Ponce Financial Group, Inc. (PDLB)

Ponce Financial Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	130.51	95.81	69.87	65.53	52.39
Interest Income on Investments	32.13	30.06	12.89	1.57	0.95
Total Interest Income	162.64	125.87	82.75	67.1	53.34
Interest Paid on Deposits	58.69	35.14	9.95	5.67	8.75
Interest Paid on Borrowings	27.47	25.46	6.2	2.58	2.62
Total Interest Expense	86.16	60.6	16.15	8.25	11.37
Net Interest Income	76.48	65.27	66.6	58.85	41.97
Net Interest Income Growth (YoY)	17.18%	-2.01%	13.18%	40.21%	10.06%
Gain (Loss) on Sale of Assets	-	-	-0.44	20.27	4.18
Other Non-Interest Income	6.02	5.93	6.11	9.1	4.95
Total Non-Interest Income	7.21	6.52	6.42	34.64	13.25
Non-Interest Income Growth (YoY)	10.58%	1.62%	-81.47%	161.47%	393.74%
Revenues Before Loan Losses	83.69	71.79	73.02	93.48	55.22
Provision for Loan Losses	1.33	0.97	24.05	2.72	2.44
Revenue	82.36	70.82	48.98	90.77	52.77
Revenue Growth (YoY)	16.30%	44.59%	-46.04%	71.99%	30.12%
Salaries and Employee Benefits	27.36	27.67	24.98	20.46	20.11
Occupancy Expenses	10.61	10.29	9.4	8.99	9.56
Federal Deposit Insurance	1.63	1.47	0.7	-	-
Selling, General & Administrative	20.11	21.83	19.36	18.66	12.29
Other Non-Interest Expense	6.97	7.4	26.39	9.03	5.57
Total Non-Interest Expense	66.67	68.66	85.82	57.14	47.54
EBT Excluding Unusual Items	15.69	2.15	-36.85	33.62	5.24
Other Unusual Items	-	3.7	-	-	-
Pretax Income	15.69	5.85	-36.85	33.62	5.24
Income Tax Expense	4.71	2.5	-6.85	8.21	1.38
Net Income	10.97	3.35	-30	25.42	3.85
Preferred Dividends & Other Adjustments	0.64	-	-	-	-
Net Income to Common	10.33	3.35	-30	25.42	3.85
Net Income Growth	227.33%	-	-	559.62%	-
Basic Shares Outstanding	22	23	23	17	23
Diluted Shares Outstanding	23	23	23	17	23
Shares Change (YoY)	-1.19%	0.58%	35.13%	-27.86%	-4.30%
EPS (Basic)	0.46	0.15	-1.32	1.52	0.17
EPS (Diluted)	0.46	0.15	-1.32	1.51	0.16
EPS Growth	212.14%	-	-	817.87%	-
Effective Tax Rate	30.05%	42.73%	-	24.41%	26.40%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q