NASDAQ$PDLB
Ponce Financial Group Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported a net loss due to one-time pre-tax events and write-off of receivable from Grain.
Ponce Financial Group reported a net loss of $6.8 million, or $0.31 per basic and diluted share, for the first quarter of 2022, compared to net income of $15.0 million for the prior quarter and $2.5 million for the same quarter last year. The net loss reflects $13.1 million in one-time pre-tax events, including a $5.0 million contribution to the Ponce De Leon Foundation and an $8.1 million write-off and write-down of the receivable due from Grain Technologies, Inc.
- Net interest income increased by $4.4 million, or 34.5%, compared to the same quarter last year.
- Average cost of interest-bearing deposits decreased to 0.49% from 0.77% in the same quarter last year.
- Net interest margin increased to 4.68% from 4.00% in the same quarter last year.
- Non-performing loans increased by $3.5 million year-over-year and was 1.20% of total gross loans receivable.
Headline financials
Revenue & EPS history
Ponce Financial · Revenue · Quarterly
$19.6M
Forward guidance
The company did not provide any specific forward guidance in the provided document.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.2%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+1.8%
Avg return
30 days after
49%
17 / 35 earnings
Positive
+10.9%
Q3 2020
Best reaction
-8.4%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | -0.3% | +5.9% | |
| Q4 2025 | +1.0% | +1.9% | -2.3% | |
| Q3 2025 | +1.7% | -1.3% | +6.7% | |
| Q2 2025 | -1.3% | -3.3% | -0.9% | |
| Q1 2025 | +1.1% | +2.6% | +0.7% | |
| Q4 2024 | +0.2% | -0.1% | -2.3% | |
| Q3 2024 | -1.5% | +1.6% | +13.2% | |
| Q2 2024 | +0.6% | -4.8% | +13.4% | |
| Q1 2024 | +4.3% | +6.8% | +12.6% | |
| Q4 2023 | -3.5% | -1.6% | -6.1% | |
| Q3 2023 | -0.9% | +2.2% | +22.9% | |
| Q2 2023 | -4.7% | -2.5% | -18.4% | |
| Q1 2023 | +4.2% | -1.1% | +5.8% | |
| Q4 2022 | -8.4% | -6.1% | -7.8% | |
| Q3 2022 | +1.1% | +5.8% | +7.1% | |
| Q2 2022 | -0.5% | -0.9% | +2.5% | |
| Q1 2022 | -4.2% | -3.2% | -3.1% | |
| Q4 2021 | -0.3% | +1.9% | +1.5% | |
| Q3 2021 | -0.1% | -3.2% | -5.2% | |
| Q2 2021 | +0.9% | +5.5% | +5.3% | |
| Q1 2021 | +2.5% | +0.8% | +26.4% | |
| Q4 2020 | +8.5% | +14.8% | -0.8% | |
| Q3 2020 | +10.9% | +5.2% | +19.9% | |
| Q2 2020 | -5.0% | -4.9% | -14.6% | |
| Q1 2020 | -0.1% | -6.2% | -2.9% | |
| Q4 2019 | +0.9% | -2.1% | -23.4% | |
| Q3 2019 | +1.0% | +0.1% | +5.1% | |
| Q2 2019 | -0.9% | -0.2% | +0.1% | |
| Q1 2019 | -0.3% | -2.3% | -3.2% | |
| Q4 2018 | +0.5% | +0.6% | +3.1% | |
| Q3 2018 | -0.4% | -3.4% | -8.2% | |
| Q2 2018 | -0.1% | -0.3% | +0.8% | |
| Q1 2018 | -0.6% | -0.6% | -3.3% | |
| Q4 2017 | -1.0% | +1.0% | +10.6% | |
| Q3 2017 | +0.1% | +1.9% | +0.7% | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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