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PDLB News Highlights
- For PDLB, its 30 day story count is now at 2.
- Over the past 8 days, the trend for PDLB's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest PDLB News From Around the Web
Below are the latest news stories about PONCE FINANCIAL GROUP INC that investors may wish to consider to help them evaluate PDLB as an investment opportunity.
U.S. Department of Treasury Recertifies Ponce Bank as a Community Development Financial InstitutionNEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced that the U.S. Department of the Treasury (“Treasury”) officially recertified the Bank as a Community Development Financial Institution (“CDFI”) on May 19, 2023. This recertification validates and empowers the Bank’s mission to support Low and Moderate-Income communities and communities of color in and around New York City as well |
Ponce Financial Group, Inc. Announces Share Repurchase ProgramNEW YORK, May 16, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), announced today that, following receipt of applicable regulatory clearances, its Board of Directors has adopted a share repurchase program intended to enhance shareholder value. Under the repurchase program, the Company may repurchase up to 1,235,000 shares of its common stock, which represents approximately 5% of the issued and outstanding shar |
U.S. Department of Treasury Certifies Ponce Financial Group, Inc. as a Community Development Financial InstitutionNEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced that the U.S. Department of the Treasury (“Treasury’) officially certified Ponce Financial Group, Inc. (“PFG”), the holding company for Ponce Bank (the “Bank”) as a Community Development Financial Institution (“CDFI”) on April 28, 2023. This certification validates and empowers PFG’s mission to support Low and Moderate-income com |
Ponce Financial (PDLB) Surpasses Q1 Earnings and Revenue EstimatesPonce Financial (PDLB) delivered earnings and revenue surprises of 112.50% and 8%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock? |
Ponce Financial Group, Inc. Reports First Quarter 2023 ResultsNEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced results for the first quarter of 2023. First Quarter 2023 Highlights (Compared to Prior Periods): Net income of $0.3 million or $0.01 per diluted share, for the three months ended March 31, 2023, as compared to net loss of ($9.2) million, or ($0.40) per diluted share for the three months ended December 31, 2022 and net loss of |
Ponce Financial Group (NASDAQ:PDLB) investors are sitting on a loss of 35% if they invested five years agoThe main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have... |
Ponce Bank receives $3.7 million grant as part of CDFI Equitable Recovery ProgramNEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced that the Bank has been awarded a $3.7 million grant from the U.S. Treasury as part of the Community Development Financial Institutions ("CDFI") Equitable Recovery Program ("ERP") which aims to help CDFI's further their mission of helping low and low-to-moderate income communities recover from the impact of Covid-19. The U.S. Tr |
A number of insiders bought Ponce Financial Group, Inc. (NASDAQ:PDLB) stock last year, which is great news for shareholdersUsually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like... |
Institutional investors own a significant stake of 44% in Ponce Financial Group, Inc. (NASDAQ:PDLB)Key Insights Institutions' substantial holdings in Ponce Financial Group implies that they have significant influence... |
Analysts Just Slashed Their Ponce Financial Group, Inc. (NASDAQ:PDLB) Earnings ForecastsOne thing we could say about the analysts on Ponce Financial Group, Inc. ( NASDAQ:PDLB ) - they aren't optimistic... |