase of $87.2 million, or 4.26%, from $2.05 billion as of December 31, 2025.

President and Chief Executive Officer’s Comments

Carlos P. Naudon, Ponce Financial Group, Inc.’s President and CEO, stated “Our disciplined execution continues to serve Ponce well. Our diluted earnings per share of $0.36 this quarter is up 44% vs the same quarter last year and our book value per share of $13.49 is up $1.44 or 12% over the same period. Net interest margin is up 4 basis points versus last quarter and 63 basis points vs the same quarter last year. Our non-performing assets went down this quarter by 22 basis points and now stand at 62 basis points of total assets. Our capital ratios continue to be well in excess of regulatory requirements. We remain committed to the communities we serve, and we’ll continue investing in our people and in technology to improve our efficiency.”

Executive Chairman’s Comment

Steven A. Tsavaris, Ponce Financial Group’s Executive Chairman added “We’re pleased with our business activity during the quarter and by our loan and deposit growth. We continue to make progress towards our commitments under the U.S. Treasury’s Emergency Capital Investment Program and we’re one quarter away from achieving 16 quarters of a cumulative deep impact lending percentage of more than 60%. After 15 quarters, including the quarter ended March 31, 2026, we are at 82% deep impact lending.”

1

The table below indicates the Key Metrics at or for the three months ended:

	At or for the Three Months Ended
	March 31,				December 31,				September 30,				June 30,				March 31,
	2026				2025				2025				2025				2025
Performance Ratios:
Return on average assets (1)		1.07	%			1.26	%			0.82	%			0.79	%			0.77	%
Return on common equity (1)		10.37	%			12.50	%			8.10	%			7.88	%			7.97	%
Net interest margin (1) (2)		3.61	%			3.57	%			3.30	%			3.27	%			2.98	%
Non-interest expense to average assets (1)		2.14	%			2.06	%			2.10	%			2.18	%			2.19	%
Efficiency ratio (3)		56.96	%			52.95	%			62.15	%			63.69	%			68.70	%
Capital Ratios:
Total capital to risk-weighted assets (Ponce Financial Group)		21.23	%			23.00	%			24.08	%			22.65	%			22.84	%
Common equity Tier 1 capital to risk-weighted assets (Ponce Financial Group)		12.11	%			12.98	%			13.39	%			12.49	%			12.51	%
Tier 1 capital to total assets (Ponce Financial Group)		17.22	%			17.27	%			17.33	%			17.13	%			16.84	%
Total capital to risk-weighted assets (Bank only)		20.00	%			21.63	%			21.79	%			21.22	%			21.38	%
Common equity Tier 1 capital to risk-weighted assets (Bank only)		18.97	%			20.53	%			20.66	%			20.15	%			20.35	%
Tier 1 capital to total assets (Bank only)		16.09	%			16.12	%			16.08	%			15.99	%			15.61	%
Asset Quality Ratios:
Allowance for credit losses on loans as a percentage of total loans		0.96	%			0.97	%			0.98	%			0.97	%			0.96	%
Allowance for credit losses on loans as a percentage of nonperforming loans		128.93	%			94.74	%			88.88	%			101.01	%			84.15	%
Net (charge-offs) recoveries to average outstanding loans (1)		(0.08	%)			(0.13	%)			(0.03	%)			(0.04	%)			(0.04	%)
Non-performing loans as a percentage of total assets		0.62	%			0.83	%			0.88	%			0.76	%			0.88	%
Other:
Number of offices		17				17				18				17				18
Number of full-time equivalent employees		218				216				209				206				211

(1)Annualized.

(2)Net interest margin represents net interest income divided by average total interest-earning assets.

(3)Efficiency ratio represents noninterest expense divided by the sum of net interest income and noninterest income.

Summary of Results of Operations

Net income for the three months ended March 31, 2026 was $8.6 million compared to net income of $10.1 million for the three months ended December 31, 2025 and net income of $6.0 million for the three months ended March 31, 2025.

The $1.5 million decrease of net income for the three months ended March 31, 2026 compared to the three months ended December 31, 2025 was attributed mainly to a decrease of $1.4 million in non-interest income and increases of $0.6 million non-interest expense and $0.6 million in provision for credit losses, offset by an increase of $0.3 million in net interest income and a decrease of $0.8 million in provision for income taxes.

The $2.7 million increase of net income for the three months ended March 31, 2026 compared to the three months ended March 31, 2025 was largely due to an increase of $6.0 million in net interest income, offset by increases of $1.9 million in provision for credit losses, $0.7 million in provision for income taxes and $0.4 million in non-interest expense and a decrease of $0.3 million in non-interest income.

2

Net Interest Income and Net Interest Margin

Net interest income for the three months ended March 31, 2026, increased $0.3 million, or 1.05%, to $28.2 million compared to $27.9 million for the three months ended December 31, 2025 and increased $6.0 million, or 27.13%, compared to $22.2 million for the three months ended March 31, 2025.

The $0.3 million increase in net interest income from the three months ended December 31, 2025 was attributable to decreases of $0.5 million in total interest expense and $0.2 million in total interest and dividend income. The $6.0 million increase in net interest income from the three months ended March 31, 2025 was attributable to an increase of $4.7 million in total interest and dividend income and a decrease of $1.4 million in total interest expense.

Net interest margin was 3.61% for the three months ended March 31, 2026 compared to 3.57% for the prior quarter, an increase of 4bps and 2.98% for the same period last year, an increase of 63bps.

Non-interest Income

Non-interest income for the three months ended March 31, 2026, was $2.0 million, a decrease of $1.4 million, or 41.30%, compared to $3.5 million for the three months ended December 31, 2025, a decrease of $0.3 million, or 14.24%, compared to the three months ended March 31, 2025.

The $1.4 million decrease in non-interest income from the three months ended December 31, 2025 was largely attributable to a decrease of $0.5 million in other non-interest income, grant income of $0.4 million which had been recognized in the prior quarter and a decrease of $0.4 million in late and prepayment charges.

The $0.3 million decrease in non-interest income from the three months ended March 31, 2025 was largely attributable to a decrease of $0.4 million in income on sale of SBA loans.

Non-interest Expense

Non-interest expense for the three months ended March 31, 2026 was $17.2 million, an increase of $0.6 million, or 3.64%, compared to $16.6 million for the three months ended December 31, 2025 and an increase of $0.4 million, or 2.08%, compared to $16.9 million for the three months ended March 31, 2025.

The $0.6 million increase in non-interest expense from the three months ended December 31, 2025 was mainly attributable to increases of $0.6 million in compensation and benefits, $0.3 million in federal deposit insurance and regulatory assessment and $0.1 million in marketing and promotional expenses, partially offset by a decrease of $0.4 million in occupancy and equipment.

The $0.4 million increase in non-interest expense from the three months ended March 31, 2025 was mainly attributable to increases of $0.8 million in compensation and benefit and $0.1 million in marketing and promotional expenses, partially offset by decreases of $0.3 million in direct loan expenses, $0.2 million in occupancy and equipment and $0.2 million in other operating expenses.

Credit Quality:

Total non-performing assets and accruing modifications to borrowers experiencing financial difficulty were $23.6 million at March 31, 2026 compared to $30.2 million at December 31, 2025 and $32.0 million at March 31, 2025.

During the three months ended March 31, 2026, a credit loss provision of $1.7 million on loans was recorded, consisting of $1.3 million charged on the funded portion and $0.4 million charged on the unfunded portion on loans. During the three months ended December 31, 2025, a credit loss provision of $1.1 million on loans was recorded, consisting of $1.5 million charged on the funded portion and $0.4 million benefit on the unfunded portion on loans. During the three months ended March 31, 2025, a credit loss benefit of $0.3 million on loans was recorded, consisting of $0.7 million charged on the funded portion on loans and a benefit of $1.0 million on the unfunded portion on loans.

3

Balance Sheet Summary

Total assets increased $76.8 million, or 2.38%, to $3.30 billion as of March 31, 2026 from $3.22 billion as of December 31, 2025. The increase in total assets is largely attributable to increases of $99.4 million in net loans receivable, $2.0 million in other assets, $1.4 million in accrued interest receivable and $0.2 million in deferred tax assets, partially offset by decreases of $9.5 million in held-to-maturity securities, $8.9 million in cash and cash equivalents, $5.0 million in available-for-sale securities, $1.3 million in mortgage loans held for sale, $1.1 million in Federal Home Loan Bank of New York stock and $0.5 million in premises and equipment, net.

Total liabilities increased $67.0 million, or 2.50%, to $2.75 billion as of March 31, 2026 from $2.68 billion as of December 31, 2025. The increase in total liabilities was largely attributable to increases of $87.2 million in deposits, $4.2 million in other liabilities and $0.6 million in accrued interest payable, partially offset by a decrease of $25.0 million in borrowings.

Total stockholders’ equity increased $9.8 million, or 1.81%, to $551.4 million as of March 31, 2026, from $541.5 million as of December 31, 2025. The $9.8 million increase in stockholders’ equity was largely attributable to $8.6 million in net income, $0.6 million impact to additional paid in capital as a result of share-based compensation, $0.6 million from release of ESOP shares and $0.2 million from exercise of stock options and $0.1 million in other comprehensive income, offset by $0.3 million related to the dividend paid on preferred shares during the quarter ended March 31, 2026.

About Ponce Financial Group, Inc.

Ponce Financial Group, Inc. is the holding company for Ponce Bank, N.A. Ponce Bank, N.A. is a Minority Depository Institution, a Community Development Financial Institution, and a certified Small Business Administration lender. Ponce Bank, N.A.’s business primarily consists of taking deposits from the general public and to a lesser extent alternative funding sources and investing those funds, together with funds generated from operations and borrowings, in mortgage loans, consisting of 1-4 family residences (investor-owned and owner-occupied), multifamily residences, nonresidential properties, construction and land, and, to a lesser extent, in business and consumer loans. Ponce Bank. N.A. also invests in securities, which consist of U.S. Government and federal agency securities and securities issued by government-sponsored or government-owned enterprises, as well as, mortgage-backed securities, corporate bonds and obligations, Federal Home Loan Bank stock and Federal Reserve Bank stock.

Forward Looking Statements

Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “believes,” “will,” “would,” “expects,” “project,” “may,” “could,” “developments,” “strategic,” “launching,” “opportunities,” “anticipates,” “estimates,” “intends,” “plans,” “targets” and similar expressions. These statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, adverse conditions in the capital and debt markets and the impact of such conditions on business activities; changes in interest rates; competitive pressures from other financial institutions; the effects of general economic conditions on a national basis or in the local markets in which Ponce Bank, N.A. operates, including changes that adversely affect borrowers’ ability to service and repay Ponce Bank, N.A.’s loans; changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs, and their related impacts on the economy; changes in the global economy, including negative changes that may arise from armed conflict and geopolitical instability; changes in the value of securities in the investment portfolio; changes in loan default and charge-off rates; fluctuations in real estate values; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; operational risks including, but not limited to, cybersecurity, fraud and natural disasters; changes in government regulation; changes in accounting standards and practices; the risk that intangibles recorded in the financial statements will become impaired; demand for loans in Ponce Bank, N.A.’s market area; Ponce Bank, N.A.’s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that Ponce Financial Group, Inc. may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward-looking statements and the risk factors described in Ponce Financial Group, Inc.’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission (the “SEC”), which are available at the SEC’s website, www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Ponce Financial Group, Inc. disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as may be required by applicable law or regulation.

4

Ponce Financial Group, Inc. and Subsidiaries

Consolidated Statements of Financial Condition

(Dollars in thousands, except for share data)

	As of
	March 31,				December 31,				September 30,				June 30,				March 31,
	2026				2025				2025				2025				2025
ASSETS
Cash and due from banks:
Cash	$	27,429			$	28,511			$	29,296			$	35,767			$	32,113
Interest-bearing deposits		89,817				97,643				117,283				90,872				97,780
Total cash and cash equivalents		117,246				126,154				146,579				126,639				129,893
Available-for-sale securities, at fair value		87,150				92,196				94,822				96,562				103,570
Held-to-maturity securities, at amortized cost		263,514				272,982				285,125				336,879				358,024
Placement with banks		249				249				249				249				249
Mortgage loans held for sale, at fair value		2,127				3,388				5,794				5,703				8,567
Loans receivable, net		2,698,649				2,599,258				2,490,046				2,458,712				2,370,931
Accrued interest receivable		19,274				17,905				18,903				19,126				19,008
Premises and equipment, net		15,159				15,638				16,129				16,067				16,417
Right of use assets		27,633				27,583				28,295				28,806				29,496
Federal Home Loan Bank of New York stock (FHLBNY), at cost		28,180				29,309				25,945				26,620				25,807
Federal Reserve Bank of New York stock (FRBNY), at cost		10,706				10,698				—				—				—
Deferred tax assets		11,729				11,501				12,402				12,143				11,629
Other assets		19,141				17,109				32,790				26,363				16,245
Total assets	$	3,300,757			$	3,223,970			$	3,157,079			$	3,153,869			$	3,089,836
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Deposits	$	2,133,795			$	2,046,635			$	2,063,081			$	2,053,151			$	2,017,848
Borrowings		571,100				596,100				521,100				536,100				521,100
Operating lease liabilities		29,429				29,353				30,028				30,501				31,126
Accrued interest payable		4,338				3,788				4,372				4,161				4,628
Other liabilities		10,732				6,545				8,663				8,868				1,248
Total liabilities		2,749,394				2,682,421				2,627,244				2,632,781				2,575,950
Commitments and contingencies
Stockholders' Equity:
Preferred stock, $0.01 par value; 100,000,000 shares authorized		225,000				225,000				225,000				225,000				225,000
Common stock, $0.01 par value; 200,000,000 shares authorized		249				249				249				249				249
Treasury stock, at cost		(5,738	)			(6,164	)			(7,270	)			(7,404	)			(7,641	)
Additional paid-in-capital		209,219				208,604				208,909				208,275				207,888
Retained earnings		143,674				135,332				125,477				119,250				113,432
Accumulated other comprehensive loss		(10,680	)			(10,820	)			(11,586	)			(13,047	)			(13,515	)
Unearned compensation ─ ESOP		(10,361	)			(10,652	)			(10,944	)			(11,235	)			(11,527	)
Total stockholders' equity		551,363				541,549				529,835				521,088				513,886
Total liabilities and stockholders' equity	$	3,300,757			$	3,223,970			$	3,157,079			$	3,153,869			$	3,089,836

5

Ponce Financial Group, Inc. and Subsidiaries

Consolidated Statements of Operations

(Dollars in thousands, except per share data)

	Three Months Ended
	March 31,				December 31,				September 30,				June 30,				March 31,
	2026				2025				2025				2025				2025
Interest and dividend income:
Interest on loans receivable	$	43,982			$	43,599			$	41,486			$	40,291			$	37,136
Interest on deposits due from banks		770				1,209				978				807				1,668
Interest and dividend on securities and FHLBNY stock		3,910				4,013				4,383				4,762				5,193
Total interest and dividend income		48,662				48,821				46,847				45,860				43,997
Interest expense:
Interest on certificates of deposit		6,415				6,706				6,553				7,382				7,754
Interest on other deposits		8,630				9,106				9,996				9,058				8,554
Interest on borrowings		5,391				5,075				5,050				4,994				5,486
Total interest expense		20,436				20,887				21,599				21,434				21,794
Net interest income		28,226				27,934				25,248				24,426				22,203
Provision (benefit) for credit losses		1,656				1,078				1,364				1,626				(285	)
Net interest income after provision (benefit) for credit losses		26,570				26,856				23,884				22,800				22,488
Non-interest income:
Service charges and fees		539				542				539				511				525
Brokerage commissions		—				23				8				—				4
Late and prepayment charges		726				1,173				385				530				697
Income on sale of mortgage loans		120				139				166				169				148
Income on sale of SBA loans		—				—				—				—				404
Grant income		—				428				429				428				—
Other		657				1,174				(35	)			422				603
Total non-interest income		2,042				3,479				1,492				2,060				2,381
Non-interest expense:
Compensation and benefits		8,663				8,113				7,868				7,627				7,780
Occupancy and equipment		3,672				4,033				3,934				3,907				3,913
Data processing expenses		1,219				1,223				1,296				1,188				1,152
Direct loan expenses		121				116				155				241				388
Insurance and surety bond premiums		333				324				318				297				315
Office supplies, telephone and postage		193				186				170				174				170
Professional fees		1,346				1,392				1,409				1,367				1,364
Marketing and promotional expenses		228				94				184				266				83
Federal deposit insurance and regulatory assessment		409				97				266				546				461
Other operating expenses		1,056				1,056				1,018				1,256				1,262
Total non-interest expense		17,240				16,634				16,618				16,869				16,888
Income before income taxes		11,372				13,701				8,758				7,991				7,981
Provision for income taxes		2,749				3,565				2,250				1,891				2,022
Net income	$	8,623			$	10,136			$	6,508			$	6,100			$	5,959
Dividends on preferred shares		281				281				281				282				281
Net income available to common stockholders	$	8,342			$	9,855			$	6,227			$	5,818			$	5,678
Earnings per common share:
Basic	$	0.36			$	0.43			$	0.27			$	0.26			$	0.25
Diluted	$	0.36			$	0.42			$	0.27			$	0.25			$	0.25
Weighted average common shares outstanding:
Basic		22,988,317				22,837,044				22,766,195				22,716,615				22,662,916
Diluted		23,331,314				23,263,708				23,135,448				22,947,769				22,876,740

6

Ponce Financial Group, Inc. and Subsidiaries

Consolidated Statements of Operations

(Dollars in thousands, except per share data)

		For the Three Months Ended March 31,
		2026				2025				Variance $				Variance %
Interest and dividend income:
Interest on loans receivable		$	43,982			$	37,136			$	6,846				18.43	%
Interest on deposits due from banks			770				1,668				(898	)			(53.84	%)
Interest and dividend on securities and FHLBNY stock			3,910				5,193				(1,283	)			(24.71	%)
Total interest and dividend income			48,662				43,997				4,665				10.60	%
Interest expense:
Interest on certificates of deposit			6,415				7,754				(1,339	)			(17.27	%)
Interest on other deposits			8,630				8,554				76				0.89	%
Interest on borrowings			5,391				5,486				(95	)			(1.73	%)
Total interest expense			20,436				21,794				(1,358	)			(6.23	%)
Net interest income			28,226				22,203				6,023				27.13	%
Provision (benefit) for credit losses			1,656				(285	)			1,941				(681.05	%)
Net interest income after provision (benefit) for credit losses			26,570				22,488				4,082				18.15	%
Non-interest income:
Service charges and fees			539				525				14				2.67	%
Brokerage commissions			—				4				(4	)			(100.00	%)
Late and prepayment charges			726				697				29				4.16	%
Income on sale of mortgage loans			120				148				(28	)			(18.92	%)
Income on sale of SBA loans			—				404				(404	)			(100.00	%)
Other			657				603				54				8.96	%
Total non-interest income			2,042				2,381				(339	)			(14.24	%)
Non-interest expense:
Compensation and benefits			8,663				7,780				883				11.35	%
Occupancy and equipment			3,672				3,913				(241	)			(6.16	%)
Data processing expenses			1,219				1,152				67				5.82	%
Direct loan expenses			121				388				(267	)			(68.81	%)
Insurance and surety bond premiums			333				315				18				5.71	%
Office supplies, telephone and postage			193				170				23				13.53	%
Professional fees			1,346				1,364				(18	)			(1.32	%)
Marketing and promotional expenses			228				83				145				174.70	%
Federal deposit insurance and regulatory assessments			409				461				(52	)			(11.28	%)
Other operating expenses			1,056				1,262				(206	)			(16.32	%)
Total non-interest expense			17,240				16,888				352				2.08	%
Income before income taxes			11,372				7,981				3,391				42.49	%
Provision for income taxes			2,749				2,022				727				35.95	%
Net income		$	8,623			$	5,959			$	2,664				44.71	%
Dividends on preferred shares			281				281				—				0.00	%
Net income available to common stockholders		$	8,342			$	5,678			$	2,664				46.92	%
Earnings per common share:
Basic		$	0.36			$	0.25			$	0.11				44.00	%
Diluted		$	0.36			$	0.25			$	0.11				44.00	%
Weighted average common shares outstanding:
Basic			22,988,317				22,662,916				325,401				1.44	%
Diluted			23,331,314				22,876,740				454,574				1.99	%

7

Ponce Financial Group, Inc. and Subsidiaries

Loans Receivable excluding Mortgage Loans Held for Sale

		As of
		March 31,								December 31,								September 30,								June 30,								March 31,
		2026								2025								2025								2025								2025
		Amount				Percent				Amount				Percent				Amount				Percent				Amount				Percent				Amount				Percent
		(Dollars in thousands)
Mortgage loans:
1-4 family residential		$	431,377				15.82	%		$	434,374				16.54	%		$	444,602				17.67	%		$	452,350				18.21	%		$	463,542				19.37	%
Multifamily residential			915,333				33.58	%			756,542				28.83	%			688,574				27.39	%			693,670				27.96	%			675,541				28.24	%
Nonresidential properties			534,256				19.60	%			526,210				20.05	%			436,175				17.35	%			404,512				16.30	%			390,681				16.33	%
Construction and land			763,990				28.03	%			854,096				32.54	%			886,369				35.25	%			883,462				35.59	%			815,425				34.08	%
Total mortgage loans			2,644,956				97.03	%			2,571,222				97.96	%			2,455,720				97.66	%			2,433,994				98.06	%			2,345,189				98.02	%
Non-mortgage loans:
Business loans			80,366				2.95	%			53,063				2.02	%			58,012				2.31	%			47,372				1.91	%			46,329				1.94	%
Consumer loans			596				0.02	%			625				0.02	%			727				0.03	%			840				0.03	%			997				0.04	%
Total non-mortgage loans			80,962				2.97	%			53,688				2.04	%			58,739				2.34	%			48,212				1.94	%			47,326				1.98	%
Total loans, gross			2,725,918				100.00	%			2,624,910				100.00	%			2,514,459				100.00	%			2,482,206				100.00	%			2,392,515				100.00	%
Net deferred loan origination costs			(1,031	)							(203	)							351								606								1,390
Allowance for credit losses on loans			(26,238	)							(25,449	)							(24,764	)							(24,100	)							(22,974	)
Loans, net		$	2,698,649							$	2,599,258							$	2,490,046							$	2,458,712							$	2,370,931

8

Ponce Financial Group, Inc. and Subsidiaries

Allowance for Credit Losses on Loans

	For the Three Months Ended
	March 31,				December 31,				September 30,				June 30,				March 31,
	2026				2025				2025				2025				2025
	(Dollars in thousands)
Allowance for credit losses on loans at beginning of the period	$	25,449			$	24,764			$	24,100			$	22,974			$	22,502
Provision for credit losses on loans		1,293				1,526				864				1,348				731
Charge-offs:
Mortgage loans:
1-4 family residential		—				(32	)			—				—				(38	)
Non-mortgage loans:
Business		(504	)			(801	)			(200	)			(222	)			(222	)
Consumer		—				(44	)			—				—				(3	)
Total charge-offs		(504	)			(877	)			(200	)			(222	)			(263	)
Recoveries:
Mortgage loans:
1-4 family residential		—				1				—				—				—
Non-mortgage loans:
Business		—				35				—				—				4
Consumer		—				—				—				—				—
Total recoveries		—				36				—				—				4
Net (charge-offs) recoveries		(504	)			(841	)			(200	)			(222	)			(259	)
Allowance for credit losses on loans at end of the period	$	26,238			$	25,449			$	24,764			$	24,100			$	22,974

9

Ponce Financial Group, Inc. and Subsidiaries

Deposits

		As of
		March 31,								December 31,								September 30,								June 30,								March 31,
		2026								2025								2025								2025								2025
		Amount				Percent				Amount				Percent				Amount				Percent				Amount				Percent				Amount				Percent
		(Dollars in thousands)
Demand		$	241,012				11.29	%		$	208,250				10.18	%		$	192,595				9.34	%		$	197,671				9.63	%		$	212,139				10.51	%
Interest-bearing deposits:
NOW/IOLA accounts			78,192				3.66	%			84,012				4.10	%			75,051				3.64	%			63,626				3.10	%			74,430				3.69	%
Money market accounts			811,982				38.05	%			779,532				38.09	%			821,844				39.84	%			790,939				38.52	%			692,753				34.33	%
Reciprocal deposits			162,926				7.64	%			152,630				7.46	%			154,548				7.49	%			136,693				6.66	%			141,838				7.03	%
Savings accounts (1)			118,373				5.55	%			117,708				5.75	%			117,401				5.69	%			113,701				5.53	%			119,023				5.90	%
Total NOW, money market, reciprocal and savings accounts			1,171,473				54.90	%			1,133,882				55.40	%			1,168,844				56.66	%			1,104,959				53.81	%			1,028,044				50.95	%
Certificates of deposit of $250K or more			258,093				12.10	%			202,500				9.89	%			209,819				10.17	%			220,671				10.75	%			219,721				10.89	%
Brokered certificates of deposit (2)			54,553				2.56	%			67,942				3.32	%			67,952				3.29	%			69,531				3.39	%			84,531				4.19	%
Listing service deposits (2)			1,243				0.06	%			4,150				0.20	%			4,150				0.20	%			6,140				0.30	%			6,140				0.30	%
All other certificates of deposit less than $250K			407,421				19.09	%			429,911				21.01	%			419,721				20.34	%			454,179				22.12	%			467,273				23.16	%
Total certificates of deposit			721,310				33.81	%			704,503				34.42	%			701,642				34.00	%			750,521				36.56	%			777,665				38.54	%
Total interest-bearing deposits			1,892,783				88.71	%			1,838,385				89.82	%			1,870,486				90.66	%			1,855,480				90.37	%			1,805,709				89.49	%
Total deposits		$	2,133,795				100.00	%		$	2,046,635				100.00	%		$	2,063,081				100.00	%		$	2,053,151				100.00	%		$	2,017,848				100.00	%

(1)As of June 30, 2025 and March 31, 2025, Advance payments by borrowers for taxes and insurance in the amounts of $10.9 million and $12.9 million, respectively, were reclassified to Deposits.

(2)There were no individual listing service deposits or brokered certificates of deposit amounting to $250,000 or more.

10

Ponce Financial Group, Inc. and Subsidiaries

Nonperforming Assets

	As of
	March 31,				December 31,				September 30,				June 30,				March 31,
	2026				2025				2025				2025				2025
	(Dollars in thousands)
Non-accrual loans:
Mortgage loans:
1-4 family residential	$	3,158			$	4,427			$	3,176			$	1,859			$	2,475
Multifamily residential		9,228				13,112				14,202				11,703				9,788
Nonresidential properties		—				—				—				405				—
Construction and land		7,061				8,247				8,907				8,907				14,159
Non-mortgage loans:
Business		427				667				880				276				170
Consumer		—				—				—				—				—
Total non-accrual loans (not including non-accruing modifications to borrowers experiencing financial difficulty) (1)	$	19,874			$	26,453			$	27,165			$	23,150			$	26,592
Non-accruing modifications to borrowers experiencing financial difficulty (1):
Mortgage loans:
1-4 family residential		477				410				698				708				710
Total non-accruing modifications to borrowers experiencing financial difficulty (1)		477				410				698				708				710
Total non-performing assets (2)	$	20,351			$	26,863			$	27,863			$	23,858			$	27,302
Accruing modifications to borrowers experiencing financial difficulty (1):
Mortgage loans:
1-4 family residential		2,481				2,574				3,725				3,791				3,830
Multifamily residential		—				—				—				—				—
Nonresidential properties		613				621				629				655				644
Construction and land		—				—				—				—				—
Non-mortgage loans:
Business		185				190				196				203				209
Consumer		—				—				—				—				—
Total accruing modifications to borrowers experiencing financial difficulty (1)	$	3,279			$	3,385			$	4,550			$	4,649			$	4,683
Total non-performing assets and accruing modifications to borrowers experiencing financial difficulty (1)	$	23,630			$	30,248			$	32,413			$	28,507			$	31,985
Total non-performing assets to total assets		0.62	%			0.83	%			0.88	%			0.76	%			0.87	%

(1) Balances include both modifications to borrowers experiencing financial difficulty, in accordance with ASU 2022-02 adopted on January 1, 2023, and previously existing troubled debt restructurings.

(2) Includes nonperforming mortgage loans held for sale.

11

Ponce Financial Group, Inc. and Subsidiaries

Average Balance Sheets

	For the Three Months Ended March 31,
	2026												2025
	Average												Average
	Outstanding								Average				Outstanding								Average
	Balance				Interest				Yield/Rate (1)				Balance				Interest				Yield/Rate (1)
	(Dollars in thousands)
Interest-earning assets:
Loans (2)	$	2,680,018			$	43,982				6.66	%		$	2,369,433			$	37,136				6.36	%
Securities (3)		360,452				3,248				3.65	%			467,560				4,521				3.92	%
Other (4)		129,585				1,432				4.48	%			186,021				2,340				5.10	%
Total interest-earning assets		3,170,055				48,662				6.23	%			3,023,014				43,997				5.90	%
Non-interest-earning assets		93,219												109,166
Total assets	$	3,263,274											$	3,132,180
Interest-bearing liabilities:
NOW/IOLA	$	77,833			$	134				0.70	%		$	72,354			$	115				0.64	%
Money market		949,007				8,468				3.62	%			827,948				8,411				4.12	%
Savings (5)		120,205				28				0.09	%			117,616				28				0.10	%
Certificates of deposit		718,301				6,415				3.62	%			794,270				7,754				3.96	%
Total deposits		1,865,346				15,045				3.27	%			1,812,188				16,308				3.65	%
Borrowings		584,100				5,391				3.74	%			568,601				5,486				3.91	%
Total interest-bearing liabilities		2,449,446				20,436				3.38	%			2,380,789				21,794				3.71	%
Non-interest-bearing liabilities:
Non-interest-bearing demand		221,056				—								196,627				—
Other non-interest-bearing liabilities		44,038				—								43,915				—
Total non-interest-bearing liabilities		265,094				—								240,542				—
Total liabilities		2,714,540				20,436								2,621,331				21,794
Total equity		548,735												510,849
Total liabilities and total equity	$	3,263,275								3.38	%		$	3,132,180								3.71	%
Net interest income					$	28,226											$	22,203
Net interest rate spread (6)										2.85	%											2.19	%
Net interest-earning assets (7)	$	720,609											$	642,225
Net interest margin (8)										3.61	%											2.98	%
Average interest-earning assets to
interest-bearing liabilities										129.42	%											126.98	%

(1)Annualized where appropriate.

(2)Loans include loans and mortgage loans held for sale, at fair value.

(3)Securities include available-for-sale securities and held-to-maturity securities.

(4)Includes FHLBNY demand account, FHLBNY stock dividends and FRBNY demand deposits.

(5)For the three months ended March 31, 2025, advance payments by borrowers for taxes and insurance in the amounts of $12.4 million, were reclassified to savings.

(6)Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate of interest-bearing liabilities.

(7)Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities.

(8)Net interest margin represents net interest income divided by average total interest-earning assets.

12

Ponce Financial Group, Inc. and Subsidiaries

Other Data

	As of
	March 31,				December 31,				September 30,				June 30,				March 31,
	2026				2025				2025				2025				2025
Other Data
Common shares issued		24,886,711				24,886,711				24,886,711				24,886,711				24,886,711
Less treasury shares		698,810				750,785				885,586				901,911				920,520
Common shares outstanding at end of period		24,187,901				24,135,926				24,001,125				23,984,800				23,966,191
Book value per common share	$	13.49			$	13.12			$	12.70			$	12.34			$	12.05
Tangible book value per common share (1)	$	13.49			$	13.12			$	12.70			$	12.34			$	12.05

(1)Tangible book value per common share is a non-GAAP financial measure and is calculated by dividing tangible common equity by common shares outstanding. Tangible common equity is defined as total shareholders’ equity less goodwill and other intangible assets, net of applicable deferred taxes. The Company believes that tangible book value per common share is a useful measure for investors, regulators, and analysts because it reflects the Company’s capital position excluding the impact of goodwill and other intangible assets, which may not be realizable in a liquidation scenario. This measure is commonly used in the banking industry to assess financial condition and capital adequacy. Tangible book value per common share should not be considered a substitute for book value per common share, which is calculated in accordance with GAAP, and the Company’s definition of tangible book value per common share may differ from similarly titled measures used by other companies. During the periods presented, the Company did not make any adjustments for goodwill and other intangible assets, so tangible book value per common share is equal to the book value per common share as calculated in accordance with GAAP.

13

President & Chief Executive Officer Carlos P. Naudon Executive Vice President & Chief Financial Officer Sergio J. Vaccaro Exhibit 99.2 Presentation of

Cautionary Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “believes,” “will,” “would,” “expects,” “project,” “may,” “could,” “developments,” “strategic,” “launching,” “opportunities,” “anticipates,” “estimates,” “intends,” “plans,” “targets” and similar expressions. These statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, adverse conditions in the capital and debt markets and the impact of such conditions on business activities; changes in interest rates; competitive pressures from other financial institutions; the effects of general economic conditions on a national basis or in the local markets in which Ponce Bank, N.A. operates, including changes that adversely affect borrowers’ ability to service and repay Ponce Bank, N.A.’s loans; changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs, and their related impacts on the economy; changes in the global economy, including negative changes that may arise from armed conflict and geopolitical instability; changes in the value of securities in the investment portfolio; changes in loan default and charge-off rates; fluctuations in real estate values; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; operational risks including, but not limited to, cybersecurity, fraud and natural disasters; changes in government regulation; changes in accounting standards and practices; the risk that intangibles recorded in the financial statements will become impaired; demand for loans in Ponce Bank, N.A.’s market area; Ponce Bank, N.A.’s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that Ponce Financial Group, Inc. may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward-looking statements and the risk factors described in Ponce Financial Group, Inc.’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission (the “SEC”), which are available at the SEC’s website, www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Ponce Financial Group, Inc. disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as may be required by applicable law or regulation. Forward Looking Statements The market and industry data used throughout this presentation is based, in part, on third-party sources, as indicated. Although management believes these third-party sources are reliable, they have not independently verified the information and cannot guarantee its accuracy and completeness. Market and Industry Data Copyright © 2026. All Right Reserved

Corporate Headquarters and Office Location Branch Locations On October 10, 2025, the Company wholly-owned subsidiary, Ponce Bank (formerly a federally chartered stock savings association), has completed its previously announced conversion to a national bank and commenced operations as Ponce Bank, National Association (the “Bank”).  In connection with the conversion of the Bank, the Company also commenced operations as a bank holding company as of the same date.  Further, the Company also became a financial holding company, which is an additional election that allows the Company to engage in activities that are financial in nature or incidental to a financial activity. Aim to provide long-term value to stakeholders by executing a safe and sound business strategy that produces increasing value. Number of full-time equivalent employees as of March 31, 2026, was 218 equating to $15.1 million in assets per employee. The Company provides a full range of financial services in a community-focused manner. Ticker NASDAQ: PDLB Established 1960 Headquarters Bronx, NY Branches 13 full-service branches, 3 loan production / representative offices and 1 ATM center Total Assets $3.30 billion (as of 3/31/26) Total Loans $2.70 billion (as of 3/31/26) Total Deposits $2.13 billion (as of 3/31/26) Earnings Per Share (Basic) $0.36 (for three months ended 3/31/26) Market Cap TBV Per Common Share* $404 million (as of 3/31/26) $13.49 (as of 3/31/26) Copyright © 2026. All Right Reserved (*) TBV Per Common Share is a Non-GAAP financial measure. Non-GAAP financial measures are not a substitute for GAAP financial measures. See the appendix of this presentation for a reconciliation to the most directly comparable GAAP financial measure.

Franchise Evolution 2015 - 2022 Carlos P. Naudon named President in 2015; CEO in 2018 Certified SBA lender Continued to remain focused on residential and commercial real estate Optimized real estate footprint by improving loan efficiency Certification as an MDI & CDFI Grew assets from $700 million to $3.3 billion Path to Conversion 2022 - Present Converted from Mutual Holding Company on January 27, 2022 PFG became a Bank Holding Company and a Financial Holding Company and Ponce Bank became a National Bank Established a robust capital base to continue executing on strategic initiatives Continued focusing on residential and commercial lending with an emphasis on technological integration Received low-cost funding Preferred Stock in the amount of $225 million from the ECIP Public Ownership 1960 - 2015 Established 65-year-old institution focused on residential and nonresidential lending Headquartered in the Bronx, NY with branch presence in the Bronx, Brooklyn, Queens, New Jersey, and Manhattan Grew assets from de novo to $700 million Mutual Bank Copyright © 2026. All Right Reserved

PFG Executive Management Executive Chairmanof the Board Steven A. Tsavaris Executive Vice President and Chief Lending Officer Ioannis Kouzilos Madeline V. Marquez President and Chief Executive Officer Carlos P. Naudon Executive Vice President and Chief Financial Officer Sergio J. Vaccaro Executive Vice President and Chief Operating Officer Luis G. Gonzalez Jr. Copyright © 2026. All Right Reserved 50+ years of experience Former President and CEO of Ponce De Leon Federal Savings Bank Former Chairman and CEO of PDLB Community Bancorp 15+ years of experience Former VP of Credit Administration Experienced at various financial institutions 50+ years of experience Retired Attorney and CPA Former Acting CEO and Director of Open Solutions, Inc., a fintech public company 25+ years of experience Former CFO of Private Bank Americas at HSBC Former US Head of FP&A at HSBC Former CFO of Home Loans at Morgan Stanley 17+ years of experience Former Bank Examiner Former Acting Assistant Deputy Comptroller, OCC Executive Vice President and Chief External Affairs Officer Executive Vice President and Chief Human Resources Officer Melissa DeLeon 15+ years of experience Former SVP of Human Resources Driver of people strategy Led culture transformation Retail banking operations expertise Executive Vice President and Chief Banking Officer Betty Campiz 15+ years of experience Former SVP of Digital Banking Led Ponce’s digital transformation (Salesforce, nCino) Extensive retail banking and CX expertise 25+ years of experience Former SVP of SBA & CDFI Initiatives Former Vice President at Business Initiative Corporation of New York Former Managing Director at Brooklyn Economic Development Corp.

Highlights – three months ended March 31, 2026 and 2025 Strong loan growth. Net loans receivable were $2.70 billion as of March 31, 2026, an increase of $327.7 million, or 13.8%, from March 31, 2025. Higher NIM and stable expenses YoY. Net interest margin at 3.61% for three months ended March 31, 2026, an increase of 63bps from prior period. The non-interest expenses were $17.2 million for three months ended March 31, 2026, a slight increase of $0.4 million from March 31, 2025. Strong deposit growth. Deposits were $2.13 billion as of March 31, 2026, an increase of $115.9 million, or 5.7%, from March 31, 2025. Increasing profitability. Net income available to common stockholders of $8.3 million, or $0.36 per diluted share for three months ended March 31, 2026. Copyright © 2026. All Right Reserved Twelve Month Highlight Overview YTD 2026 YTD 2025 Change % Net interest income $28.2M $22.2M 27.1% Net income available to common stockholders $8.3M $5.7M 46.9% Deposits $2.13B $2.02B 5.7% Net loans receivable $2.70B $2.37B 13.8% Earnings per diluted share $0.36 $0.25 44.0%

Our Vision Growing alongside fastest growing, best clients Reaching Capital Deployment Capabilities Qualify for ECIP disposition Grow core deposits, with an emphasis on cross-selling commercial customers, growing Ponce Direct, mission driven and specialty deposits Grow our loan portfolio Increase our utilization of technology Increase profitability and continue to manage expenses Robust capital position, inclusive of $225 million in ECIP funds provided by the U.S. Treasury Focused on growing loan book: Expanding CRE & Non-Residential Loans Stay with successful clients as they grow Low-Cost, Excess Capital - Ready to Deploy The Bank is designated as both a Community Development Financial Institution (CDFI) and a Minority Deposit Institution (MDI) MDI and CDFI Status; Mission Driven Business Model Aligns with ESG Completed the second-step in January 2022 Ability to return capital to shareholders – priorities De-Mutualization Opportunity The Company is well-positioned with a weighted average loan-to-value ratio of 53.7% as of March 31, 2026 Total CRE Loans comprise 399.0% of Risk Based Capital Financial Strength Strategies and Focus Growth Drivers Accelerating Loan Growth Through Deployment of Excess Capital CRE and Residential Markets – Single Family & Multi-family markets Net Interest Income Growth Upgrading electronic infrastructure Expanding digital banking services Creating greater resiliency, capacity, and redundancies Modernization Program Across Company Infrastructure Restructure/Refocus the retail business model Upgrade sales force Attract, develop and retain an engaged workforce Ensure risk management and controls are aligned with strategic priorities Manage credit risk to maintain a low level of nonperforming assets. Copyright © 2026. All Right Reserved 61% 100%

ECIP Disposition – Executed Agreement On December 20, 2024, PFG entered into an ECIP securities purchase option agreement with the US Department of the Treasury, allowing repurchase at a future date, subject to compliance with certain qualifications Determination of sale price: based on the dividend discount model While there can be no assurance as to the final repurchase price, the price could be as low as 6.79% under the current guidelines, (assuming a dividend rate of 0.50%, RFR of 4.88% (20 Yr Treasury as of 3/31/26), Beta of 0.50 and ERP of 5.00% and satisfaction of the deep impact condition) Impact of ~8.67 $ per share, under the above assumptions, $225 million ECIP, 24.2 million common shares outstanding The repurchase date could occur as soon as 3Q 2026, assuming satisfaction of the necessary conditions Status on progress: Have achieved 15 consecutive quarters with an 82% rate of deep impact lending (vs 60% requirement for 16 consecutive quarters to qualify for repurchase); strong level of originations from April 1st, 2025 to March 31st, 2026 ensure that our dividend yield will continue at the 0.50% level in the next dividend period starting in 2026. Copyright © 2026. All Right Reserved

Community Development Financial Institution The CDFI Program offers both Financial Assistance and Technical Assistance awards to CDFIs. These competitive awards support and enhance the ability of the Company to meet the needs of the communities they serve. Financial Assistance awards are made in the form of loans, grants, equity investments, and deposits, which CDFIs are required to match dollar-for-dollar with non-federal funds. This requirement enables the Company to multiply the impact of federal investment to meet the demand for affordable financial products in economically distressed communities. Technical Assistance grants are offered to CDFIs and Certifiable CDFIs to build their organizational capacity. Out of the 20 top CDFI Banks (in Total Assets): in housing focus in DLI-HMDA (% of housing lending in LMI communities) in total loans in total assets As a CDFI, the Company has received over $5 million in federal grants As of June 30, 2025, there were approximately 1,400 CDFI’s operating nationwide, but fewer than 200 are banks, and the Bank ranks amongst the largest The CDFI designation qualifies the Company for grants and capital opportunities such as the Emergency Capital Investment Program (ECIP), which the Company benefitted from in the form of a $225 million investment from the U.S. Treasury for Senior Non-Cumulative Perpetual Preferred Stock; only CDFIs and MDIs were able to participate in this program – it comes at no cost (to capital) for the first two years and includes rate reduction incentives after that with a cap of 2.00% Ponce Bank has won awards and mandates for community development and ranks as one of the largest and most housing focused CDFIs in the country. Rankings as of 2Q 2025 5th 6th Copyright © 2026. All Right Reserved

Minority Depository Institution One of 32 banks in the country designated as both an MDI and a CDFI. As of September 30, 2025, the FDIC recognized 156 MDIs across the United States and its territories, with collective assets of approximately $385 billion. As an MDI the Bank can provide financial services to and for underserved communities as designated by the federal government including African, Asian, Hispanic, and Native Americans. MDI designation allows the Bank to provide many benefits to low-to-moderate income communities, including access to credit, values-driven banking, international languages and locations, financial education, and community-specific services. Out of all the MDI Banks in Assets, the Bank ranks: Rankings as of 3Q 2025 The Bank is designated an MDI, classified under the Federal Deposit Insurance Corporation (FDIC). The FDIC defines an MDI as a federally insured depository institution for which (1) 51% or more of the voting stock is owned by minority individuals; or (2) majority of the board of directors is a minority and the community that the institution serves is predominantly minority. in total assets New York in total assets out of 156 MDIs 3rd 22nd Copyright © 2026. All Right Reserved

Appendix

Total Assets Total Deposits Financial Highlights (in thousands) Net Loans Revenue (NII + Non-interest income) & Non-interest expense Copyright © 2026. All Right Reserved

Appx. 1 Portfolio Composition 15.8% 28.0% 19.6% 33.6% 1-4 Family Residential Construction and Land Multifamily Residential Nonresidential Property $ 2,286,599 $ 2,599,258 $ 2,698,649 $ 1,525,668 $ 1,895,886 Loan Portfolio Growth (in thousands) Net Loans Receivable Loans Portfolio As of March 31, 2026 Other Copyright © 2026. All Right Reserved

Total Securities - as of March 31, 2026 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-Sale Securities: Corporate Bonds $13,500 - $(558) $12,942 Mortgage-Backed Securities: Collateralized Mortgage Obligations¹ 30,077 - (4,494) 25,583 FHLMC Certificates 7,660 - (790) 6,870 FNMA Certificates 49,414 - (7,735) 41,679 GNMA Certificates 75 1 - 76 Total available-for-sale securities $100,726 $1 $(13,577) $87,150 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Held-to-Maturity Securities: Corporate Bonds $7,500 $25 $(192) $7,333 Mortgage-Backed Securities: Collateralized Mortgage Obligations¹ 155,069 41 (3,453) 151,657 FHLMC Certificates 3,107 42 (119) 3,030 FNMA Certificates 87,438 0 (2,125) 85,313 SBA Certificates 10,611 63 - 10,674 Allowance for Credit Losses (211) - - - Total available-for-sale securities $263,514 $171 $(5,889) $258,007 (1) Comprised of Federal Home Loan Mortgage Corporation (“FHLMC”), Federal National Mortgage Association (“FNMA”) and Ginnie Mae (“GNMA”) issued securities. (in thousand) (in thousand) Copyright © 2026. All Right Reserved

Actual Amount Ratio For Capital Adequacy Purposes Amount Ratio To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio December 31, 2025 (in thousands) Ponce Financial Group, Inc. Total Capital to Risk-Weighted Assets $ 579,833 23.74% $ 195,430 8.00% $ 244,287 10.00% Tier 1 Capital to Risk-Weighted Assets 552,260 22.61% 146,572 6.00% 195,430 8.00% Common Equity Tier 1 Capital Ratio 327,260 13.40% 109,929 4.50% 158,787 6.50% Tier 1 Capital to Total Assets 552,260 17.28% 127,825 4.00% 159,781 5.00% Ponce Bank Total Capital to Risk-Weighted Assets $ 543,076 21.64% $ 200,727 8.00% $ 250,909 10.00% Tier 1 Capital to Risk-Weighted Assets 515,502 20.55% 150,545 6.00% 200,727 8.00% Common Equity Tier 1 Capital Ratio 515,502 20.55% 112,909 4.50% 163,091 6.50% Tier 1 Capital to Total Assets 515,502 16.12% 127,945 4.00% 159,931 5.00% Actual Amount Ratio For Capital Adequacy Purposes Amount Ratio To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio March 31, 2026 (in thousands) Ponce Financial Group, Inc. Total Capital to Risk-Weighted Assets $ 590,692 21.23% $ 222,591 8.00% $ 278,238 10.00% Tier 1 Capital to Risk-Weighted Assets 561,941 20,20% 166,943 6.00% 222,591 8.00% Common Equity Tier 1 Capital Ratio 336,941 12.11% 125,207 4.50% 180,855 6.50% Tier 1 Capital to Total Assets 561,941 17.22% 130,554 4.00% 163,192 5.00% Ponce Bank Total Capital to Risk-Weighted Assets $ 554,166 20.00% $ 221,631 8.00% $ 277,039 10.00% Tier 1 Capital to Risk-Weighted Assets 525,415 18.97% 166,224 6.00% 221,631 8.00% Common Equity Tier 1 Capital Ratio 525,415 18.97% 124,668 4.50% 180,076 6.50% Tier 1 Capital to Total Assets 525,415 16.09% 130,593 4.00% 163,241 5.00% Regulatory Capital Ratios Copyright © 2026. All Right Reserved

Reconciliation to GAAP March 31, 2026 Common shares issued 24,886,711 Less treasury shares 698,810 Common shares outstanding at end of period 24,187,901 Total Equity $ 551,361,583 Common shares outstanding 24,187,901 Total equity per share - GAAP $ 22.79 Total Equity $ 551,361,583 Less Preferred Stock $ (225,000,000) Tangible book value $ 326,361,583 Tangible book value per common share -Non-GAAP $ 13.49 Copyright © 2026. All Right Reserved Tangible book value per common share is a non-GAAP financial measure and is calculated by dividing tangible common equity by common shares outstanding. Tangible common equity is defined as total shareholders’ equity less goodwill and other intangible assets, net of applicable deferred taxes. The Company believes that tangible book value per share is a useful measure for investors, regulators, and analysts because it reflects the Company’s capital position excluding the impact of goodwill and other intangible assets, which may not be realizable in a liquidation scenario. This measure is commonly used in the banking industry to assess financial condition and capital adequacy. Tangible book value per share should not be considered a substitute for book value per common share, which is calculated in accordance with GAAP, and the Company’s definition of tangible book value per share may differ from similarly titled measures used by other companies. During the periods presented, the Company did not make any adjustments for goodwill and other intangible assets, so tangible book value per common share is equal to the book value per common share as calculated in accordance with GAAP.

Community Sponsorships and Donations Includes Sponsorships and Donations by the Company and the Ponce De Leon Foundation Sponsorships & Scholarships Small Business Bootcamp (PB$BB) Over 173 grants to charitable causes since 2017 $3.6 million was given to Ponce Bank Branch communities focusing on youth services, education, housing, healthcare, social services, senior services, economic development, and the Arts Ponce De Leon Foundation   Financial Mastery Workshops American Cancer Society Morris Heights Health Center Urban Youth Alliance Int Castle Hill Little League Southern Boulevard BID Phipps Neighborhood InHisName United YMCA of Greater NY Washington Heights BID Unique People Services Hostos Community College Foundation New Bronx Chamber of Commerce POINT Community Development Corp. Castle Hill BID Business Initiative Corporation Neighborhood SHOPP VIP Community Services Bronx Tourism Council NYS CDFI Coalition Part of the Solution, Inc Bronx Arts Ensemble Inc Bronx Overall Economic Development Corp Unique People Services Opportunities for a Better Tomorrow Union Settlement LSA Covid Relief Citivas LIFT Inc Hope Community AHRC Daniels Music Foundation NYC Hispanic Chamber Upper Manhattan Mental Health Center New Heights Youth Inc Emma’s Torch LTD Comite Noviembre RAICES Spanish Speaking Elderly Council Braata Productions MyTime Inc Brooklyn Hospital Foundation Brooklyn Children’s Museum CommonPoint Queens Immaculate Conception Catholic Academy Hellenic Orthodox Community of Astoria Greater Jamaica Development Corp Queens Economic Development Corporation Andromeda Community Initiative Inc Palisades Emergency Residence Corp Jersey City Theatre Center Inc Queens Women's Chamber of Commerce Union City Music Project First Jamaica Community & Urban Development Corp Forest Hills Chambers of Commerce Greater NY Chamber of Commerce Sharing and Caring Inc Educational Video Center The Possibility Project Chamber Of Commerce of Washington Heights and Inwood in Manhattan & MANY MORE Save Latin America NY Women Chamber of Commerce Women for Afghan Women Copyright © 2026. All Right Reserved Total 259 Sponsorships Over $558,,000 contributed in the communities we serve 22 Scholarships awarded 37 volunteer events, 146 volunteers Series 1 total registered 245, with 179 participants, and 66 graduated Series 2 total registered 63, with 54 participants, and 41 graduated Series 3 total registered 35, with 32 participants, and 26 graduated First Time Homebuyers Program Non-Profit Grassroots Program PB$BB Program Protect Your Legacy Program 74 sessions, 1,487 participants

NASDAQ: PDLB Thank you.

FAQ

How did Ponce Financial Group (PDLB) perform in Q1 2026?

Ponce Financial Group delivered higher year-over-year profits in Q1 2026. Net income available to common stockholders reached $8.3 million, or $0.36 diluted EPS, versus $5.7 million, or $0.25, a year earlier, supported by stronger net interest income and an improved net interest margin.

What were PDLB’s key earnings drivers for the quarter ended March 31, 2026?

Earnings benefited mainly from higher net interest income and margin. Net interest income rose to $28.2 million, up 27.13% year-over-year, while net interest margin increased to 3.61% from 2.98%, reflecting stronger loan yields and lower total interest expense on deposits and borrowings.

How did Ponce Financial Group’s loans and deposits change in Q1 2026?

The company grew both loans and deposits during Q1 2026. Net loans receivable increased to $2.70 billion, up 13.8% year-over-year, while total deposits reached $2.13 billion, a 5.7% increase, helping expand total assets to $3.30 billion as of March 31, 2026.

What is the asset quality picture for PDLB as of March 31, 2026?

Asset quality showed improvement in Q1 2026. Total non-performing assets and accruing modifications to borrowers experiencing financial difficulty declined to $23.6 million, or 0.62% of total assets, while the allowance for credit losses on loans increased to $26.2 million, strengthening reserve coverage.

How well capitalized is Ponce Financial Group after Q1 2026?

Ponce Financial Group reported robust capital ratios after Q1 2026. Total capital to risk-weighted assets was 21.23% at the holding company, with a common equity Tier 1 ratio of 12.11%, and the bank’s total capital ratio was 20.00%, all comfortably above well-capitalized regulatory thresholds.

What were PDLB’s main non-interest income and expense trends in Q1 2026?

Non-interest income fell to $2.0 million, down sharply from $3.5 million in the prior quarter, mainly due to lower other income, grant income recognized earlier, and fewer late charges. Non-interest expense rose modestly to $17.2 million, driven by higher compensation, insurance assessments, and marketing costs.

How did Ponce Financial Group’s book value per share change in Q1 2026?

Book value and tangible book value per common share both increased in the quarter. As of March 31, 2026, book value per common share was $13.49, up from $13.12 at December 31, 2025, reflecting net income, share-based compensation, ESOP share releases, and a small positive other comprehensive income contribution.

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