Ponce Financial Group Inc reports results for the quarter ended in March

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Ponce Financial Group Inc reports results for the quarter ended in March – Earnings Summary

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Ponce Financial Group Inc reports results for the quarter ended in March – Earnings Summary

Ponce Financial Group Inc reports results for the quarter ended in March – Earnings Summary
  • Ponce Financial Group Inc PDLB.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 1 cents. The lone analyst forecast for the quarter was for a loss of 3 cents per share.

  • Revenue rose 23.5% to $18.82 million from a year ago; analysts expected $17.30 million.

  • Ponce Financial Group Inc’s reported EPS for the quarter was 11 cents​.

  • The company reported quarterly net income of $2.41 million.

  • Ponce Financial Group Inc shares had fallen by 9.0% this quarter and lost 17.0% so far this year.


  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.


  • The current average analyst rating on the shares is “strong buy” and the breakdown of recommendations is 1 “strong buy” or “buy,” no “hold” and no “sell” or “strong sell.”

  • The average consensus recommendation for the banks peer group is also “strong buy”

Wall Street’s median 12-month price target for Ponce Financial Group Inc is $10.00

This summary was machine generated from LSEG data April 30 at 11:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)





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