Ponce Financial Group, Inc. Income Statement

Income Statement Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 0.26M2.44M2.72M24.05M1.24M1.52M
Revenue 40.82M55.22M93.48M73.02M75.49M83.65M
Interest income
Interest income - Loans 49.31M52.39M65.53M69.86M95.81M130.51M
Interest Income - Debt Securities 2.40M3.36M4.52M12.17M25.09M23.46M
Interest Income - Deposits 0.62M0.08M0.02M0.71M4.97M8.67M
Interest Income - Total 50.49M53.34M67.10M82.75M125.87M162.64M
Interest expenses
Interest Expense - Deposits 7.68M6.58M4.24M4.15M16.57M27.77M
Interest Expense - Debt 130.00M2.62M2.58M6.20M25.46M27.46M
Interest Expenses 12.36M11.37M8.25M16.15M60.60M86.20M
Interest Income - Net 38.13M41.97M58.85M66.60M65.27M76.48M
Non-interest income
Interest Income - Total 37.88M39.53M56.13M42.56M64.29M75.15M
Financial Services Fees 0.21M0.97M1.32M1.02M0.08M0.06M
Service Charges 0.97M0.89M1.66M1.83M1.99M1.97M
Investment Banking Income -0.10M4.12M5.26M0.74M0.60M1.20M
Other Non-Interest Income 0.74M1.80M1.89M6.66M7.29M5.89M
Non-Interest Income 2.68M13.25M34.64M6.42M10.22M7.21M
Operating Items
Research & Development 1.58M2.14M3.02M3.78M5.08M4.38M
Wages, Salaries and Other 18.88M22.05M23.26M27.91M30.70M30.91M
Rent Expense 7.61M9.56M11.33M13.97M14.57M14.88M
Other Operating Expenses 37.42M35.84M42.80M68.08M49.01M47.41M
Operating Expenses 46.61M47.54M57.14M85.82M68.66M66.67M
Operating Income -1.27M1.10M7.20M-7.74M1.23M3.29M
EBIT -1.27M1.10M7.20M-7.74M1.23M3.29M
Non-operating items
Non Operating Income 41.97M58.85M
Net income details
EBT -6.05M5.24M33.62M-36.85M5.85M15.69M
Tax Provisions -2.71M1.38M8.21M-6.84M2.50M4.71M
Profit After Tax -5.12M3.85M25.41M-30.00M3.35M10.97M
Equity Income 6.62M28.16M
Income from Continuing Operations -3.34M3.85M25.41M-30.00M3.35M10.97M
Consolidated Net Income -3.34M3.85M25.41M-30.00M3.35M10.97M
Income towards Parent Company -3.34M3.85M25.41M-30.00M3.35M10.97M
Preferred Dividend Payments 0.64M
Net Income towards Common Stockholders -3.34M3.85M25.41M-30.00M3.35M10.33M
Additional items
EPS (Basic) -0.290.231.52-1.320.150.46
EPS (Weighted Average and Diluted) -0.290.231.51-1.320.150.46
Shares Outstanding (Weighted Average) 24.71M24.71M24.73M23.65M23.83M
Tax Rate 44.73%26.40%24.41%18.58%42.73%30.05%