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PDLB| Name | Value |
|---|---|
| Revenues | 41.3M |
| Cost of Revenue | 1.3M |
| Gross Profit | 40.0M |
| Operating Expense | 1.5M |
| Operating I/L | 38.5M |
| Other Income/Expense | -35.4M |
| Interest Income | 41.3M |
| Pretax | 3.1M |
| Income Tax Expense | 0.6M |
| Net Income/Loss | 2.4M |
Ponce Financial Group, Inc. operates as a bank holding company for Ponce Bank, offering a range of banking products and services. It generates revenue through various deposit products, including demand accounts, money market accounts, and certificates of deposit. The company also provides a diverse portfolio of loans, including residential, multifamily, commercial, and consumer loans, as well as lines of credit and paycheck protection program. Additionally, it invests in securities such as U.S. Government and federal agency securities, mortgage-backed securities, and corporate bonds. Ponce Financial Group, Inc. operates multiple banking and mortgage loan offices in New York and New Jersey.
