Ponce Financial Group, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total interest and dividend income $50.5m
$53.3m +5.64%
$67.1m +25.80%
$82.8m +23.33%
$125.9m +52.10%
$162.6m +29.21%
$185.5m +14.07%
Total non-interest income $2.7m $13.2m $34.6m $6.4m $10.2m $7.2m $9.4m
Net interest income $38.1m
$42.0m +10.06%
$58.8m +40.21%
$66.6m +13.18%
$65.3m -2.01%
$76.5m +17.18%
$99.8m +30.51%
$111.5m +11.68%
Other operating expenses $2.4m $3.4m $4.6m $5.1m $4.8m $4.3m $4.6m
Total non-interest expense $46.6m $47.5m $57.1m $85.8m $68.7m $66.7m $67.0m
Total interest expense $12.4m $11.4m $8.3m $16.1m $60.6m $86.2m $85.7m
Net interest income after provision (benefit) for credit losses $37.9m
$39.5m +4.36%
$56.1m +42.00%
$42.6m -24.18%
$64.3m +51.08%
$75.1m +16.88%
$96.0m +27.79%
$111.5m +16.08%
Income before income taxes ($6.0m) $5.2m $33.6m ($36.8m) $5.9m $15.7m $38.4m $45.1m
Provision for income taxes (Note 10) ($924k) $1.4m $8.2m ($6.8m) $2.5m $4.7m $9.7m
Net income ($5.1m)
$3.9m +175.18%
$25.4m +559.62%
($30.0m) -218.04%
$3.4m +111.17%
$11.0m +227.33%
$28.7m +161.60%
$32.6m +13.71%
Net income (loss) available to common stockholders ($5.1m)
$3.9m +175.18%
$25.4m +559.62%
($30.0m) -218.04%
$3.4m +111.17%
$10.3m +208.29%
$27.6m +166.87%
$32.6m +18.34%
Basic ($0.29) $0.23 $1.52 ($1.32) $0.15 $0.49 $1.26 $1.42
Diluted ($0.29) $0.23 $1.51 ($1.32) $0.15 $0.49 $1.24 $32,637,000.00
Dividends on preferred shares $638k $1.1m
Interest on loans receivable $49.3m $52.4m $65.5m $69.9m $95.8m $130.5m $162.5m
Interest on deposits due from banks $617k $84k $20k $713k $5.0m $8.7m $4.7m
Interest and dividend on securities and FHLBNY stock $568k $866k $1.5m $12.2m $25.1m $23.5m $18.4m
Interest on certificates of deposit $7.7m $6.6m $4.2m $3.5m $16.6m $27.8m $28.4m
Interest on other deposits $2.8m $2.2m $1.4m $6.5m $18.6m $30.9m $36.7m
Interest on borrowings $1.9m $2.6m $2.6m $6.2m $25.5m $27.5m $20.6m
Provision for credit losses (Note 3) (Note 5) $2.7m $24.0m $973k $1.3m $3.8m
Service charges and fees $971k $892k $1.7m $1.8m $2.0m $2.0m $2.1m
Brokerage commissions $212k $974k $1.3m $1.0m $80k $61k $35k
Late and prepayment charges $755k $358k $1.2m $623k $2.4m $1.2m $2.8m
Income on sale of mortgage loans $4.1m $5.3m $741k $598k $1.0m $622k
Income on sale of SBA loans $148k $404k
Loan origination $925k $3.0m $1.3m
Grant income $4.2m $1.3m
Loss on sale of premises and equipment $4.2m $20.3m ($436k)
Other $745k $1.8m $1.9m $1.4m $1.0m $2.8m $2.2m
Compensation and benefits $18.9m $22.1m $23.3m $27.9m $30.7m $30.9m $31.4m
Occupancy and equipment $7.6m $9.6m $11.3m $14.0m $14.6m $14.9m $15.8m $15.5m
Data processing expenses $1.6m $2.1m $3.0m $3.8m $5.1m $4.4m $4.9m
Direct loan expenses $692k $1.4m $3.9m $2.5m $1.6m $2.6m $900k
Insurance and surety bond premiums $414k $553k $585k $870k $1.0m $1.1m $1.3m
Office supplies, telephone and postage $1.2m $1.4m $2.1m $1.6m $1.5m $998k $700k
Professional fees $3.2m $6.0m $7.6m $5.9m $7.1m $6.1m $5.5m
Microloans recoveries ($1.5m) ($201k)
Marketing and promotional expenses $158k $488k $206k $593k $825k $714k $627k
Federal deposit insurance and regulatory assessment $704k $1.5m $1.6m $1.4m