Ponce Financial Group, Inc. filed a Form 10-Q with the SEC on November 4, 2026, reporting unaudited financial results for the quarterly and nine-month periods ended September 30, 2026, with the company trading on NASDAQ:PDLB.

Key Highlights

  • Nine-month net income: $35,367 thousand for the nine months ended September 30, 2026, compared to $18,567 thousand for the same period in 2025, according to the filing.
  • Third-quarter net income: $18,249 thousand for the three months ended September 30, 2026, versus $6,508 thousand for the same quarter in 2025.
  • Total assets: $3,686,677 thousand as of September 30, 2026, up from $3,223,970 thousand at December 31, 2025.
  • Loans receivable, net: $3,081,101 thousand as of September 30, 2026, compared to $2,599,258 thousand at December 31, 2025.
  • Diluted EPS: $0.76 for the third quarter of 2026 and $1.47 for the nine-month period, versus $0.27 and $0.77, respectively, in the prior-year periods.
  • Shares outstanding: 24,188,501 shares of common stock outstanding as of November 3, 2026, as disclosed on the filing cover page.
  • Provision for credit losses: $7,023 thousand for the nine months ended September 30, 2026, compared to $2,705 thousand in the prior-year period.

Ponce Financial Group's Third-Quarter 2026 Financial Position and Operating Results

According to the 10-Q filed November 4, 2026, Ponce Financial Group reported total interest and dividend income of $57,504 thousand for the three months ended September 30, 2026, up from $46,847 thousand in the same period of 2025. For the nine-month period, total interest and dividend income reached $157,818 thousand versus $136,704 thousand a year earlier. Net interest income for the nine months was $92,276 thousand, compared to $71,877 thousand in the prior-year period.

The filing disclosed a tax benefit of $5,865 thousand for the third quarter of 2026, compared to a provision of $2,250 thousand in the third quarter of 2025. For the nine-month period, the company reported a tax benefit of $306 thousand versus a provision of $6,163 thousand in the prior-year period. Total non-interest expense for the nine months ended September 30, 2026, was $54,611 thousand, with compensation and benefits representing the largest component at $28,242 thousand. The filing also reported a loss on real property held for sale of $1,166 thousand in the third quarter of 2026.

On the balance sheet, total deposits grew to $2,367,708 thousand at September 30, 2026, from $2,046,635 thousand at December 31, 2025, while borrowings increased to $696,100 thousand from $596,100 thousand over the same period. Total stockholders' equity stood at $578,260 thousand at September 30, 2026, compared to $541,549 thousand at year-end 2025. The company's Series A preferred stock, with a $1,000 per share liquidation preference, had 225,000 shares issued and outstanding at both dates.

What Was Disclosed

Ponce Financial Group filed its unaudited Form 10-Q for the quarter ended September 30, 2026, disclosing income statements, balance sheet data, and cash flow information. The filing covers NASDAQ:PDLB and was submitted November 4, 2026, with 24,188,501 common shares outstanding as of November 3, 2026.