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Dec 31, 2023
Ponce Financial Q4 2023 Earnings Report
Announced results for the fourth quarter of 2023.
Key Takeaways
Ponce Financial Group, Inc. reported a net income of $0.5 million, or $0.02 per diluted share, for the fourth quarter of 2023, compared to a net loss of ($9.2) million, or ($0.40) per diluted share for the same quarter last year. Net interest income increased to $17.2 million, and the net interest margin was 2.66%.
Net income was $0.5 million, or $0.02 per diluted share.
Net interest income increased to $17.2 million.
Net interest margin was 2.66%.
Loans and deposits both grew by over $100 million.
Forward Guidance
The document does not contain forward guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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