Ponce Financial Group Q3 2026 Net Income More Than Doubles Year Over Year to $18.25 Million
Bitget2026/10/26 12:55- Ponce Financial Group’s third-quarter 2026 net income available to common stockholders more than doubled year-over-year to $17.97 million.
- Results included a $10.5 million release of the valuation allowance against New York State and New York City deferred tax assets.
- Net interest income climbed 35% year-over-year to $33.99 million.
- Treasury confirmed the required deep-impact lending threshold was met; the preferred stock repurchase remains subject to additional conditions.
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