U.S. markets open in 3 hours 8 minutes

PDL Community Bancorp (PDLB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
10.18-0.37 (-3.51%)
At close: 4:00PM EST
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Momentum

Momentum

Previous Close10.55
Open10.63
Bid0.00 x 800
Ask0.00 x 1000
Day's Range10.17 - 10.80
52 Week Range7.31 - 14.39
Volume7,095
Avg. Volume10,931
Market Cap173.819M
Beta (5Y Monthly)0.46
PE Ratio (TTM)N/A
EPS (TTM)-0.31
Earnings DateNov 02, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est12.00
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-12% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Ponce De Leon Foundation Announces Grant Awards
    GlobeNewswire

    Ponce De Leon Foundation Announces Grant Awards

    BRONX, N.Y., Dec. 31, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of the Ponce De Leon Foundation is pleased to announce it has awarded a total amount of $375,000 to nonprofits that are making a difference in our communities. Since its inception in 2017, the Foundation has granted over $1 million in grants. Madeline V. Marquez, Executive Director of the Ponce De Leon Foundation, stated, “We are honored to support these organizations during the challenging times of COVID-19.” Carlos P. Naudon, President and Director of the Ponce De Leon Foundation, stated, “COVID-19 has proven that non-profits are ever so important in the well-being of our communities.” Steven A. Tsavaris, Chairman of the Ponce De Leon Foundation, stated, “The way our communities have pulled together and our non-profits stepped up to help has been the silver lining during these difficult times and I am excited to be a part of the Ponce De Leon Foundation which strives to help non-profits support the communities we serve.”Act Now Foundation, Inc.: $10,000 for the Alzheimer’s Care Project – “Aging in Place” Project.Ali Forney Center, Inc.: $25,000 for the Financial Literacy Training for Homeless LGBTQ Youth Project.Andromeda Community Initiative, Inc.: $20,000 for the Masonry Restoration Project.Council for Unity Inc.: $15,000 for The Council for Unity “Dragon Slayer” Expansion Project.Daniel’s Music Foundation: $10,000 for the DMF Virtual Community Project.Family Life Academy Charter Schools.: $25,000 for the FLACS K-2 Home Library Project.Jersey City Connections, Inc.: $20,000 for the Pride Assists Project.Little Sisters of the Assumption Family Health Service: $20,000 for the Integrated Case Management Services Project.My Time, Inc.: $20,000 for the “Me Time” A Social/Recreational Program.Neighborhood SHOPP, Inc.: $30,000 for the SHOPP Senior Virtual Connections Initiatives Project.New York Women’s Chamber of Commerce, Inc.: $25,000 for the Financial Management and Loan Readiness Program for Small Businesses Project.Per Scholas, Inc.: $25,000 for the 1,000 Careers in Tech Project.Sapna NYC, Inc.: $20,000 for the Sapna NYC COVID Community Response Project.Save Latin America, Inc.: $20,000 for the SLA - Diabetes Outreach Campaign.Spanish Speaking Elderly Council RAICES, Inc.: $25,000 for the Raices Pilot Telemental Health Program.The Forum for Urban Design: $25,000 for the Neighborhoods Now Project.The Point Community Development Corporation, Inc.: $10,000 for the Blank Plate Empowered Meals Project.Upper Manhattan Empowerment Zone Development Corp.: $20,000 for the Business Resources Investment Services Center Project.Union City Music Project, Inc.: $10,000 for the After School Orchestral Music Foundation Program.About the Ponce De Leon Foundation: Ponce De Leon Foundation is a private 501(c)3 charitable corporation launched in 2017 with a generous gift of stock and cash from Ponce Bank, when the Bank was converted to mutual holding company. Ponce De Leon Foundation’s mission is to improve the quality of life in the communities in which Ponce Bank maintains full-service branches. With this gift, Ponce Bank made clear its commitment to continue its tradition of supporting the communities it serves. For further information on the Ponce De Leon Foundation you can send an email to Grants@Poncedeleonfoundation.org.About Ponce Bank: Ponce Bank is a subsidiary of PDL Community Bancorp, a NASDAQ company trading under the symbol PDLB. Ponce Bank is a federally chartered stock savings association headquartered in the Bronx, New York. The Bank’s business is conducted through the administrative office and 13 branch banking offices. The banking offices are located in the Bronx (4 branches), Manhattan (2 branches), Queens (3 branches) and Brooklyn (3 branches), New York and Union City (1 branch), New Jersey. The primary market area currently consists of the New York City metropolitan area. www.poncebank.com (718) 931-9000.

  • GlobeNewswire

    PDL Community Bancorp Announces that PFS Service Corp. entered into a Contract of Sale of Real Property

    NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) -- On December 22, 2020, PDL Community Bancorp (the “Company”), through PFS Service Corp. (“PFS”), the service company of its subsidiary Ponce Bank (the “Bank”), entered into a contract of sale and leaseback of the real property that PFS owns located at 3821 Bergenline Avenue, Union City, New Jersey (the “Real Property”). The purchase price for the Real Property is $2.4 million. PFS’ carrying value of the Real Property as of December 22, 2020 was $512,000. It is anticipated that there will be additional expenses incurred during the closing of the transaction. In the leaseback transaction, the Bank will lease back the Real Property for an initial term of 15 years and will have four optional terms of five years each. The initial base annual rent will be $145,000 subject to annual rent increases of 1.5%.Carlos P. Naudon, the Company’s President and CEO, noted “2021 will continue to be a year of investing – in the safety of our people and the future of our organization and our communities – with the clear goal of enhancing stakeholder values.”About PDL Community BancorpPDL Community Bancorp is the financial holding company for Ponce Bank and Mortgage World Bankers, Inc. 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, consisting of 1-4 family residences (investor-owned and owner-occupied), multifamily residences, nonresidential properties and construction and land, and, to a lesser extent, in business and consumer 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. Mortgage World Bankers, Inc. is a mortgage lender operating in five states. As a Federal Housing Administration (“FHA”)-approved Title II lender, Mortgage World Bankers, Inc. originates and sells to investors single family mortgage loans guaranteed by the FHA, as well as conventional mortgages.Forward Looking StatementsCertain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “believes,” “will,” “would,” “expects,” “project,” “may,” “could,” “developments,” “strategic,” “launching,” “opportunities,” “anticipates,” “estimates,” “intends,” “plans,” “targets” and similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, adverse conditions in the capital and debt markets and the impact of such conditions on the Company’s business activities; changes in interest rates; competitive pressures from other financial institutions; the effects of general economic conditions on a national basis or in the local markets in which the Company operates, including changes that adversely affect borrowers’ ability to service and repay the Company’s loans; the anticipated impact of the COVID-19 novel coronavirus pandemic and the Company’s attempts at mitigation; changes in the value of securities in the Company’s investment portfolio; changes in loan default and charge-off rates; fluctuations in real estate values; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; operational risks, including, but not limited to, cybersecurity, fraud and natural disasters; changes in government regulation; changes in accounting standards and practices; the risk that intangibles recorded in the Company’s financial statements will become impaired; demand for loans in the Company’s market area; the Company’s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that the Company may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward-looking statements and the risk factors described in the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission (the “SEC”), which are available at the SEC’s website, www.sec.gov. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, PDL Community Bancorp’s actual results could differ materially from those discussed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as may be required by applicable law or regulation.Contact: Frank Perez frank.perez@poncebank.net  718-931-9000

  • GlobeNewswire

    PDL Community Bancorp Announces Share Repurchase Program

    NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) announced today that its Board of Directors has adopted a share repurchase program intended to enhance shareholder value effective December 14, 2020. Under the repurchase program, the Company may repurchase up to 852,302 shares of its common stock, or approximately 5% of the issued and outstanding shares. The repurchases will be made in accordance with a pre-arranged stock repurchase plan adopted by the Company in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, as well as from time to time through privately negotiated transactions at prevailing market prices, depending on market conditions. Repurchases under the Company’s 10b5-1 plan, administered through an independent broker, are subject to SEC regulations as well as certain market volume, price and timing limitations as set forth in the 10b5-1 plan.Repurchased shares will be held by the Company as Treasury shares. The repurchase program may be suspended or terminated at any time without prior notice, and it will expire no later than June 13, 2021.About PDL Community BancorpPDL Community Bancorp is the financial holding company for Ponce Bank and Mortgage World Bankers, Inc. 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, consisting of 1-4 family residences (investor-owned and owner-occupied), multifamily residences, nonresidential properties and construction and land, and, to a lesser extent, in business and consumer 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. Mortgage World Bankers, Inc. is a mortgage lender operating in five states. As a Federal Housing Administration (“FHA”)-approved Title II lender, Mortgage World Bankers, Inc. originates and sells to investors single family mortgage loans guaranteed by the FHA, as well as conventional mortgages.Forward Looking StatementsCertain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “believes,” “will,” “would,” “expects,” “project,” “may,” “could,” “developments,” “strategic,” “launching,” “opportunities,” “anticipates,” “estimates,” “intends,” “plans,” “targets” and similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, adverse conditions in the capital and debt markets and the impact of such conditions on the Company’s business activities; changes in interest rates; competitive pressures from other financial institutions; the effects of general economic conditions on a national basis or in the local markets in which the Company operates, including changes that adversely affect borrowers’ ability to service and repay the Company’s loans; the anticipated impact of the COVID-19 novel coronavirus pandemic and the Company’s attempts at mitigation; changes in the value of securities in the Company’s investment portfolio; changes in loan default and charge-off rates; fluctuations in real estate values; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; operational risks, including, but not limited to, cybersecurity, fraud and natural disasters; changes in government regulation; changes in accounting standards and practices; the risk that intangibles recorded in the Company’s financial statements will become impaired; demand for loans in the Company’s market area; the Company’s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that the Company may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward-looking statements and the risk factors described in the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission (the “SEC”), which are available at the SEC’s website, www.sec.gov. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, PDL Community Bancorp’s actual results could differ materially from those discussed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as may be required by applicable law or regulation.Contact: Frank Perez frank.perez@poncebank.net 718-931-9000