Ponce Financial Group (NASDAQ:PDLB) Posts Earnings Results

Ponce Financial Group (NASDAQ:PDLB) issued its earnings results on Tuesday. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.09 by $0.03, Zacks reports. Ponce Financial Group had a net margin of 6.46% and a return on equity of 4.01%.

Ponce Financial Group Price Performance

NASDAQ PDLB traded down $0.06 during trading hours on Thursday, reaching $13.92. 3,868 shares of the company’s stock were exchanged, compared to its average volume of 44,456. The firm has a fifty day moving average of $13.04 and a 200-day moving average of $11.89. Ponce Financial Group has a one year low of $7.89 and a one year high of $13.97. The stock has a market cap of $331.59 million, a PE ratio of 29.68 and a beta of 0.65. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 2.08.

Ponce Financial Group Company Profile

Ponce Financial Group, Inc operates as the bank holding company for Ponce Bank that provides various banking products and services. It offers various deposit products, including demand accounts, NOW/IOLA, money market, reciprocal deposits, savings accounts, and certificates of deposit to individuals, business entities, and non-profit organizations, as well as individual retirement accounts.