Ponce Financial Group Q3 Diluted EPS Rises to $0.76 From $0.35 on Tax Benefit
Ponce Financial Group reported third-quarter 2026 net income available to common stockholders of $18.0 million, or $0.76 per diluted share, up from $8.2 million, or $0.35, in the prior quarter and $6.2 million, or $0.27, a year earlier. The quarter includes a $10.5 million release of a tax valuation allowance and a $1.2 million loss on real property, and the company said results were strong even before those items. The company also said the U.S. Treasury confirmed it met the deep impact threshold for repurchasing its Preferred Stock, though completion of that repurchase depends on additional conditions.
Key points
- Net income available to common stockholders was $18.0 million, or $0.76 per diluted share, for the quarter ended September 30, 2026, versus $8.2 million, or $0.35, for the quarter ended June 30, 2026, and $6.2 million, or $0.27, for the qua
- The quarter includes a $10.5 million release of the valuation allowance on New York State and New York City deferred tax assets, and a $1.2 million loss on real property tied to the Flushing property moved to held for sale.
- Net interest margin was 3.86%, compared with 3.66% in the prior quarter and 3.30% a year earlier.
- The U.S. Treasury confirmed the company met the deep impact threshold for Preferred Stock repurchase; the company said there is no assurance if or when the repurchase will be completed.
The filing
Written by AI on Nov 9, 2026, 11:44 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 October 26, 2026.
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