Ponce Financial Group elects three directors, ratifies auditor at June 11 annual meeting
At its June 11, 2026 annual meeting, Ponce Financial Group shareholders elected three directors to terms expiring in 2029, ratified Forvis Mazars, LLP as auditor for 2026, and approved, on a non-binding basis, the compensation of named executive officers. The pay vote passed with 11,067,224 for and 5,852,807 against, a much closer result than the auditor vote, which had 19,264,595 for and 176,733 against. CEO Carlos P. Naudon's remarks to shareholders, furnished as Exhibit 99.1, cite 2025 basic earnings per share of $1.21, up from $0.46 in 2024.
Key points
- Directors elected: Steven A. Tsavaris, James Perez and Marlene Cintron, for terms expiring in 2029
- Forvis Mazars, LLP ratified as independent registered public accounting firm for the year ending December 31, 2026, with 19,264,595 votes for
- Advisory say-on-pay proposal approved with 11,067,224 votes for and 5,852,807 against
- CEO remarks cite 2025 basic EPS of $1.21, versus $0.46 in 2024 and $0.15 in 2023, and a 1% return on average assets
The filing
Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.