Ponce Financial FY26 Q1 net income falls 16.2% to $8.3 million; net interest margin widens to 3.61%
PUBT · 11h ago
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- Ponce Financial Group posted Q1 2026 net income available to common stockholders of USD 8.3 million, or USD 0.36 per diluted share.
- Net interest income rose 27.13% to USD 28.2 million from year-earlier levels.
- Net interest margin widened to 3.61%, up 63 basis points from a year earlier.
- Net loans receivable increased 3.82% to USD 2.7 billion, while deposits climbed 4.26% to USD 2.13 billion.
- Executive Chairman Steven A. Tsavaris said deep impact lending reached 82% after 15 quarters under the U.S. Treasury’s Emergency Capital Investment Program commitments.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ponce Financial Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604240732PRIMZONEFULLFEED9696522) on April 24, 2026, and is solely responsible for the information contained therein.
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