Ponce Financial (PDLB) - 2024 Q1 - Quarterly Results
PDLBPonce Financial (PDLB)2024-05-01 05:28

Exhibit 99.1 Ponce Financial Group, Inc. Reports First Quarter 2024 Results NEW YORK, April 30, 2024 - Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced results for the first quarter of 2024. First Quarter 2024 Highlights (Compared to Prior Periods): • Net income of 2.4million,or2.4 million, or 0.11 per diluted share for the three months ended March 31, 2024, as compared to net income of 0.5million,or0.5 million, or 0.02 per diluted share for the three m ...