Ponce Financial Group Past Earnings Performance
Past criteria checks 2/6
Ponce Financial Group's earnings have been declining at an average annual rate of -20.8%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 12% per year. Ponce Financial Group's return on equity is 0.7%, and it has net margins of 4.5%.
Key information
-20.8%
Earnings growth rate
-19.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 12.0% |
| Return on equity | 0.7% |
| Net Margin | 4.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Ponce Financial Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 75 | 3 | 61 | 0 |
| 30 Sep 23 | 60 | -6 | 59 | 0 |
| 30 Jun 23 | 48 | -24 | 58 | 0 |
| 31 Mar 23 | 48 | -23 | 56 | 0 |
| 31 Dec 22 | 49 | -30 | 55 | 0 |
| 30 Sep 22 | 80 | -6 | 54 | 0 |
| 30 Jun 22 | 88 | 11 | 53 | 0 |
| 31 Mar 22 | 93 | 16 | 51 | 0 |
| 31 Dec 21 | 91 | 25 | 49 | 0 |
| 30 Sep 21 | 72 | 12 | 47 | 0 |
| 30 Jun 21 | 71 | 14 | 45 | 0 |
| 31 Mar 21 | 59 | 8 | 43 | 0 |
| 31 Dec 20 | 53 | 4 | 43 | 0 |
| 30 Sep 20 | 47 | -5 | 39 | 0 |
| 30 Jun 20 | 40 | -9 | 36 | 0 |
| 31 Mar 20 | 40 | -7 | 35 | 0 |
| 31 Dec 19 | 41 | -5 | 33 | 0 |
| 30 Sep 19 | 41 | 3 | 33 | 0 |
| 30 Jun 19 | 40 | 3 | 32 | 0 |
| 31 Mar 19 | 39 | 2 | 32 | 0 |
| 31 Dec 18 | 38 | 3 | 31 | 0 |
| 30 Sep 18 | 36 | 1 | 32 | 0 |
| 30 Jun 18 | 36 | -3 | 30 | 0 |
| 31 Mar 18 | 35 | -2 | 29 | 0 |
| 31 Dec 17 | 34 | -3 | 27 | 0 |
| 30 Sep 17 | 33 | -1 | 25 | 0 |
| 30 Jun 17 | 32 | 2 | 24 | 0 |
| 31 Mar 17 | 30 | 1 | 24 | 0 |
| 31 Dec 16 | 30 | 1 | 25 | 0 |
| 31 Dec 15 | 30 | 3 | 22 | 0 |
Quality Earnings: PDLB has a large one-off gain of $1.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PDLB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PDLB has become profitable over the past 5 years, growing earnings by -20.8% per year.
Accelerating Growth: PDLB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PDLB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (-10.2%).
Return on Equity
High ROE: PDLB's Return on Equity (0.7%) is considered low.