Company Description
Ponce Financial Group, Inc. operates as the bank holding company for Ponce Bank that provides various banking products and services.
It offers various deposits, including demand accounts, NOW/IOLA, money market, reciprocal deposits, savings accounts, and certificates of deposit to individuals, business entities, and non-profit organizations, as well as individual retirement accounts.
The company also provides real estate-secured loans, which includes 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.
Further, it offers courier cash and payroll services, cannabis banking solutions, positive pay; lines of credit; and business, commercial, and pre licensed and licensed cannabis checking accounts.
It also offers Clover POS Station, as well as online and mobile banking services. 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 stock.
Ponce Financial Group, Inc. was founded in 1960 and is headquartered in Bronx, New York.
| Country | United States |
| Founded | 1960 |
| IPO Date | Oct 2, 2017 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 218 |
| CEO | Carlos Naudon |
Contact Details
Address: 2244 Westchester Avenue Bronx, New York 10462 United States | |
| Phone | 718 931 9000 |
| Website | poncebank.com |
Stock Details
| Ticker Symbol | PDLB |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001874071 |
| CUSIP Number | 732344106 |
| ISIN Number | US7323441060 |
| SIC Code | 6035 |
Key Executives
| Name | Position |
|---|---|
| Carlos P. Naudon | President, Chief Executive Officer and Director |
| Steven A. Tsavaris | Executive Chairman of the Board |
| Sergio J. Vaccaro | Executive Vice President and Chief Financial Officer |
| Luis Gerardo Gonzalez Jr. | Executive Vice President and Chief Operating Officer |
| Madeline V. Marquez | Chief External Affairs Officer |
| David Rodriguez | Chief Relationship Manager and Senior Vice President |
| Michael Lagoudis | Senior Vice President |
| Ioannis Kouzilos | Executive Vice President and Chief Lending Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 13, 2025 | 10-K | Annual Report |
| Feb 11, 2025 | SCHEDULE 13G | Filing |
| Jan 28, 2025 | 8-K | Current Report |
| Dec 23, 2024 | 8-K | Current Report |
| Dec 11, 2024 | 8-K | Current Report |
| Nov 27, 2024 | 8-K | Current Report |
| Nov 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 7, 2024 | 10-Q | Quarterly Report |
| Oct 30, 2024 | 8-K | Current Report |
| Sep 30, 2024 | 8-K | Current Report |