Ponce Financial Group, Inc. (PDLB) Form 8-K — Oct 26, 2026
Ponce Financial Group (Nasdaq: PDLB) reported Q3 2026 net income of $18.2 million, or $0.76 per diluted share, versus $0.27 a year ago — roughly triple the prior-year quarter. Net interest income rose 34.6% YoY to $34.0 million with NIM expanding 56bps to 3.86%, while non-performing assets fell to 0.50% of assets and book value per share grew to $14.60 (+$1.90 over twelve months). The quarter included non-recurring items: a $10.5 million deferred tax valuation allowance release and a $1.2 million loss on real property. Loan growth was strong at 18.5% YTD ($3.08 billion) alongside 15.7% deposit growth ($2.37 billion).
Key figures
- Eps
- 0.76
- Revenue
- 34.0 million net interest income (Q3 2026)
- Net Income
- 18249000
- Total Debt
- 696100000
- Revenue Yoy
- Net interest income +34.62% YoY; +13.07% QoQ
- Total Assets
- 3686677000
- Cash Position
- 132211000
- Shares Outstanding
- 24187901
- Deposits
- $2.37 billion
- Nim q3 2026
- 3.86%
- Eps prior year q3
- 0.27
- Nim prior year q3
- 3.30%
- Roa annualized q3
- 1.99%
- Roe annualized q3
- 20.18%
- Book value per share
- $14.60
- Net loans receivable
- $3.08 billion
- Npas to total assets
- 0.50%
- Nine month diluted eps
- $1.47 vs $0.77 prior year
- Total stockholders equity
- $578.3 million
- Preferred dividends paid q3
- $0.3 million
- Tax valuation allowance release
- $10.5 million
- Net income available to common q3
- $18.0 million
AI analysis
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