Ponce Financial Group Inc
poncebank.netWhat Do They Do?
Takes deposits and makes real estate and business loans for consumers, property investors, developers and businesses.
10-K for FY2025, filed Mar 13, 2026The Bank’s business primarily consists of taking deposits from the general public and investing those deposits, together with funds…View ↗
The Bank’s primary deposit base includes a large and stable base of locally employed blue-collar workers with low-to-medium income…View ↗
Another significant customer segment of the Bank consists of middle-aged and older white-collar, high-income, immigrant individuals, many…View ↗
General. The Bank’s principal lending activity is originating real estate-secured loans, including one-to-four family investor-owned and…View ↗
How Do They Make Money?
The bank earns interest on loans and securities funded by deposits and borrowings, and income from mortgage banking. It also receives service charges and fees, late and prepayment charges, and grants.
10-K for FY2025, filed Mar 13, 2026
$185.5M
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10-K for FY2025, filed Mar 13, 2026
$185.5M ↗
Who Are Their Customers?
It serves local consumers, immigrant individuals, real estate investors and developers, businesses and not-for-profit organizations. Customers use branches and bank officers directly; loan applications also come through brokers, builders and attorneys.
10-K for FY2025, filed Mar 13, 2026The Company’s business is conducted through the administrative office and 13 full service banking offices, 2 mortgage loan offices, 1 ATM…View ↗
The Bank’s primary deposit base includes a large and stable base of locally employed blue-collar workers with low-to-medium income…View ↗
Another significant customer segment of the Bank consists of middle-aged and older white-collar, high-income, immigrant individuals, many…View ↗
General. The Bank’s principal lending activity is originating real estate-secured loans, including one-to-four family investor-owned and…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 15 cents of every revenue dollar as net income in FY2025 and turned 29 cents into free cash flow.
How Are They Changing?
Growing. Revenue grew 2.8x in 4 years, from $67.1M in FY2021 to $185.5M in FY2025, about 29% a year.
Deposit sources broaden
The latest report describes internet deposits and deposits from large banks, nonprofits and corporations alongside the earlier emphasis on local community deposits, brokered deposits and Federal Home Loan Bank advances.
10-K for FY2022, filed Mar 21, 2023 10-K for FY2025, filed Mar 13, 2026The Bank has historically been funded through local community deposits. The Bank continues to rely primarily on community deposits from its…View ↗
The Bank has historically been funded through local community deposits. Although the Bank continues to rely primarily on community deposits…View ↗
Who Do They Compete With?
Competes with JPMorgan Chase, Citibank, Capital One, LendingClub, Rocket Mortgage, and United Wholesale Mortgage
10-K for FY2025, filed Mar 13, 2026The Company faces significant competition within its market area both in originating loans and attracting deposits. Factors such as…View ↗
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