Quarterly ResultApr 24, 2026, 07:34 AM
Ponce Financial Q1 2026 EPS Rises 44% YoY to $0.36
AI Summary
Ponce Financial Group reported Q1 2026 net income available to common stockholders of $8.3 million, or $0.36 per diluted share. This represents a 44% increase in diluted EPS compared to the same quarter last year, despite a sequential decrease from Q4 2025. The company saw net interest income grow 27.13% year-over-year and net interest margin expand to 3.61%. Loan and deposit growth were also strong, with net loans receivable increasing 3.82% and deposits rising 4.26% from the prior quarter.
Key Highlights
- Net income available to common stockholders was $8.3 million, or $0.36 per diluted share.
- Diluted EPS of $0.36 increased 44% compared to Q1 2025.
- Net interest income rose 27.13% year-over-year to $28.2 million.
- Net interest margin expanded to 3.61% from 2.98% in Q1 2025.
- Net loans receivable grew 3.82% to $2.70 billion from prior quarter.