Ponce Financial Group, Inc. (NASDAQ:PDLB – Get Free Report) shares traded up 0.5% during trading on Wednesday . The company traded as high as $11.65 and last traded at $11.48. 19,509 shares changed hands during trading, a decline of 57% from the average session volume of 45,360 shares. The stock had previously closed at $11.42.
Ponce Financial Group Stock Up 1.5 %
The business’s fifty day simple moving average is $11.35 and its 200 day simple moving average is $9.93. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 2.50. The stock has a market cap of $271.79 million, a price-to-earnings ratio of 30.41 and a beta of 0.62.
Ponce Financial Group (NASDAQ:PDLB – Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.13. The company had revenue of $41.05 million for the quarter, compared to analysts’ expectations of $19.80 million. Ponce Financial Group had a net margin of 5.31% and a return on equity of 3.18%. Equities analysts forecast that Ponce Financial Group, Inc. will post 0.39 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Ponce Financial Group
Ponce Financial Group Company Profile
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.
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