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PDL Community Bancorp: 3Q Earnings Snapshot

·1 min read

BRONX, N.Y. (AP) _ PDL Community Bancorp (PDLB) on Monday reported net income of $4 million in its third quarter.

The Bronx, New York-based bank said it had earnings of 24 cents per share.

The holding company of Ponce Bank posted revenue of $20.9 million in the period. Its revenue net of interest expense was $18.1 million, which topped Street forecasts.

PDL Community Bancorp shares have declined 36% since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.40, a decline of 33% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PDLB at https://www.zacks.com/ap/PDLB