Ponce Financial Group (PDLB) investor relations material

Executive summary

• Completed conversion to a national bank and commenced operations as a bank holding company on October 10, 2025.

• Net income available to common stockholders was $8.3 million ($0.36 per diluted share) for Q1 2026, up 46.9% year-over-year and down from $9.9 million in Q4 2025.

• Net interest income rose 27.13% year-over-year to $28.2 million for Q1 2026.

• Book value per share increased to $13.49, up 12% year-over-year.

• Recognized as both a Community Development Financial Institution (CDFI) and a Minority Depository Institution (MDI), ranking among the largest in the U.S.

Financial highlights

• Net income available to common stockholders was $8.3 million for Q1 2026, up 46.9% year-over-year.

• Net interest income rose 27.1% to $28.2 million for Q1 2026 compared to Q1 2025.

• Net loans receivable grew 13.8% year-over-year to $2.70 billion as of March 31, 2026, and increased $99.4 million from Q4 2025.

• Deposits increased 5.7% year-over-year to $2.13 billion as of March 31, 2026, and rose $87.2 million from Q4 2025.

• Earnings per diluted share rose 44.0% to $0.36 for Q1 2026.

• Net interest margin improved to 3.61%, up 63bps year-over-year and from 3.57% in Q4 2025.

Outlook and guidance

• Well-positioned to deploy excess capital, with a focus on expanding CRE and non-residential loans.

• Plans to grow core deposits, enhance digital banking, and increase profitability while managing expenses.

• ECIP repurchase could occur as soon as Q3 2026, potentially impacting capital structure.

• Management remains committed to disciplined execution, community investment, and technology improvements.

• Progress continues toward U.S. Treasury Emergency Capital Investment Program goals, with 82% deep impact lending achieved over 15 quarters.