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Ponce Financial Group Inc (PDLB)

Ponce Financial Group Inc (PDLB)
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Ponce Financial Group Inc. is the financial holding company for Ponce Bank. Ponce Bank is a Minority Depository Institution, a Community Development Financial Institution and a certified Small Business Administration lender. The Bank's business primarily consists of taking deposits from the general public and to a lesser extent alternative funding sources and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans, The Bank 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 and Federal Home Loan Bank stock. Ponce Financial Group Inc., formerly known as PDL Community Bancorp, is based in BRONX, N.Y.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 169,850 136,090 89,170 101,740 66,590
Sales Growth +24.81% +52.62% -12.36% +52.79% +25.24%
Net Income 10,970 3,350 -30,000 25,420 3,850
Net Income Growth +227.46% +111.17% -218.02% +560.26% +175.05%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 3,039,940 2,750,720 2,311,990 1,653,510 1,355,230
Total Assets Growth +10.51% +18.98% +39.82% +22.01% +28.61%
Total Liabilities 2,534,440 2,259,330 1,819,290 1,464,250 1,195,690
Total Liabilities Growth +12.18% +24.19% +24.25% +22.46% +33.54%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 7,210 6,490 9,800 18,550 -27,500
Operating Cash Flow Growth +11.09% -33.78% -47.17% +167.45% -552.30%
Net Cash Flow 650 84,830 -99,530 81,820 44,400
Change in Net Cash Flow -99.23% +185.23% -221.65% +84.28% +205.46%
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