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Ponce Financial Group, Inc. operates as the bank holding company for Ponce Bank that provides various banking products and services. It provides various deposits, including demand, NOW/IOLA, money market, individual retirement, and savings accounts; reciprocal deposits; and certificates of deposit to individuals, business entities, and non-profit organizations. The company also offers real estate-secured loans, including one-to-four family investor-owned and owner-occupied residential; multifamily residential; nonresidential property; construction and land; commercial and industrial; and business and consumer loans. In addition, it invests in securities, which consist of U.S. government and federal agency securities and securities issued by government-sponsored or owned enterprises, as well as corporate securities, mortgage-backed securities, and Federal Home Loan Bank of New York stock. Ponce Financial Group, Inc. was founded in 1960 and is headquartered in Bronx, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $108M | - | $29M | $55M | 9.1% | 33.5% | 161.6% |
| 2024 | $81M | - | $11M | $4M | 3.9% | 9.8% | 227.3% |
| 2023 | $74M | - | $3M | $6M | 1.3% | 4.1% | -111.2% |
| 2022 | $71M | - | $-30M | $9M | -11.2% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 70.97 | 73.87 | 81.14 | 108.32 |
| Operating Revenue | - | 70.97 | 73.87 | 81.14 | 108.32 |
| Selling General And Administration | - | 30.08 | 34.01 | 34.35 | 34.64 |
| Interest Income | - | 82.75 | 125.87 | 162.64 | 185.52 |
| Interest Expense | - | 16.15 | 60.60 | 86.16 | 85.71 |
| Net Interest Income | - | 66.60 | 65.27 | 76.48 | 99.81 |
| Pretax Income | - | -36.85 | 5.85 | 15.68 | 38.43 |
| Tax Provision | - | -6.84 | 2.50 | 4.71 | 9.73 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -4.34 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -30 | 3.35 | 10.97 | 28.70 |
| Net Income From Continuing And Discontinued Operation | - | -30 | 3.35 | 10.97 | 28.70 |
| Net Income From Continuing Operation Net Minority Interest | - | -30 | 3.35 | 10.97 | 28.70 |
| Net Income | - | -30 | 3.35 | 10.97 | 28.70 |
| Net Income Common Stockholders | - | -30 | 3.35 | 10.33 | 27.58 |
| Net Income Including Noncontrolling Interests | - | -30 | 3.35 | 10.97 | 28.70 |
| Normalized Income | - | -10.97 | 3.35 | 10.97 | 28.70 |
| Diluted NI Availto Com Stockholders | - | -30 | 3.35 | 10.33 | 27.58 |
| Basic Average Shares | - | 22.69 | 22.75 | 22.43 | 22.75 |
| Diluted Average Shares | - | 22.69 | 22.82 | 22.55 | 23.06 |
| Reconciled Depreciation | - | 4.27 | 4.53 | 4.74 | 4.82 |
| Total Unusual Items | 20.27 | -23.37 | 1.48 | 0.20 | - |
| Total Unusual Items Excluding Goodwill | 20.27 | -23.37 | 1.48 | 0.20 | - |
| Preferred Stock Dividends | - | - | - | 0.64 | 1.12 |
| Special Income Charges | 20.27 | -23.37 | 1.48 | 0.20 | - |
| Other Special Charges | -20.27 | 5.43 | - | - | - |
| Write Off | 0 | 17.94 | -1.48 | -0.20 | - |
| General And Administrative Expense | - | 29.49 | 33.19 | 33.64 | 34.01 |
| Other Gand A | 5.39 | - | - | - | - |
| Salaries And Wages | - | 27.91 | 30.70 | 30.91 | 31.39 |
| Insurance And Claims | - | 1.57 | 2.49 | 2.73 | 2.62 |
| Selling And Marketing Expense | - | 0.59 | 0.82 | 0.71 | 0.63 |
| Occupancy And Equipment | - | 13.97 | 14.57 | 14.88 | 15.79 |
| Professional Expense And Contract Services Expense | - | 5.90 | 7.09 | 6.15 | 5.53 |
| Other Non Interest Expense | - | 10.45 | 10.54 | 9.72 | 10.15 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ponce Financial Group, Inc.this co. | PDLB | $455M | 15.84↑ premium | 1.44 | 9.1% | - |
| First Business Financial Services, Inc. | FBIZ | $482M | 9.59 | 1.34 | 14.0% | - |
| ChoiceOne Financial Services, Inc. | COFS | $470M | 16.67 | 1.01 | 6.1% | - |
| AlTi Global, Inc. | ALTI | $461M | -3.85 | 1.81 | -47.1% | -5.59 |
| Greene County Bancorp, Inc. |
| - |
| - |
| - |
| - |
| - |
| - |
| GCBC |
| $459M |
| 14.74 |
| 1.92 |
| 13.0% |
| - |
| Orange County Bancorp, Inc. | OBT | $457M | 10.97 | 1.61 | 14.6% | - |
| Investors Title Company | ITIC | $445M | 12.64 | 1.66 | 13.1% | - |
| Colony Bankcorp, Inc. | CBAN | $425M | 15.03 | 1.13 | 7.5% | - |
| Bankwell Financial Group, Inc. | BWFG | $424M | 12.06 | 1.41 | 11.7% | - |
| Peer Median | - | 12.35 | 1.51 | 12.4% | -5.59 | |