Recent Updates — PDLB
July 27, 2026View Source ↗
Ponce Financial Group reported second quarter 2026 net income available to common stockholders of $8.2 million, or $0.35 per diluted share, compared to $8.3 million or $0.36 per share in the prior quarter. Net interest income rose 6.5% to $30.1 million, while net interest margin increased to 3.66%. The company also announced it believes it has met the lending conditions to repurchase its $225 million in Preferred Stock from the U.S. Department of the Treasury under the ECIP Purchase Option Agreement, with a potential repurchase date as soon as 3Q 2026. Ponce Financial Group is a bank holding company that operates Ponce Bank, N.A., providing community-focused financial services.