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NASDAQ:PDLB

Ponce Financial Group Q3 2024 Earnings Results & Report

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$20.18 +0.23 (+1.15%)
Closing price 04:00 PM Eastern
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$20.16 -0.02 (-0.07%)
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Ponce Financial Group beat analyst expectations on both earnings and revenue in its Q3 2024 results, released October 30, 2024. The company reported EPS of $0.10 versus the $0.07 consensus estimate, while revenue of $42.44 million topped the $19.80 million estimate by $22.64 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
After Market Closes
Conference Call
7:00 AM ET

Ponce Financial Group EPS Results

Actual EPS
$0.10
Consensus EPS
$0.07
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A
EPS Beat Rate
7 of last 8 quarters

Ponce Financial Group Revenue Results

Actual Revenue
$42.44 million
Expected Revenue
$19.80 million
Beat/Miss
Beat by +$22.64 million
YoY Revenue Growth
N/A

Upcoming Earnings

Ponce Financial Group's Q3 2026 earnings is estimated for Friday, October 23, 2026, based on past reporting schedules, with a conference call scheduled at 8:00 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Ponce Financial Group Q3 2024 Earnings FAQ

Ponce Financial Group (NASDAQ:PDLB) reported earnings of $0.10 per share for Q3 2024, beating the consensus estimate of $0.07. The report was announced on Wednesday, October 30, 2024.

Ponce Financial Group reported revenue of $42.44 million for Q3 2024, against a consensus estimate of $19.80 million.

Ponce Financial Group's next earnings date is estimated for Friday, October 23, 2026. MarketBeat tracks confirmed and estimated earnings dates for Ponce Financial Group on the company's earnings history page.

Ponce Financial Group Earnings Headlines

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About Ponce Financial Group

Ponce Financial Group (NASDAQ:PDLB) is the holding company for Ponce Bank, a community-focused savings institution headquartered in the Bronx, New York. Founded in 1960, Ponce Bank serves individuals, families and businesses in the New York metropolitan area, with a particular focus on neighborhoods in the Bronx, Brooklyn, Queens, Manhattan and surrounding communities.

Ponce Bank provides a range of banking products and services, including deposit accounts, residential and commercial real estate lending, multifamily and construction loans, commercial and industrial financing, consumer loans and other traditional banking services. The bank has also emphasized serving small businesses and underserved communities within its local market.

Ponce Financial Group became a publicly traded company following Ponce Bank’s mutual holding company reorganization and stock offering. Carlos P. Naudon serves as the company’s chairman, president and chief executive officer. Through Ponce Bank, the company continues to operate as a relationship-oriented financial institution focused on community banking and real estate finance.

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