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Ponce Financial Group (PDLB) Financials

Ponce Financial Group logo
$14.82 -0.11 (-0.73%)
As of 01:55 PM Eastern
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Annual Income Statements for Ponce Financial Group

Annual Income Statements for Ponce Financial Group

This table shows Ponce Financial Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -30 3.35 10
Consolidated Net Income / (Loss)		 -30 3.35 11
Net Income / (Loss) Continuing Operations		 -30 3.35 11
Total Pre-Tax Income 		-37 5.85 16
Total Revenue		 73 75 84
Net Interest Income / (Expense)		 67 65 76
Total Interest Income		 83 126 163
Loans and Leases Interest Income		 70 96 131
Investment Securities Interest Income		 12 25 23
Deposits and Money Market Investments Interest Income		 0.71 4.97 8.67
Total Interest Expense		 16 61 86
Deposits Interest Expense		 9.95 35 59
Long-Term Debt Interest Expense		 6.20 25 27
Total Non-Interest Income		 6.42 10 7.21
Trust Fees by Commissions		 1.02 0.08 0.06
Other Service Charges		 5.09 5.39 5.96
Net Realized & Unrealized Capital Gains on Investments		 0.31 0.60 1.20
Other Non-Interest Income		 0.00 4.16 0.00
Provision for Credit Losses		 24 0.97 1.33
Total Non-Interest Expense		 86 69 67
Salaries and Employee Benefits		 28 31 31
Net Occupancy & Equipment Expense		 18 20 19
Marketing Expense		 0.59 0.83 0.71
Property & Liability Insurance Claims		 0.87 1.02 1.10
Other Operating Expenses		 39 16 15
Income Tax Expense		 -6.85 2.50 4.71
Preferred Stock Dividends Declared		 0.00 0.00 0.64
Basic Earnings per Share		 ($1.32) $0.15 $0.46
Weighted Average Basic Shares Outstanding		 22.69M 22.75M 22.43M
Diluted Earnings per Share		 ($1.32) $0.15 $0.46
Weighted Average Diluted Shares Outstanding		 22.69M 22.82M 22.55M
Weighted Average Basic & Diluted Shares Outstanding		 24.86M 23.79M 23.97M

Quarterly Income Statements for Ponce Financial Group

This table shows Ponce Financial Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -15 -9.21 0.33 -0.09 2.59 0.52 2.41 3.12 2.15 2.65
Consolidated Net Income / (Loss)		 -15 -9.21 0.33 -0.09 2.59 0.52 2.41 3.19 2.43 2.93
Net Income / (Loss) Continuing Operations		 -15 -9.21 0.33 -0.09 2.59 0.52 2.41 3.19 2.43 2.93
Total Pre-Tax Income 		-16 -12 0.88 -0.30 4.32 0.96 3.76 4.39 3.07 4.47
Total Revenue		 19 17 17 18 22 18 21 20 20 23
Net Interest Income / (Expense)		 18 16 15 16 17 17 19 18 19 21
Total Interest Income		 22 25 26 31 34 35 40 39 41 43
Loans and Leases Interest Income		 17 19 20 23 25 28 31 31 33 36
Investment Securities Interest Income		 4.23 6.18 6.46 6.22 6.26 6.15 6.09 5.97 5.92 5.48
Deposits and Money Market Investments Interest Income		 0.35 0.20 0.20 1.82 1.97 0.99 2.91 1.54 2.43 1.78
Total Interest Expense		 4.02 8.77 11 15 17 18 21 21 22 22
Deposits Interest Expense		 2.23 5.44 6.04 8.29 10 11 13 14 15 17
Long-Term Debt Interest Expense		 1.79 3.33 5.07 6.48 6.96 6.94 7.92 7.14 6.83 5.58
Total Non-Interest Income		 1.58 0.44 1.82 1.49 5.63 1.29 1.71 2.26 1.15 2.10
Trust Fees by Commissions		 0.29 0.18 0.02 0.04 0.02 0.01 0.01 0.01 0.00 0.04
Other Service Charges		 1.61 0.25 1.71 1.38 1.72 0.59 1.40 1.98 0.93 1.65
Net Realized & Unrealized Capital Gains on Investments		 -0.32 0.01 0.10 0.08 0.17 0.24 0.30 0.27 0.22 0.40
Provision for Credit Losses		 9.33 13 -0.17 0.99 0.54 -0.38 -0.18 -0.37 0.79 1.10
Total Non-Interest Expense		 25 16 16 17 17 18 17 16 16 17
Salaries and Employee Benefits		 7.38 6.50 7.45 7.43 7.57 8.26 7.84 7.72 7.67 7.67
Net Occupancy & Equipment Expense		 4.61 5.04 4.76 4.93 5.17 4.79 4.79 4.58 4.89 5.01
Marketing Expense		 0.21 0.26 0.13 0.30 0.25 0.15 0.10 0.15 0.18 0.29
Property & Liability Insurance Claims		 0.30 0.27 0.27 0.25 0.26 0.25 0.25 0.26 0.29 0.29
Other Operating Expenses		 13 3.70 3.76 4.18 4.08 4.45 3.96 3.44 3.28 4.01
Income Tax Expense		 -0.82 -2.59 0.55 -0.22 1.73 0.44 1.35 1.20 0.64 1.53
Basic Earnings per Share		 ($0.64) ($0.40) $0.01 $0.00 $0.12 $0.02 $0.11 $0.14 $0.10 $0.11
Weighted Average Basic Shares Outstanding		 23.09M 22.69M 23.29M 23.21M 22.27M 22.75M 22.35M 22.41M 22.45M 22.43M
Diluted Earnings per Share		 ($0.64) ($0.40) $0.01 $0.00 $0.12 $0.02 $0.11 $0.14 $0.10 $0.11
Weighted Average Diluted Shares Outstanding		 23.09M 22.69M 23.32M 23.21M 22.35M 22.82M 22.37M 22.42M 22.61M 22.55M
Weighted Average Basic & Diluted Shares Outstanding		 24.73M 24.86M 24.88M 23.65M 23.65M 23.79M 23.81M 23.81M 23.83M 23.97M

Annual Cash Flow Statements for Ponce Financial Group

This table details how cash moves in and out of Ponce Financial Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -100 85 0.65
Net Cash From Operating Activities		 9.80 6.49 7.21
Net Cash From Continuing Operating Activities		 9.80 6.49 7.21
Net Income / (Loss) Continuing Operations		 -30 3.35 11
Consolidated Net Income / (Loss)		 -30 3.35 11
Provision For Loan Losses		 24 0.97 1.33
Depreciation Expense		 4.27 4.53 4.74
Amortization Expense		 0.34 -0.12 -0.12
Non-Cash Adjustments to Reconcile Net Income		 13 2.25 4.32
Changes in Operating Assets and Liabilities, net		 -2.02 -4.49 -14
Net Cash From Investing Activities		 -777 -333 -295
Net Cash From Continuing Investing Activities		 -777 -333 -295
Purchase of Property, Leasehold Improvements and Equipment		 -0.49 -0.41 -2.72
Purchase of Investment Securities		 -809 -397 -404
Sale and/or Maturity of Investments		 31 64 112
Net Cash From Financing Activities		 668 411 288
Net Cash From Continuing Financing Activities		 668 411 288
Net Change in Deposits		 48 255 377
Issuance of Debt		 - - -88
Issuance of Preferred Equity		 225 0.00 0.00
Issuance of Common Equity		 0.00 0.00 0.00
Repayment of Debt		 396 167 0.00
Repurchase of Common Equity		 0.00 -11 0.00
Payment of Dividends		 0.00 0.00 -0.59
Other Financing Activities, Net		 -1.00 0.00 0.00
Cash Interest Paid		 15 50 94
Cash Income Taxes Paid		 0.17 1.01 2.18

Quarterly Cash Flow Statements for Ponce Financial Group

This table details how cash moves in and out of Ponce Financial Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents		 -212 -8.16 130 59 -127 22 -4.47 -32 53 -16
Net Cash From Operating Activities		 -12 -4.43 6.15 -5.86 7.06 -0.86 1.46 -2.55 -15 23
Net Cash From Continuing Operating Activities		 -12 -4.43 6.15 -5.86 7.06 -0.86 1.46 -2.55 -15 23
Net Income / (Loss) Continuing Operations		 -15 -9.21 0.33 -0.09 2.59 0.52 2.41 3.19 2.43 2.93
Consolidated Net Income / (Loss)		 -15 -9.21 0.33 -0.09 2.59 0.52 2.41 3.19 2.43 2.93
Provision For Loan Losses		 9.33 13 -0.17 0.99 0.54 -0.38 -0.18 -0.38 0.79 1.10
Depreciation Expense		 0.44 2.90 0.74 1.54 0.97 1.28 0.67 1.59 1.22 1.25
Amortization Expense		 0.07 0.13 -0.03 -0.03 -0.03 -0.03 -0.04 -0.03 -0.01 -0.04
Non-Cash Adjustments to Reconcile Net Income		 6.17 -1.78 0.02 1.55 1.09 -0.41 1.15 1.34 0.99 0.84
Changes in Operating Assets and Liabilities, net		 -14 -9.10 5.25 -9.82 1.91 -1.84 -2.56 -8.26 -20 17
Net Cash From Investing Activities		 -354 -136 -91 -69 -80 -93 -80 -49 -97 -69
Net Cash From Continuing Investing Activities		 -354 -136 -91 -69 -80 -93 -80 -49 -97 -69
Purchase of Property, Leasehold Improvements and Equipment		 -0.15 -0.06 -0.24 -0.09 -0.04 -0.04 -1.78 -0.07 -0.40 -0.48
Purchase of Investment Securities		 -495 -2.43 -112 -83 -93 -109 -90 -63 -142 -109
Sale and/or Maturity of Investments		 141 -134 21 15 13 15 11 14 45 41
Net Cash From Financing Activities		 154 132 215 134 -54 116 74 20 164 30
Net Cash From Continuing Financing Activities		 154 132 215 134 -54 116 74 20 164 30
Net Change in Deposits		 202 -99 84 105 -41 106 78 20 264 15
Issuance of Debt		 -48 - 131 - - - -4.00 - - 16
Payment of Dividends		 - - - - - - - - -0.28 -0.28
Cash Interest Paid		 3.33 8.23 11 12 13 14 29 18 26 21
Cash Income Taxes Paid		 0.35 -0.45 0.04 0.38 0.08 0.52 0.29 0.02 1.06 0.82

Annual Balance Sheets for Ponce Financial Group

This table presents Ponce Financial Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Total Assets		 2,312 2,751 3,040
Cash and Due from Banks		 32 29 35
Interest Bearing Deposits at Other Banks		 22 110 104
Trading Account Securities		 640 120 473
Loans and Leases, Net of Allowance		 0.00 0.00 0.00
Loans Held for Sale		 1.98 9.98 11
Premises and Equipment, Net		 17 16 17
Other Assets		 1,598 2,466 2,400
Total Liabilities & Shareholders' Equity		 2,312 2,751 3,040
Total Liabilities		 1,819 2,259 2,534
Non-Interest Bearing Deposits		 1,252 1,508 1,885
Interest Bearing Deposits		 9.72 11 10
Accrued Interest Payable		 1.39 12 3.71
Long-Term Debt		 517 684 596
Other Long-Term Liabilities		 38 45 39
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 493 491 506
Total Preferred & Common Equity		 493 491 506
Preferred Stock		 225 225 225
Total Common Equity		 268 266 281
Common Stock		 207 207 208
Retained Earnings		 93 97 108
Treasury Stock		 -0.00 -9.75 -7.71
Accumulated Other Comprehensive Income / (Loss)		 -18 -16 -15
Other Equity Adjustments		 -14 -13 -12

Quarterly Balance Sheets for Ponce Financial Group

This table presents Ponce Financial Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets		 2,158 2,540 2,672 2,624 2,819 2,842 3,016
Cash and Due from Banks		 37 84 31 26 30 23 32
Interest Bearing Deposits at Other Banks		 25 101 213 91 105 80 124
Trading Account Securities		 626 620 606 588 569 113 111
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loans Held for Sale		 1,396 2.99 10 1,802 1,989 38 9.57
Premises and Equipment, Net		 18 17 17 16 17 17 17
Other Assets		 56 1,715 1,796 101 108 2,571 2,722
Total Liabilities & Shareholders' Equity		 2,158 2,540 2,672 2,624 2,819 2,842 3,016
Total Liabilities		 1,658 2,043 2,181 2,139 2,325 2,344 2,511
Non-Interest Bearing Deposits		 1,351 1,337 1,442 1,401 1,586 1,606 1,870
Interest Bearing Deposits		 11 15 12 14 13 11 14
Accrued Interest Payable		 0.85 1.77 4.70 8.39 4.22 6.82 2.92
Long-Term Debt		 286 648 682 675 680 680 580
Other Long-Term Liabilities		 8.59 42 40 40 41 40 44
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 501 496 490 485 494 498 505
Total Preferred & Common Equity		 501 496 490 485 494 498 505
Preferred Stock		 225 225 225 225 225 225 225
Total Common Equity		 276 271 265 260 269 273 280
Common Stock		 206 207 208 208 208 208 209
Retained Earnings		 102 94 94 97 100 103 105
Treasury Stock		 0.00 -0.00 -5.20 -11 -9.70 -9.52 -9.45
Accumulated Other Comprehensive Income / (Loss)		 -18 -17 -18 -20 -17 -17 -13
Other Equity Adjustments		 -14 -14 -14 -13 -13 -12 -12

Annual Metrics And Ratios for Ponce Financial Group

This table displays calculated financial ratios and metrics derived from Ponce Financial Group's official financial filings.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - -
Revenue Growth		 -21.89% 3.38% 10.87%
EBITDA Growth		 -189.01% 131.83% 97.85%
EBIT Growth		 -209.58% 115.89% 167.98%
NOPAT Growth		 -201.48% 113.00% 227.33%
Net Income Growth		 -218.04% 111.17% 227.33%
EPS Growth		 -187.42% 111.36% 206.67%
Operating Cash Flow Growth		 -47.18% -33.74% 11.07%
Free Cash Flow Firm Growth		 -3,245.54% 77.61% 152.46%
Invested Capital Growth		 225.20% 16.41% -6.31%
Revenue Q/Q Growth		 -20.95% 2.55% 5.48%
EBITDA Q/Q Growth		 -800.25% 1,505.62% 20.62%
EBIT Q/Q Growth		 -533.20% 184.70% 28.78%
NOPAT Q/Q Growth		 -533.20% 169.30% 28.22%
Net Income Q/Q Growth		 -416.55% 152.54% 28.22%
EPS Q/Q Growth		 -4,300.00% 155.56% 24.32%
Operating Cash Flow Q/Q Growth		 106.16% 122.52% 143.68%
Free Cash Flow Firm Q/Q Growth		 0.00% 57.03% 1.77%
Invested Capital Q/Q Growth		 28.34% 1.35% 1.53%
Profitability Metrics		 - - -
EBITDA Margin		 -44.15% 13.59% 24.26%
EBIT Margin		 -50.46% 7.75% 18.74%
Profit (Net Income) Margin		 -41.08% 4.44% 13.11%
Tax Burden Percent		 81.42% 57.27% 69.95%
Interest Burden Percent		 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 42.73% 30.05%
Return on Invested Capital (ROIC)		 -3.91% 0.31% 0.96%
ROIC Less NNEP Spread (ROIC-NNEP)		 -5.22% 0.31% 0.96%
Return on Net Nonoperating Assets (RNNOA)		 -4.89% 0.37% 1.24%
Return on Equity (ROE)		 -8.80% 0.68% 2.20%
Cash Return on Invested Capital (CROIC)		 -109.83% -14.86% 7.48%
Operating Return on Assets (OROA)		 -1.86% 0.23% 0.54%
Return on Assets (ROA)		 -1.51% 0.13% 0.38%
Return on Common Equity (ROCE)		 -5.90% 0.37% 1.21%
Return on Equity Simple (ROE_SIMPLE)		 -6.09% 0.68% 2.17%
Net Operating Profit after Tax (NOPAT)		 -26 3.35 11
NOPAT Margin		 -35.32% 4.44% 13.11%
Net Nonoperating Expense Percent (NNEP)		 1.32% 0.00% 0.00%
SG&A Expenses to Revenue		 63.34% 67.79% 60.80%
Operating Expenses to Revenue		 117.53% 90.96% 79.67%
Earnings before Interest and Taxes (EBIT)		 -37 5.85 16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -32 10 20
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.86 0.87 1.10
Price to Tangible Book Value (P/TBV)		 0.86 0.87 1.10
Price to Revenue (P/Rev)		 3.16 3.06 3.70
Price to Earnings (P/E)		 0.00 68.87 29.98
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 1.45% 3.34%
Enterprise Value to Invested Capital (EV/IC)		 0.91 0.85 0.90
Enterprise Value to Revenue (EV/Rev)		 12.58 13.26 11.84
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 97.56 48.82
Enterprise Value to EBIT (EV/EBIT)		 0.00 171.04 63.18
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 298.65 90.32
Enterprise Value to Operating Cash Flow (EV/OCF)		 93.73 154.18 137.42
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 11.63
Leverage & Solvency		 - - -
Debt to Equity		 1.05 1.39 1.18
Long-Term Debt to Equity		 1.05 1.39 1.18
Financial Leverage		 0.94 1.22 1.28
Leverage Ratio		 5.81 5.14 5.81
Compound Leverage Factor		 5.81 5.14 5.81
Debt to Total Capital		 51.22% 58.21% 54.11%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 51.22% 58.21% 54.11%
Preferred Equity to Total Capital		 22.28% 19.14% 20.42%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00%
Common Equity to Total Capital		 26.50% 22.66% 25.46%
Debt to EBITDA		 -16.05 66.70 29.36
Net Debt to EBITDA		 -14.36 53.14 22.47
Long-Term Debt to EBITDA		 -16.05 66.70 29.36
Debt to NOPAT		 -20.06 204.18 54.33
Net Debt to NOPAT		 -17.95 162.66 41.58
Long-Term Debt to NOPAT		 -20.06 204.18 54.33
Noncontrolling Interest Sharing Ratio		 32.99% 45.73% 45.14%
Liquidity Ratios		 - - -
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 -725 -162 85
Operating Cash Flow to CapEx		 1,991.67% 1,579.81% 265.34%
Free Cash Flow to Firm to Interest Expense		 -44.91 -2.68 0.99
Operating Cash Flow to Interest Expense		 0.61 0.11 0.08
Operating Cash Flow Less CapEx to Interest Expense		 0.58 0.10 0.05
Efficiency Ratios		 - - -
Asset Turnover		 0.04 0.03 0.03
Fixed Asset Turnover		 3.94 4.51 5.10
Capital & Investment Metrics		 - - -
Invested Capital		 1,010 1,176 1,102
Invested Capital Turnover		 0.11 0.07 0.07
Increase / (Decrease) in Invested Capital		 699 166 -74
Enterprise Value (EV)		 918 1,001 991
Market Capitalization		 230 231 310
Book Value per Share		 $10.83 $11.26 $11.77
Tangible Book Value per Share		 $10.83 $11.26 $11.77
Total Capital		 1,010 1,176 1,102
Total Debt		 517 684 596
Total Long-Term Debt		 517 684 596
Net Debt		 463 545 456
Capital Expenditures (CapEx)		 0.49 0.41 2.72
Net Nonoperating Expense (NNE)		 4.21 0.00 0.00
Net Nonoperating Obligations (NNO)		 517 684 596
Total Depreciation and Amortization (D&A)		 4.61 4.41 4.62
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 ($1.32) $0.15 $0.46
Adjusted Weighted Average Basic Shares Outstanding		 22.69M 22.75M 22.43M
Adjusted Diluted Earnings per Share		 ($1.32) $0.15 $0.46
Adjusted Weighted Average Diluted Shares Outstanding		 22.69M 22.82M 22.55M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 24.86M 23.79M 23.97M
Normalized Net Operating Profit after Tax (NOPAT)		 -26 3.35 11
Normalized NOPAT Margin		 -35.32% 4.44% 13.11%
Pre Tax Income Margin		 -50.46% 7.75% 18.74%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 -2.28 0.10 0.18
NOPAT to Interest Expense		 -1.60 0.06 0.13
EBIT Less CapEx to Interest Expense		 -2.31 0.09 0.15
NOPAT Less CapEx to Interest Expense		 -1.63 0.05 0.10
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 5.36%
Augmented Payout Ratio		 0.00% 328.43% 5.36%

Quarterly Metrics And Ratios for Ponce Financial Group

This table displays calculated financial ratios and metrics derived from Ponce Financial Group's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 2.75% -53.82% -12.78% 0.61% 15.54% 11.32% 20.31% 13.44% -9.00% 23.51%
EBITDA Growth		 -471.91% -144.19% 117.21% 44.90% 134.91% 125.15% 176.53% 392.29% -18.46% 157.08%
EBIT Growth		 -561.66% -161.40% 108.98% -206.71% 127.75% 108.13% 328.73% 1,553.31% -28.88% 365.10%
NOPAT Growth		 -630.73% -155.16% 104.84% -127.42% 123.78% 106.27% 629.31% 1,609.93% -6.06% 466.22%
Net Income Growth		 -818.23% -161.51% 104.85% -111.28% 117.57% 105.62% 629.31% 3,768.97% -6.06% 466.22%
EPS Growth		 -633.33% -144.94% 103.23% -100.00% 118.75% 105.00% 1,000.00% 0.00% -16.67% 450.00%
Operating Cash Flow Growth		 -3,581.68% 53.24% -48.60% -140.33% 157.62% 80.68% -76.23% 56.44% -306.16% 2,771.38%
Free Cash Flow Firm Growth		 0.00% 0.00% -87.34% 62.39% 53.57% 76.65% 96.37% 99.28% 120.94% 146.69%
Invested Capital Growth		 0.00% 225.20% 190.68% 37.55% 47.40% 16.41% 2.59% 0.47% -6.48% -6.31%
Revenue Q/Q Growth		 8.61% -13.47% 2.78% 4.16% 24.73% -16.63% 11.08% -1.79% 0.06% 13.15%
EBITDA Q/Q Growth		 -1,907.32% 41.67% 118.09% -24.04% 335.46% -57.97% 98.91% 35.23% -27.87% 32.50%
EBIT Q/Q Growth		 -5,597.53% 24.14% 107.43% -134.44% 1,529.80% -77.77% 291.67% 16.73% -30.03% 45.39%
NOPAT Q/Q Growth		 -1,512.53% 24.14% 104.01% -163.87% 1,325.17% -80.00% 366.02% 32.23% -23.78% 20.55%
Net Income Q/Q Growth		 -2,011.54% 37.48% 103.59% -126.28% 3,077.01% -80.00% 366.02% 32.23% -23.78% 20.55%
EPS Q/Q Growth		 -2,233.33% 37.50% 102.50% -100.00% 0.00% -83.33% 450.00% 27.27% -28.57% 10.00%
Operating Cash Flow Q/Q Growth		 -184.37% 63.86% 238.70% -195.36% 220.53% -112.12% -95.43% -274.74% -470.43% 257.02%
Free Cash Flow Firm Q/Q Growth		 6.31% 11.31% -6.03% 57.31% -15.66% 55.41% 83.49% 91.55% 3,467.23% -0.56%
Invested Capital Q/Q Growth		 -7.67% 28.34% 13.30% 2.46% -1.06% 1.35% -0.15% 0.34% -7.90% 1.53%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 -78.46% -52.89% 9.31% 6.79% 23.71% 11.95% 21.40% 29.47% 21.25% 24.88%
EBIT Margin		 -81.08% -71.09% 5.14% -1.70% 19.48% 5.19% 18.31% 21.77% 15.22% 19.56%
Profit (Net Income) Margin		 -76.81% -55.50% 1.94% -0.49% 11.68% 2.80% 11.76% 15.83% 12.06% 12.85%
Tax Burden Percent		 94.73% 78.06% 37.74% 28.81% 59.98% 53.96% 64.20% 72.73% 79.23% 65.69%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 62.26% 0.00% 40.02% 46.04% 35.80% 27.27% 20.78% 34.31%
Return on Invested Capital (ROIC)		 -13.32% -5.50% 0.18% -0.08% 0.88% 0.19% 0.80% 1.10% 0.85% 0.94%
ROIC Less NNEP Spread (ROIC-NNEP)		 -16.01% -5.80% 0.18% -0.06% 0.88% 0.19% 0.80% 1.10% 0.85% 0.94%
Return on Net Nonoperating Assets (RNNOA)		 -9.16% -5.43% 0.17% -0.06% 0.86% 0.24% 1.08% 1.51% 1.08% 1.21%
Return on Equity (ROE)		 -22.48% -10.94% 0.34% -0.14% 1.74% 0.43% 1.88% 2.61% 1.93% 2.16%
Cash Return on Invested Capital (CROIC)		 0.00% -109.83% -100.00% -33.47% -38.82% -14.86% -2.09% 0.27% 7.46% 7.48%
Operating Return on Assets (OROA)		 -3.47% -2.62% 0.18% -0.05% 0.60% 0.15% 0.54% 0.64% 0.43% 0.57%
Return on Assets (ROA)		 -3.29% -2.04% 0.07% -0.01% 0.36% 0.08% 0.35% 0.47% 0.34% 0.37%
Return on Common Equity (ROCE)		 -12.38% -7.33% 0.25% -0.08% 0.95% 0.23% 1.02% 1.42% 1.05% 1.18%
Return on Equity Simple (ROE_SIMPLE)		 -1.16% 0.00% -4.61% -4.83% -1.32% 0.00% 1.10% 1.75% 1.70% 0.00%
Net Operating Profit after Tax (NOPAT)		 -11 -8.26 0.33 -0.21 2.59 0.52 2.41 3.19 2.43 2.93
NOPAT Margin		 -56.76% -49.76% 1.94% -1.19% 11.68% 2.80% 11.76% 15.83% 12.06% 12.85%
Net Nonoperating Expense Percent (NNEP)		 2.69% 0.30% 0.00% -0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 63.56% 71.07% 72.29% 71.23% 58.57% 71.39% 62.05% 61.73% 63.15% 56.79%
Operating Expenses to Revenue		 132.46% 94.95% 95.88% 96.15% 78.11% 96.83% 82.56% 80.09% 80.87% 75.63%
Earnings before Interest and Taxes (EBIT)		 -16 -12 0.88 -0.30 4.32 0.96 3.76 4.39 3.07 4.47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -15 -8.78 1.59 1.21 5.26 2.21 4.39 5.94 4.29 5.68
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.82 0.86 0.72 0.81 0.71 0.87 0.79 0.80 1.00 1.10
Price to Tangible Book Value (P/TBV)		 0.82 0.86 0.72 0.81 0.71 0.87 0.79 0.80 1.00 1.10
Price to Revenue (P/Rev)		 2.45 3.16 2.77 3.06 2.51 3.06 2.68 2.68 3.51 3.70
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 68.87 38.96 25.19 33.94 29.98
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 1.45% 2.57% 3.97% 2.95% 3.34%
Enterprise Value to Invested Capital (EV/IC)		 0.86 0.91 0.77 0.75 0.83 0.85 0.84 0.87 0.86 0.90
Enterprise Value to Revenue (EV/Rev)		 7.31 12.58 12.53 12.45 13.15 13.26 12.44 12.54 11.69 11.84
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 97.56 75.19 57.29 55.13 48.82
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 171.04 112.46 75.96 76.19 63.18
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 298.65 180.76 117.04 108.45 90.32
Enterprise Value to Operating Cash Flow (EV/OCF)		 142.09 93.73 221.69 0.00 331.75 154.18 543.38 199.35 0.00 137.42
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 316.93 11.09 11.63
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.57 1.05 1.31 1.39 1.39 1.39 1.38 1.37 1.15 1.18
Long-Term Debt to Equity		 0.57 1.05 1.31 1.39 1.39 1.39 1.38 1.37 1.15 1.18
Financial Leverage		 0.57 0.94 0.93 1.01 0.98 1.22 1.34 1.38 1.27 1.28
Leverage Ratio		 4.31 5.81 5.20 4.67 4.85 5.14 5.41 5.58 5.70 5.81
Compound Leverage Factor		 4.31 5.81 5.20 4.67 4.85 5.14 5.41 5.58 5.70 5.81
Debt to Total Capital		 36.39% 51.22% 56.66% 58.17% 58.19% 58.21% 57.95% 57.76% 53.49% 54.11%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 36.39% 51.22% 56.66% 58.17% 58.19% 58.21% 57.95% 57.76% 53.49% 54.11%
Preferred Equity to Total Capital		 28.59% 22.28% 19.66% 19.19% 19.39% 19.14% 19.16% 19.10% 20.74% 20.42%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 35.03% 26.50% 23.68% 22.64% 22.42% 22.66% 22.88% 23.14% 25.77% 25.46%
Debt to EBITDA		 -79.97 -16.05 -30.28 -32.42 -924.79 66.70 52.08 38.22 34.49 29.36
Net Debt to EBITDA		 -62.51 -14.36 -21.65 -20.83 -764.50 53.14 41.76 32.43 25.23 22.47
Long-Term Debt to EBITDA		 -79.97 -16.05 -30.28 -32.42 -924.79 66.70 52.08 38.22 34.49 29.36
Debt to NOPAT		 -70.31 -20.06 -35.35 -36.38 -139.57 204.18 125.19 78.08 67.83 54.33
Net Debt to NOPAT		 -54.96 -17.95 -25.28 -23.38 -115.38 162.66 100.40 66.24 49.62 41.58
Long-Term Debt to NOPAT		 -70.31 -20.06 -35.35 -36.38 -139.57 204.18 125.19 78.08 67.83 54.33
Noncontrolling Interest Sharing Ratio		 44.94% 32.99% 28.28% 44.62% 45.65% 45.73% 45.47% 45.54% 45.47% 45.14%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -798 -708 -750 -320 -371 -165 -27 -2.30 78 77
Operating Cash Flow to CapEx		 -7,961.04% -7,510.17% 2,615.32% -6,440.66% 16,054.55% -2,087.80% 82.26% -3,647.14% -3,677.53% 4,803.99%
Free Cash Flow to Firm to Interest Expense		 -198.35 -80.73 -67.53 -21.68 -21.84 -9.31 -1.31 -0.11 3.48 3.48
Operating Cash Flow to Interest Expense		 -3.05 -0.51 0.55 -0.40 0.42 -0.05 0.07 -0.12 -0.65 1.03
Operating Cash Flow Less CapEx to Interest Expense		 -3.09 -0.51 0.53 -0.40 0.41 -0.05 -0.02 -0.13 -0.67 1.01
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 5.20 3.94 3.86 3.95 4.30 4.51 4.56 4.81 4.77 5.10
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 787 1,010 1,144 1,173 1,160 1,176 1,174 1,178 1,085 1,102
Invested Capital Turnover		 0.23 0.11 0.09 0.07 0.08 0.07 0.07 0.07 0.07 0.07
Increase / (Decrease) in Invested Capital		 787 699 751 320 373 166 30 5.50 -75 -74
Enterprise Value (EV)		 675 918 884 880 968 1,001 982 1,020 928 991
Market Capitalization		 227 230 195 216 185 231 212 218 278 310
Book Value per Share		 $11.15 $10.83 $10.90 $10.67 $10.99 $11.26 $11.29 $11.45 $11.74 $11.77
Tangible Book Value per Share		 $11.15 $10.83 $10.90 $10.67 $10.99 $11.26 $11.29 $11.45 $11.74 $11.77
Total Capital		 787 1,010 1,144 1,173 1,160 1,176 1,174 1,178 1,085 1,102
Total Debt		 286 517 648 682 675 684 680 680 580 596
Total Long-Term Debt		 286 517 648 682 675 684 680 680 580 596
Net Debt		 224 463 464 438 558 545 546 577 425 456
Capital Expenditures (CapEx)		 0.15 0.06 0.24 0.09 0.04 0.04 1.78 0.07 0.40 0.48
Net Nonoperating Expense (NNE)		 3.85 0.95 0.00 -0.12 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 286 517 648 682 675 684 680 680 580 596
Total Depreciation and Amortization (D&A)		 0.50 3.02 0.71 1.51 0.94 1.25 0.63 1.55 1.22 1.21
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.64) ($0.40) $0.01 $0.00 $0.12 $0.02 $0.11 $0.14 $0.10 $0.11
Adjusted Weighted Average Basic Shares Outstanding		 23.09M 22.69M 23.29M 23.21M 22.27M 22.75M 22.35M 22.41M 22.45M 22.43M
Adjusted Diluted Earnings per Share		 ($0.64) ($0.40) $0.01 $0.00 $0.12 $0.02 $0.11 $0.14 $0.10 $0.11
Adjusted Weighted Average Diluted Shares Outstanding		 23.09M 22.69M 23.32M 23.21M 22.35M 22.82M 22.37M 22.42M 22.61M 22.55M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 24.73M 24.86M 24.88M 23.65M 23.65M 23.79M 23.81M 23.81M 23.83M 23.97M
Normalized Net Operating Profit after Tax (NOPAT)		 -11 -8.26 0.61 -0.21 2.59 0.52 2.41 3.19 2.43 2.93
Normalized NOPAT Margin		 -56.76% -49.76% 3.60% -1.19% 11.68% 2.80% 11.76% 15.83% 12.06% 12.85%
Pre Tax Income Margin		 -81.08% -71.09% 5.14% -1.70% 19.48% 5.19% 18.31% 21.77% 15.22% 19.56%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 -3.87 -1.35 0.08 -0.02 0.25 0.05 0.18 0.21 0.14 0.20
NOPAT to Interest Expense		 -2.71 -0.94 0.03 -0.01 0.15 0.03 0.12 0.15 0.11 0.13
EBIT Less CapEx to Interest Expense		 -3.91 -1.35 0.06 -0.03 0.25 0.05 0.10 0.21 0.12 0.18
NOPAT Less CapEx to Interest Expense		 -2.75 -0.95 0.01 -0.02 0.15 0.03 0.03 0.15 0.09 0.11
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.36%
Augmented Payout Ratio		 0.00% 0.00% 0.00% -21.93% -172.55% 328.43% 0.00% 66.66% 0.00% 5.36%

Key Financial Trends

Ponce Financial Group (NASDAQ:PDLB) has shown clear improvement in its financial performance over the last four years, with significant recovery from heavy losses in 2022 to sustained profitability through 2023 and into 2024.

Positive Trends:

  • Net interest income has steadily increased from $16.2 million in Q4 2022 to $20.7 million in Q4 2024, signaling growth in core lending and investment income.
  • Net income attributable to common shareholders turned positive after 2022’s heavy losses, reaching $2.65 million in Q4 2024, up from a net loss of $9.2 million in Q4 2022.
  • Total non-interest income more than tripled from $437,000 in Q4 2022 to $2.1 million in Q4 2024, showing diversification of income streams.
  • Operating expenses have increased moderately, reflecting investment in growth and infrastructure rather than runaway costs, with salaries and employee benefits stable around $7.6 million in recent quarters.
  • Provision for credit losses has normalized and even turned slightly negative (a recovery) in 2024 compared to very high provisions in 2022, indicating improving asset quality.
  • The balance sheet shows strong equity growth with total equity increasing from approx. $500 million in 2022 to over $504 million by Q3 2024.
  • Net cash from continuing operating activities improved to $22.9 million in Q4 2024 from negative $12.3 million in Q3 2022, reflecting stronger operating cash flow generation.

Neutral Points:

  • Investment securities and trading account securities represent large assets on the balance sheet but have fluctuated significantly quarter to quarter, potentially affecting volatility in investment income.
  • Long-term debt remains high (~$580 million in Q3 2024) but stable, with interest expenses consistently around $5.5-$7 million per quarter, indicating manageable but significant interest obligations.
  • Weighted average diluted shares outstanding have remained steady around 22-24 million, showing no major dilution or buybacks impacting EPS.

Negative Factors:

  • In 2022, Ponce reported significant net losses, including a $9.2 million loss in Q4 2022 largely due to very high credit loss provisions of $12.6 million, showing a period of distress and credit challenges.
  • High volatility in asset purchases and sales, especially in investment securities and loans held for sale, creates uncertainty and potential risk in earnings and cash flows.
  • Net cash used for investing activities remains substantial (e.g., -$68.8 million in Q4 2024), signaling heavy investment or portfolio adjustments that could strain liquidity if not managed well.

In summary, Ponce Financial Group has made a strong turnaround since 2022, with improving net interest income, growing profitability, and better credit loss management. Investors should note the balanced increase in operating expenses and continued heavy investing activities, but overall, the trend points toward strengthening financial health and operational stability.

08/25/25 12:58 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Ponce Financial Group's Financials

When does Ponce Financial Group's fiscal year end?

According to the most recent income statement we have on file, Ponce Financial Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Ponce Financial Group's net income changed over the last 2 years?

Ponce Financial Group's net income appears to be on a downward trend, with a most recent value of $10.97 million in 2024, falling from -$30.00 million in 2022. The previous period was $3.35 million in 2023.

How has Ponce Financial Group's revenue changed over the last 2 years?

Over the last 2 years, Ponce Financial Group's total revenue changed from $73.02 million in 2022 to $83.69 million in 2024, a change of 14.6%.

How much debt does Ponce Financial Group have?

Ponce Financial Group's total liabilities were at $2.53 billion at the end of 2024, a 12.2% increase from 2023, and a 39.3% increase since 2022.

How much cash does Ponce Financial Group have?

In the past 2 years, Ponce Financial Group's cash and equivalents has ranged from $28.93 million in 2023 to $35.48 million in 2024, and is currently $35.48 million as of their latest financial filing in 2024.

How has Ponce Financial Group's book value per share changed over the last 2 years?

Over the last 2 years, Ponce Financial Group's book value per share changed from 10.83 in 2022 to 11.77 in 2024, a change of 8.7%.


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This page (NASDAQ:PDLB) was last updated on 8/25/2025 by MarketBeat.com Staff
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