Ponce Financial Group Inc

NASDAQ PDLB

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Ponce Financial Group Inc Net Operating Profit After Tax (NOPAT) 3 year CAGR for the quarter ending March 31, 2024: -80.62%

Ponce Financial Group Inc Net Operating Profit After Tax (NOPAT) 3 year CAGR is -80.62% for the quarter ending March 31, 2024, a -348.93% change year over year. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Ponce Financial Group Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2023 was 4,524,547.32, a 185.03% change year over year.
Ponce Financial Group Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2022 was -5,320,968.47, a -213.79% change year over year.
Ponce Financial Group Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2021 was 4,676,050.25, a 139.80% change year over year.
Ponce Financial Group Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2020 was 1,950,012.66, a -35.37% change year over year.

NASDAQ: PDLB

Ponce Financial Group Inc

CEO	Mr. Steven A. Tsavaris
IPO Date	Oct. 2, 2017
Location	United States
Headquarters	2244 Westchester Avenue, Bronx, NY, United States, 10462
Employees	233
Sector	Financial Services
Industry	Banks - regional

Description

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. The company also provides real estate-secured loans, which includes one-to-four family investor-owned and owner-occupied residential; multifamily residential; nonresidential property; construction and land; commercial and industrial; and business and consumer loans, as well as lines of credit. In addition, it invests in securities, which consist of U.S. Government and federal agency securities and securities issued by government-sponsored or owned enterprises, as well as corporate securities, mortgage-backed securities, and Federal Home Loan Bank stock. Ponce Financial Group, Inc. was founded in 1960 and is headquartered in Bronx, New York.

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