PDL Community Bancorp: 3Q Earnings Snapshot

October 30, 2019 GMT

BRONX, N.Y. (AP) _ PDL Community Bancorp (PDLB) on Wednesday reported net income of $709,000 in its third quarter.

The Bronx, New York-based bank said it had earnings of 4 cents per share.

The holding company of Ponce Bank posted revenue of $13.5 million in the period. Its revenue net of interest expense was $10.3 million, which beat Street forecasts.

PDL Community Bancorp shares have climbed roughly 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14, a climb of 3% in the last 12 months.


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