NASDAQ$PDLB
Ponce Financial Group Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Ponce Financial Group reported increased net income and net interest income for Q1 2024.
Ponce Financial Group reported a net income of $2.4 million for the first quarter of 2024, an increase compared to the previous quarter and the same quarter last year. Net interest income also increased, driven by growth in interest and dividend income.
- Net income was $2.4 million, or $0.11 per diluted share.
- Net interest income increased to $18.8 million.
- Non-interest income increased to $1.7 million.
- Non-interest expense decreased to $17.0 million.
Headline financials
Revenue & EPS history
Ponce Financial · Revenue · Quarterly
$20.5M
Forward guidance
Ponce Financial Group anticipates that their prudent approach to underwriting practices and balance sheet management may result in lower loan growth in the coming quarters, despite seeing resiliency in their client base.
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 2024
+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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