Ponce Financial Net Long-Term Debt 2016-2024 | PDLB
Ponce Financial net long-term debt from 2016 to 2024. Net long-term debt can be defined as the net amount of long term debt issued and repaid. This field is either calculated as the sum of the long term debt fields or used if a company does not report debt issued and repaid separately
| Ponce Financial Annual Net Long-Term Debt (Millions of US $) |
|
|---|---|
| 2024 | $-88 |
| 2023 | $167 |
| 2022 | $411 |
| 2021 | $-11 |
| 2020 | $13 |
| 2019 | $35 |
| 2018 | $33 |
| 2017 | $33 |
| 2016 | $-5 |
| 2015 | $-2 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Finance | FIN-MISC SVCS | $0.309B | $0.170B |
| Ponce Financial Group Inc. is the financial holding company for Ponce Bank. Ponce Bank is a Minority Depository Institution, a Community Development Financial Institution and a certified Small Business Administration lender. The Bank's business primarily consists of taking deposits from the general public and to a lesser extent alternative funding sources and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans, The Bank also invests in securities, which consist of U.S. Government and federal agency securities and securities issued by government-sponsored or government-owned enterprises, as well as, mortgage-backed securities, corporate bonds and obligations and Federal Home Loan Bank stock. Ponce Financial Group Inc., formerly known as PDL Community Bancorp, is based in BRONX, N.Y. | |||