Ponce Financial Group (PDLB) investor relations material

Executive summary

• Q3 net income available to common stockholders was $18.0M, or $0.76 per diluted share, versus $6.2M and $0.27 a year earlier; 9M income rose to $34.5M, or $1.47 per diluted share.

• Results benefited from stronger net interest income and a $10.5M release of the New York State and City deferred-tax valuation allowance; a $1.2M property-sale loss partly offset gains.

• Total assets reached $3.69B at September 30, 2026, up $462.7M from year-end 2025, driven chiefly by $481.8M growth in net loans.

Financial highlights

• Q3 net interest income rose 34.62% YoY to $34.0M; interest and dividend income was $57.5M and interest expense was $23.5M.

• Q3 diluted EPS was $0.76 versus $0.27 a year earlier; 9M diluted EPS was $1.47 versus $0.77.

• 9M net interest income rose 28.38% to $92.3M; non-interest income declined 25.52% to $4.4M and non-interest expense increased 8.41% to $54.6M.

• Net loans receivable were $3.081B at September 30, 2026, versus $2.599B at December 31, 2025; deposits were $2.37B, up $321.1M from year-end.

• Q3 non-interest expense was $19.2M, up $2.6M YoY, primarily from compensation and benefits for new hires.

Outlook and guidance

• Treasury confirmed the deep-impact lending threshold was met for 16 consecutive quarters; a preferred-stock repurchase remains subject to other eligibility conditions, with no assurance of timing or completion.

• Lending priorities emphasize qualified Deep Impact Lending; management expects maturing 2026 CDs to be substantially renewed and anticipates sufficient funds for current lending commitments.

• Management cited investment in people and technology to improve operating efficiency; no timing or quantified target was stated.

• Static-balance-sheet modeling estimated next-12-month net interest income down 10.97% under a +400 bps shock and up 7.94% under a -400 bps shock; the model indicated policy compliance.