Form 8-K

8-K — Ponce Financial Group, Inc.

Accession: 0001193125-26-174984

Filed: 2026-04-24

Period: 2026-04-24

CIK: 0001874071

SIC: 6035 (SAVINGS INSTITUTION, FEDERALLY CHARTERED)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — pdlb-20260424.htm (Primary)

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EX-99.2 (pdlb-ex99_2.htm)

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8-K

8-K (Primary)

Filename: pdlb-20260424.htm · Sequence: 1

8-K

0001874071false00018740712026-04-242026-04-24

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 24, 2026

Ponce Financial Group, Inc.

(Exact name of Registrant as Specified in Its Charter)

Maryland

001-41255

87-1893965

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

2244 Westchester Avenue

Bronx, New York

10462

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (718) 931-9000

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.01 per share

PDLB

The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On April 24, 2026, Ponce Financial Group, Inc. (the "Company"), the holding company for Ponce Bank, National Association ("Ponce Bank" or the "Bank"), issued a press release announcing its financial results with respect to its first quarter ended March 31, 2026. The Company’s press release is included as Exhibit 99.1 to this report.

The information set forth in this Item 2.02 and in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section.

Item 7.01 Regulation FD Disclosure.

The Company is scheduled to make presentations to current and prospective investors after April 24, 2026. Attached as Exhibit 99.2 of this Form 8-K is a copy of the presentation which Ponce Financial Group, Inc. will make available at these presentations and will post on its website at www.poncebank.com. This report is being furnished to the SEC and shall not be deemed "filed" for any purpose.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits.

Exhibit Number

Description

99.1

Press release dated April 24, 2026

99.2

Presentation of Ponce Financial Group

104

Cover Page Interactive Data File (embedded within the Inline XBRL)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Ponce Financial Group, Inc.

Date:

April 24, 2026

By:

/s/ Carlos P. Naudon

Carlos P. Naudon

President and Chief Executive Officer

EX-99.1

Filename: pdlb-ex99_1.htm · Sequence: 2

EX-99.1

Exhibit 99.1

Ponce Financial Group, Inc. Reports First Quarter 2026 Results

NEW YORK, April 24, 2026 - Ponce Financial Group, Inc., (the “Company”) (Nasdaq: PDLB), the holding company for Ponce Bank, National Association ("Ponce Bank" or the “Bank”), today announced results for the first quarter of 2026.

First Quarter 2026 Highlights (Compared to Prior Periods):

•

Net income available to common stockholders was $8.3 million, or $0.36 per diluted share for the three months ended March 31, 2026, as compared to net income available to common stockholders of $9.9 million, or $0.42 per diluted share for the three months ended December 31, 2025 and net income available to common stockholders of $5.7 million, or $0.25 per diluted share for the three months ended March 31, 2025. Total net income for the three months ended March 31, 2026 was $8.6 million. The Company paid dividends of $0.3 million on its preferred stock during the three months ended March 31, 2026.

•

Included in the $8.3 million of net income available to common stockholders for the first quarter of 2026 results is $48.7 million in total interest and dividend income and $2.0 million in non-interest income, offset by $20.4 million in interest expense, $17.2 million in non-interest expense, $2.7 million in provision for income taxes, $1.7 million in provision for credit losses and $0.3 million in dividends on preferred shares.

•

Net interest income of $28.2 million for the first quarter of 2026 increased $0.3 million, or 1.05%, from the prior quarter and increased $6.0 million, or 27.13%, from the same quarter last year.

•

Net interest margin was 3.61% for the first quarter of 2026, versus 3.57% for the prior quarter and 2.98% for the same quarter last year.

•

Cash and equivalents were $117.2 million as of March 31, 2026, a decrease of $8.9 million, or 7.06%, from $126.2 million as of December 31, 2025.

•

Securities totaled $350.7 million as of March 31, 2026, a decrease of $14.5 million, or 3.97%, from $365.2 million as of December 31, 2025 primarily due to regular principal payments and the maturity of one available-for-sale security in the amount of $3.0 million.

•

Net loans receivable were $2.70 billion as of March 31, 2026, an increase of $99.4 million, or 3.82%, from $2.60 billion as of December 31, 2025.

•

Deposits were $2.13 billion as of March 31, 2026, an increase of $87.2 million, or 4.26%, from $2.05 billion as of December 31, 2025.

President and Chief Executive Officer’s Comments

Carlos P. Naudon, Ponce Financial Group, Inc.’s President and CEO, stated “Our disciplined execution continues to serve Ponce well. Our diluted earnings per share of $0.36 this quarter is up 44% vs the same quarter last year and our book value per share of $13.49 is up $1.44 or 12% over the same period. Net interest margin is up 4 basis points versus last quarter and 63 basis points vs the same quarter last year. Our non-performing assets went down this quarter by 22 basis points and now stand at 62 basis points of total assets. Our capital ratios continue to be well in excess of regulatory requirements. We remain committed to the communities we serve, and we’ll continue investing in our people and in technology to improve our efficiency.”

Executive Chairman’s Comment

Steven A. Tsavaris, Ponce Financial Group’s Executive Chairman added “We’re pleased with our business activity during the quarter and by our loan and deposit growth. We continue to make progress towards our commitments under the U.S. Treasury’s Emergency Capital Investment Program and we’re one quarter away from achieving 16 quarters of a cumulative deep impact lending percentage of more than 60%. After 15 quarters, including the quarter ended March 31, 2026, we are at 82% deep impact lending.”

The table below indicates the Key Metrics at or for the three months ended:

At or for the Three Months Ended

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

Performance Ratios:

Return on average assets (1)

1.07

1.26

0.82

0.79

0.77

Return on common equity (1)

10.37

12.50

8.10

7.88

7.97

Net interest margin (1) (2)

3.61

3.57

3.30

3.27

2.98

Non-interest expense to average assets (1)

2.14

2.06

2.10

2.18

2.19

Efficiency ratio (3)

56.96

52.95

62.15

63.69

68.70

Capital Ratios:

Total capital to risk-weighted assets (Ponce Financial Group)

21.23

23.00

24.08

22.65

22.84

Common equity Tier 1 capital to risk-weighted assets (Ponce Financial Group)

12.11

12.98

13.39

12.49

12.51

Tier 1 capital to total assets (Ponce Financial Group)

17.22

17.27

17.33

17.13

16.84

Total capital to risk-weighted assets (Bank only)

20.00

21.63

21.79

21.22

21.38

Common equity Tier 1 capital to risk-weighted assets (Bank only)

18.97

20.53

20.66

20.15

20.35

Tier 1 capital to total assets (Bank only)

16.09

16.12

16.08

15.99

15.61

Asset Quality Ratios:

Allowance for credit losses on loans as a percentage of total loans

0.96

0.97

0.98

0.97

0.96

Allowance for credit losses on loans as a percentage of nonperforming loans

128.93

94.74

88.88

101.01

84.15

Net (charge-offs) recoveries to average outstanding loans (1)

(0.08

(0.13

(0.03

(0.04

Non-performing loans as a percentage of total assets

0.62

0.83

0.88

0.76

0.88

Other:

Number of offices

Number of full-time equivalent employees

218

216

209

206

211

(1)

Annualized.

(2)

Net interest margin represents net interest income divided by average total interest-earning assets.

(3)

Efficiency ratio represents noninterest expense divided by the sum of net interest income and noninterest income.

Summary of Results of Operations

Net income for the three months ended March 31, 2026 was $8.6 million compared to net income of $10.1 million for the three months ended December 31, 2025 and net income of $6.0 million for the three months ended March 31, 2025.

The $1.5 million decrease of net income for the three months ended March 31, 2026 compared to the three months ended December 31, 2025 was attributed mainly to a decrease of $1.4 million in non-interest income and increases of $0.6 million non-interest expense and $0.6 million in provision for credit losses, offset by an increase of $0.3 million in net interest income and a decrease of $0.8 million in provision for income taxes.

The $2.7 million increase of net income for the three months ended March 31, 2026 compared to the three months ended March 31, 2025 was largely due to an increase of $6.0 million in net interest income, offset by increases of $1.9 million in provision for credit losses, $0.7 million in provision for income taxes and $0.4 million in non-interest expense and a decrease of $0.3 million in non-interest income.

Net Interest Income and Net Interest Margin

Net interest income for the three months ended March 31, 2026, increased $0.3 million, or 1.05%, to $28.2 million compared to $27.9 million for the three months ended December 31, 2025 and increased $6.0 million, or 27.13%, compared to $22.2 million for the three months ended March 31, 2025.

The $0.3 million increase in net interest income from the three months ended December 31, 2025 was attributable to decreases of $0.5 million in total interest expense and $0.2 million in total interest and dividend income. The $6.0 million increase in net interest income from the three months ended March 31, 2025 was attributable to an increase of $4.7 million in total interest and dividend income and a decrease of $1.4 million in total interest expense.

Net interest margin was 3.61% for the three months ended March 31, 2026 compared to 3.57% for the prior quarter, an increase of 4bps and 2.98% for the same period last year, an increase of 63bps.

Non-interest Income

Non-interest income for the three months ended March 31, 2026, was $2.0 million, a decrease of $1.4 million, or 41.30%, compared to $3.5 million for the three months ended December 31, 2025, a decrease of $0.3 million, or 14.24%, compared to the three months ended March 31, 2025.

The $1.4 million decrease in non-interest income from the three months ended December 31, 2025 was largely attributable to a decrease of $0.5 million in other non-interest income, grant income of $0.4 million which had been recognized in the prior quarter and a decrease of $0.4 million in late and prepayment charges.

The $0.3 million decrease in non-interest income from the three months ended March 31, 2025 was largely attributable to a decrease of $0.4 million in income on sale of SBA loans.

Non-interest Expense

Non-interest expense for the three months ended March 31, 2026 was $17.2 million, an increase of $0.6 million, or 3.64%, compared to $16.6 million for the three months ended December 31, 2025 and an increase of $0.4 million, or 2.08%, compared to $16.9 million for the three months ended March 31, 2025.

The $0.6 million increase in non-interest expense from the three months ended December 31, 2025 was mainly attributable to increases of $0.6 million in compensation and benefits, $0.3 million in federal deposit insurance and regulatory assessment and $0.1 million in marketing and promotional expenses, partially offset by a decrease of $0.4 million in occupancy and equipment.

The $0.4 million increase in non-interest expense from the three months ended March 31, 2025 was mainly attributable to increases of $0.8 million in compensation and benefit and $0.1 million in marketing and promotional expenses, partially offset by decreases of $0.3 million in direct loan expenses, $0.2 million in occupancy and equipment and $0.2 million in other operating expenses.

Credit Quality:

Total non-performing assets and accruing modifications to borrowers experiencing financial difficulty were $23.6 million at March 31, 2026 compared to $30.2 million at December 31, 2025 and $32.0 million at March 31, 2025.

During the three months ended March 31, 2026, a credit loss provision of $1.7 million on loans was recorded, consisting of $1.3 million charged on the funded portion and $0.4 million charged on the unfunded portion on loans. During the three months ended December 31, 2025, a credit loss provision of $1.1 million on loans was recorded, consisting of $1.5 million charged on the funded portion and $0.4 million benefit on the unfunded portion on loans. During the three months ended March 31, 2025, a credit loss benefit of $0.3 million on loans was recorded, consisting of $0.7 million charged on the funded portion on loans and a benefit of $1.0 million on the unfunded portion on loans.

Balance Sheet Summary

Total assets increased $76.8 million, or 2.38%, to $3.30 billion as of March 31, 2026 from $3.22 billion as of December 31, 2025. The increase in total assets is largely attributable to increases of $99.4 million in net loans receivable, $2.0 million in other assets, $1.4 million in accrued interest receivable and $0.2 million in deferred tax assets, partially offset by decreases of $9.5 million in held-to-maturity securities, $8.9 million in cash and cash equivalents, $5.0 million in available-for-sale securities, $1.3 million in mortgage loans held for sale, $1.1 million in Federal Home Loan Bank of New York stock and $0.5 million in premises and equipment, net.

Total liabilities increased $67.0 million, or 2.50%, to $2.75 billion as of March 31, 2026 from $2.68 billion as of December 31, 2025. The increase in total liabilities was largely attributable to increases of $87.2 million in deposits, $4.2 million in other liabilities and $0.6 million in accrued interest payable, partially offset by a decrease of $25.0 million in borrowings.

Total stockholders’ equity increased $9.8 million, or 1.81%, to $551.4 million as of March 31, 2026, from $541.5 million as of December 31, 2025. The $9.8 million increase in stockholders’ equity was largely attributable to $8.6 million in net income, $0.6 million impact to additional paid in capital as a result of share-based compensation, $0.6 million from release of ESOP shares and $0.2 million from exercise of stock options and $0.1 million in other comprehensive income, offset by $0.3 million related to the dividend paid on preferred shares during the quarter ended March 31, 2026.

About Ponce Financial Group, Inc.

Ponce Financial Group, Inc. is the holding company for Ponce Bank, N.A. Ponce Bank, N.A. is a Minority Depository Institution, a Community Development Financial Institution, and a certified Small Business Administration lender. Ponce Bank, N.A.’s business primarily consists of taking deposits from the general public and to a lesser extent alternative funding sources and investing those funds, 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, construction and land, and, to a lesser extent, in business and consumer loans. Ponce Bank. N.A. 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, Federal Home Loan Bank stock and Federal Reserve Bank stock.

Forward Looking Statements

Certain 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 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 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 Ponce Bank, N.A. operates, including changes that adversely affect borrowers’ ability to service and repay Ponce Bank, N.A.’s loans; changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs, and their related impacts on the economy; changes in the global economy, including negative changes that may arise from armed conflict and geopolitical instability; changes in the value of securities in the 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 financial statements will become impaired; demand for loans in Ponce Bank, N.A.’s market area; Ponce Bank, N.A.’s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that Ponce Financial Group, Inc. 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 Ponce Financial Group, Inc.’s 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. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Ponce Financial Group, Inc. 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.

Ponce Financial Group, Inc. and Subsidiaries

Consolidated Statements of Financial Condition

(Dollars in thousands, except for share data)

As of

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

ASSETS

Cash and due from banks:

Cash

27,429

28,511

29,296

35,767

32,113

Interest-bearing deposits

89,817

97,643

117,283

90,872

97,780

Total cash and cash equivalents

117,246

126,154

146,579

126,639

129,893

Available-for-sale securities, at fair value

87,150

92,196

94,822

96,562

103,570

Held-to-maturity securities, at amortized cost

263,514

272,982

285,125

336,879

358,024

Placement with banks

249

Mortgage loans held for sale, at fair value

2,127

3,388

5,794

5,703

8,567

Loans receivable, net

2,698,649

2,599,258

2,490,046

2,458,712

2,370,931

Accrued interest receivable

19,274

17,905

18,903

19,126

19,008

Premises and equipment, net

15,159

15,638

16,129

16,067

16,417

Right of use assets

27,633

27,583

28,295

28,806

29,496

Federal Home Loan Bank of New York stock (FHLBNY), at cost

28,180

29,309

25,945

26,620

25,807

Federal Reserve Bank of New York stock (FRBNY), at cost

10,706

10,698

—

Deferred tax assets

11,729

11,501

12,402

12,143

11,629

Other assets

19,141

17,109

32,790

26,363

16,245

Total assets

3,300,757

3,223,970

3,157,079

3,153,869

3,089,836

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities:

Deposits

2,133,795

2,046,635

2,063,081

2,053,151

2,017,848

Borrowings

571,100

596,100

521,100

536,100

521,100

Operating lease liabilities

29,429

29,353

30,028

30,501

31,126

Accrued interest payable

4,338

3,788

4,372

4,161

4,628

Other liabilities

10,732

6,545

8,663

8,868

1,248

Total liabilities

2,749,394

2,682,421

2,627,244

2,632,781

2,575,950

Commitments and contingencies

Stockholders' Equity:

Preferred stock, $0.01 par value; 100,000,000 shares authorized

225,000

Common stock, $0.01 par value; 200,000,000 shares authorized

249

Treasury stock, at cost

(5,738

)

(6,164

)

(7,270

)

(7,404

)

(7,641

)

Additional paid-in-capital

209,219

208,604

208,909

208,275

207,888

Retained earnings

143,674

135,332

125,477

119,250

113,432

Accumulated other comprehensive loss

(10,680

)

(10,820

)

(11,586

)

(13,047

)

(13,515

)

Unearned compensation ─ ESOP

(10,361

)

(10,652

)

(10,944

)

(11,235

)

(11,527

)

Total stockholders' equity

551,363

541,549

529,835

521,088

513,886

Total liabilities and stockholders' equity

3,300,757

3,223,970

3,157,079

3,153,869

3,089,836

Ponce Financial Group, Inc. and Subsidiaries

Consolidated Statements of Operations

(Dollars in thousands, except per share data)

Three Months Ended

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

Interest and dividend income:

Interest on loans receivable

43,982

43,599

41,486

40,291

37,136

Interest on deposits due from banks

770

1,209

978

807

1,668

Interest and dividend on securities and FHLBNY stock

3,910

4,013

4,383

4,762

5,193

Total interest and dividend income

48,662

48,821

46,847

45,860

43,997

Interest expense:

Interest on certificates of deposit

6,415

6,706

6,553

7,382

7,754

Interest on other deposits

8,630

9,106

9,996

9,058

8,554

Interest on borrowings

5,391

5,075

5,050

4,994

5,486

Total interest expense

20,436

20,887

21,599

21,434

21,794

Net interest income

28,226

27,934

25,248

24,426

22,203

Provision (benefit) for credit losses

1,656

1,078

1,364

1,626

(285

)

Net interest income after provision (benefit) for credit losses

26,570

26,856

23,884

22,800

22,488

Non-interest income:

Service charges and fees

539

542

539

511

525

Brokerage commissions

—

Late and prepayment charges

726

1,173

385

530

697

Income on sale of mortgage loans

120

139

166

169

148

Income on sale of SBA loans

—

404

Grant income

—

428

429

428

—

Other

657

1,174

(35

)

422

603

Total non-interest income

2,042

3,479

1,492

2,060

2,381

Non-interest expense:

Compensation and benefits

8,663

8,113

7,868

7,627

7,780

Occupancy and equipment

3,672

4,033

3,934

3,907

3,913

Data processing expenses

1,219

1,223

1,296

1,188

1,152

Direct loan expenses

121

116

155

241

388

Insurance and surety bond premiums

333

324

318

297

315

Office supplies, telephone and postage

193

186

170

174

170

Professional fees

1,346

1,392

1,409

1,367

1,364

Marketing and promotional expenses

228

184

266

Federal deposit insurance and regulatory assessment

409

266

546

461

Other operating expenses

1,056

1,018

1,256

1,262

Total non-interest expense

17,240

16,634

16,618

16,869

16,888

Income before income taxes

11,372

13,701

8,758

7,991

7,981

Provision for income taxes

2,749

3,565

2,250

1,891

2,022

Net income

8,623

10,136

6,508

6,100

5,959

Dividends on preferred shares

281

282

281

Net income available to common stockholders

8,342

9,855

6,227

5,818

5,678

Earnings per common share:

Basic

0.36

0.43

0.27

0.26

0.25

Diluted

0.36

0.42

0.27

0.25

Weighted average common shares outstanding:

Basic

22,988,317

22,837,044

22,766,195

22,716,615

22,662,916

Diluted

23,331,314

23,263,708

23,135,448

22,947,769

22,876,740

Ponce Financial Group, Inc. and Subsidiaries

Consolidated Statements of Operations

(Dollars in thousands, except per share data)

For the Three Months Ended March 31,

2026

2025

Variance $

Variance %

Interest and dividend income:

Interest on loans receivable

43,982

37,136

6,846

18.43

Interest on deposits due from banks

770

1,668

(898

)

(53.84

Interest and dividend on securities and FHLBNY stock

3,910

5,193

(1,283

)

(24.71

Total interest and dividend income

48,662

43,997

4,665

10.60

Interest expense:

Interest on certificates of deposit

6,415

7,754

(1,339

)

(17.27

Interest on other deposits

8,630

8,554

0.89

Interest on borrowings

5,391

5,486

(95

)

(1.73

Total interest expense

20,436

21,794

(1,358

)

(6.23

Net interest income

28,226

22,203

6,023

27.13

Provision (benefit) for credit losses

1,656

(285

)

1,941

(681.05

Net interest income after provision (benefit) for credit losses

26,570

22,488

4,082

18.15

Non-interest income:

Service charges and fees

539

525

2.67

Brokerage commissions

—

)

(100.00

Late and prepayment charges

726

697

4.16

Income on sale of mortgage loans

120

148

(28

)

(18.92

Income on sale of SBA loans

—

404

(404

)

(100.00

Other

657

603

8.96

Total non-interest income

2,042

2,381

(339

)

(14.24

Non-interest expense:

Compensation and benefits

8,663

7,780

883

11.35

Occupancy and equipment

3,672

3,913

(241

)

(6.16

Data processing expenses

1,219

1,152

5.82

Direct loan expenses

121

388

(267

)

(68.81

Insurance and surety bond premiums

333

315

5.71

Office supplies, telephone and postage

193

170

13.53

Professional fees

1,346

1,364

(18

)

(1.32

Marketing and promotional expenses

228

145

174.70

Federal deposit insurance and regulatory assessments

409

461

(52

)

(11.28

Other operating expenses

1,056

1,262

(206

)

(16.32

Total non-interest expense

17,240

16,888

352

2.08

Income before income taxes

11,372

7,981

3,391

42.49

Provision for income taxes

2,749

2,022

727

35.95

Net income

8,623

5,959

2,664

44.71

Dividends on preferred shares

281

—

0.00

Net income available to common stockholders

8,342

5,678

2,664

46.92

Earnings per common share:

Basic

0.36

0.25

0.11

44.00

Diluted

0.36

0.25

0.11

44.00

Weighted average common shares outstanding:

Basic

22,988,317

22,662,916

325,401

1.44

Diluted

23,331,314

22,876,740

454,574

1.99

Ponce Financial Group, Inc. and Subsidiaries

Loans Receivable excluding Mortgage Loans Held for Sale

As of

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

Amount

Percent

Amount

Percent

Amount

Percent

Amount

Percent

Amount

Percent

(Dollars in thousands)

Mortgage loans:

1-4 family residential

431,377

15.82

434,374

16.54

444,602

17.67

452,350

18.21

463,542

19.37

Multifamily residential

915,333

33.58

756,542

28.83

688,574

27.39

693,670

27.96

675,541

28.24

Nonresidential properties

534,256

19.60

526,210

20.05

436,175

17.35

404,512

16.30

390,681

16.33

Construction and land

763,990

28.03

854,096

32.54

886,369

35.25

883,462

35.59

815,425

34.08

Total mortgage loans

2,644,956

97.03

2,571,222

97.96

2,455,720

97.66

2,433,994

98.06

2,345,189

98.02

Non-mortgage loans:

Business loans

80,366

2.95

53,063

2.02

58,012

2.31

47,372

1.91

46,329

1.94

Consumer loans

596

0.02

625

0.02

727

0.03

840

0.03

997

0.04

Total non-mortgage loans

80,962

2.97

53,688

2.04

58,739

2.34

48,212

1.94

47,326

1.98

Total loans, gross

2,725,918

100.00

2,624,910

100.00

2,514,459

100.00

2,482,206

100.00

2,392,515

100.00

Net deferred loan origination costs

(1,031

)

(203

)

351

606

1,390

Allowance for credit losses on loans

(26,238

)

(25,449

)

(24,764

)

(24,100

)

(22,974

)

Loans, net

2,698,649

2,599,258

2,490,046

2,458,712

2,370,931

Ponce Financial Group, Inc. and Subsidiaries

Allowance for Credit Losses on Loans

For the Three Months Ended

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

(Dollars in thousands)

Allowance for credit losses on loans at beginning of the period

25,449

24,764

24,100

22,974

22,502

Provision for credit losses on loans

1,293

1,526

864

1,348

731

Charge-offs:

Mortgage loans:

1-4 family residential

—

(32

)

—

(38

)

Non-mortgage loans:

Business

(504

)

(801

)

(200

)

(222

)

(222

)

Consumer

—

(44

)

—

)

Total charge-offs

(504

)

(877

)

(200

)

(222

)

(263

)

Recoveries:

Mortgage loans:

1-4 family residential

—

Non-mortgage loans:

Business

—

Consumer

—

Total recoveries

—

Net (charge-offs) recoveries

(504

)

(841

)

(200

)

(222

)

(259

)

Allowance for credit losses on loans at end of the period

26,238

25,449

24,764

24,100

22,974

Ponce Financial Group, Inc. and Subsidiaries

Deposits

As of

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

Amount

Percent

Amount

Percent

Amount

Percent

Amount

Percent

Amount

Percent

(Dollars in thousands)

Demand

241,012

11.29

208,250

10.18

192,595

9.34

197,671

9.63

212,139

10.51

Interest-bearing deposits:

NOW/IOLA accounts

78,192

3.66

84,012

4.10

75,051

3.64

63,626

3.10

74,430

3.69

Money market accounts

811,982

38.05

779,532

38.09

821,844

39.84

790,939

38.52

692,753

34.33

Reciprocal deposits

162,926

7.64

152,630

7.46

154,548

7.49

136,693

6.66

141,838

7.03

Savings accounts (1)

118,373

5.55

117,708

5.75

117,401

5.69

113,701

5.53

119,023

5.90

Total NOW, money market, reciprocal and savings accounts

1,171,473

54.90

1,133,882

55.40

1,168,844

56.66

1,104,959

53.81

1,028,044

50.95

Certificates of deposit of $250K or more

258,093

12.10

202,500

9.89

209,819

10.17

220,671

10.75

219,721

10.89

Brokered certificates of deposit (2)

54,553

2.56

67,942

3.32

67,952

3.29

69,531

3.39

84,531

4.19

Listing service deposits (2)

1,243

0.06

4,150

0.20

4,150

0.20

6,140

0.30

6,140

0.30

All other certificates of deposit less than $250K

407,421

19.09

429,911

21.01

419,721

20.34

454,179

22.12

467,273

23.16

Total certificates of deposit

721,310

33.81

704,503

34.42

701,642

34.00

750,521

36.56

777,665

38.54

Total interest-bearing deposits

1,892,783

88.71

1,838,385

89.82

1,870,486

90.66

1,855,480

90.37

1,805,709

89.49

Total deposits

2,133,795

100.00

2,046,635

100.00

2,063,081

100.00

2,053,151

100.00

2,017,848

100.00

(1)

As of June 30, 2025 and March 31, 2025, Advance payments by borrowers for taxes and insurance in the amounts of $10.9 million and $12.9 million, respectively, were reclassified to Deposits.

(2)

There were no individual listing service deposits or brokered certificates of deposit amounting to $250,000 or more.

Ponce Financial Group, Inc. and Subsidiaries

Nonperforming Assets

As of

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

(Dollars in thousands)

Non-accrual loans:

Mortgage loans:

1-4 family residential

3,158

4,427

3,176

1,859

2,475

Multifamily residential

9,228

13,112

14,202

11,703

9,788

Nonresidential properties

—

405

—

Construction and land

7,061

8,247

8,907

14,159

Non-mortgage loans:

Business

427

667

880

276

170

Consumer

—

Total non-accrual loans (not including non-accruing modifications to borrowers experiencing financial difficulty) (1)

19,874

26,453

27,165

23,150

26,592

Non-accruing modifications to borrowers experiencing financial difficulty (1):

Mortgage loans:

1-4 family residential

477

410

698

708

710

Total non-accruing modifications to borrowers experiencing financial difficulty (1)

477

410

698

708

710

Total non-performing assets (2)

20,351

26,863

27,863

23,858

27,302

Accruing modifications to borrowers experiencing financial difficulty (1):

Mortgage loans:

1-4 family residential

2,481

2,574

3,725

3,791

3,830

Multifamily residential

—

Nonresidential properties

613

621

629

655

644

Construction and land

—

Non-mortgage loans:

Business

185

190

196

203

209

Consumer

—

Total accruing modifications to borrowers experiencing financial difficulty (1)

3,279

3,385

4,550

4,649

4,683

Total non-performing assets and accruing modifications to borrowers experiencing financial difficulty (1)

23,630

30,248

32,413

28,507

31,985

Total non-performing assets to total assets

0.62

0.83

0.88

0.76

0.87

(1) Balances include both modifications to borrowers experiencing financial difficulty, in accordance with ASU 2022-02 adopted on January 1, 2023, and previously existing troubled debt restructurings.

(2) Includes nonperforming mortgage loans held for sale.

Ponce Financial Group, Inc. and Subsidiaries

Average Balance Sheets

For the Three Months Ended March 31,

2026

2025

Average

Outstanding

Average

Outstanding

Average

Balance

Interest

Yield/Rate (1)

Balance

Interest

Yield/Rate (1)

(Dollars in thousands)

Interest-earning assets:

Loans (2)

2,680,018

43,982

6.66

2,369,433

37,136

6.36

Securities (3)

360,452

3,248

3.65

467,560

4,521

3.92

Other (4)

129,585

1,432

4.48

186,021

2,340

5.10

Total interest-earning assets

3,170,055

48,662

6.23

3,023,014

43,997

5.90

Non-interest-earning assets

93,219

109,166

Total assets

3,263,274

3,132,180

Interest-bearing liabilities:

NOW/IOLA

77,833

134

0.70

72,354

115

0.64

Money market

949,007

8,468

3.62

827,948

8,411

4.12

Savings (5)

120,205

0.09

117,616

0.10

Certificates of deposit

718,301

6,415

3.62

794,270

7,754

3.96

Total deposits

1,865,346

15,045

3.27

1,812,188

16,308

3.65

Borrowings

584,100

5,391

3.74

568,601

5,486

3.91

Total interest-bearing liabilities

2,449,446

20,436

3.38

2,380,789

21,794

3.71

Non-interest-bearing liabilities:

Non-interest-bearing demand

221,056

—

196,627

—

Other non-interest-bearing liabilities

44,038

—

43,915

—

Total non-interest-bearing liabilities

265,094

—

240,542

—

Total liabilities

2,714,540

20,436

2,621,331

21,794

Total equity

548,735

510,849

Total liabilities and total equity

3,263,275

3.38

3,132,180

3.71

Net interest income

28,226

22,203

Net interest rate spread (6)

2.85

2.19

Net interest-earning assets (7)

720,609

642,225

Net interest margin (8)

3.61

2.98

Average interest-earning assets to

interest-bearing liabilities

129.42

126.98

(1)

Annualized where appropriate.

(2)

Loans include loans and mortgage loans held for sale, at fair value.

(3)

Securities include available-for-sale securities and held-to-maturity securities.

(4)

Includes FHLBNY demand account, FHLBNY stock dividends and FRBNY demand deposits.

(5)

For the three months ended March 31, 2025, advance payments by borrowers for taxes and insurance in the amounts of $12.4 million, were reclassified to savings.

(6)

Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate of interest-bearing liabilities.

(7)

Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities.

(8)

Net interest margin represents net interest income divided by average total interest-earning assets.

Ponce Financial Group, Inc. and Subsidiaries

Other Data

As of

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

Other Data

Common shares issued

24,886,711

Less treasury shares

698,810

750,785

885,586

901,911

920,520

Common shares outstanding at end of period

24,187,901

24,135,926

24,001,125

23,984,800

23,966,191

Book value per common share

13.49

13.12

12.70

12.34

12.05

Tangible book value per common share (1)

13.49

13.12

12.70

12.34

12.05

(1)

Tangible book value per common share is a non-GAAP financial measure and is calculated by dividing tangible common equity by common shares outstanding. Tangible common equity is defined as total shareholders’ equity less goodwill and other intangible assets, net of applicable deferred taxes. The Company believes that tangible book value per common share is a useful measure for investors, regulators, and analysts because it reflects the Company’s capital position excluding the impact of goodwill and other intangible assets, which may not be realizable in a liquidation scenario. This measure is commonly used in the banking industry to assess financial condition and capital adequacy. Tangible book value per common share should not be considered a substitute for book value per common share, which is calculated in accordance with GAAP, and the Company’s definition of tangible book value per common share may differ from similarly titled measures used by other companies. During the periods presented, the Company did not make any adjustments for goodwill and other intangible assets, so tangible book value per common share is equal to the book value per common share as calculated in accordance with GAAP.

EX-99.2

Filename: pdlb-ex99_2.htm · Sequence: 3

President & Chief Executive Officer Carlos P. Naudon Executive Vice President & Chief Financial Officer Sergio J. Vaccaro Exhibit 99.2 Presentation of

Cautionary Statements Certain 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 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 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 Ponce Bank, N.A. operates, including changes that adversely affect borrowers’ ability to service and repay Ponce Bank, N.A.’s loans; changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs, and their related impacts on the economy; changes in the global economy, including negative changes that may arise from armed conflict and geopolitical instability; changes in the value of securities in the 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 financial statements will become impaired; demand for loans in Ponce Bank, N.A.’s market area; Ponce Bank, N.A.’s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that Ponce Financial Group, Inc. 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 Ponce Financial Group, Inc.’s 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. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Ponce Financial Group, Inc. 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. Forward Looking Statements The market and industry data used throughout this presentation is based, in part, on third-party sources, as indicated. Although management believes these third-party sources are reliable, they have not independently verified the information and cannot guarantee its accuracy and completeness. Market and Industry Data Copyright © 2026. All Right Reserved

Corporate Headquarters and Office Location Branch Locations On October 10, 2025, the Company wholly-owned subsidiary, Ponce Bank (formerly a federally chartered stock savings association), has completed its previously announced conversion to a national bank and commenced operations as Ponce Bank, National Association (the “Bank”). In connection with the conversion of the Bank, the Company also commenced operations as a bank holding company as of the same date. Further, the Company also became a financial holding company, which is an additional election that allows the Company to engage in activities that are financial in nature or incidental to a financial activity. Aim to provide long-term value to stakeholders by executing a safe and sound business strategy that produces increasing value. Number of full-time equivalent employees as of March 31, 2026, was 218 equating to $15.1 million in assets per employee. The Company provides a full range of financial services in a community-focused manner. Ticker NASDAQ: PDLB Established 1960 Headquarters Bronx, NY Branches 13 full-service branches, 3 loan production / representative offices and 1 ATM center Total Assets $3.30 billion (as of 3/31/26) Total Loans $2.70 billion (as of 3/31/26) Total Deposits $2.13 billion (as of 3/31/26) Earnings Per Share (Basic) $0.36 (for three months ended 3/31/26) Market Cap TBV Per Common Share* $404 million (as of 3/31/26) $13.49 (as of 3/31/26) Copyright © 2026. All Right Reserved (*) TBV Per Common Share is a Non-GAAP financial measure. Non-GAAP financial measures are not a substitute for GAAP financial measures. See the appendix of this presentation for a reconciliation to the most directly comparable GAAP financial measure.

Franchise Evolution 2015 - 2022 Carlos P. Naudon named President in 2015; CEO in 2018 Certified SBA lender Continued to remain focused on residential and commercial real estate Optimized real estate footprint by improving loan efficiency Certification as an MDI & CDFI Grew assets from $700 million to $3.3 billion Path to Conversion 2022 - Present Converted from Mutual Holding Company on January 27, 2022 PFG became a Bank Holding Company and a Financial Holding Company and Ponce Bank became a National Bank Established a robust capital base to continue executing on strategic initiatives Continued focusing on residential and commercial lending with an emphasis on technological integration Received low-cost funding Preferred Stock in the amount of $225 million from the ECIP Public Ownership 1960 - 2015 Established 65-year-old institution focused on residential and nonresidential lending Headquartered in the Bronx, NY with branch presence in the Bronx, Brooklyn, Queens, New Jersey, and Manhattan Grew assets from de novo to $700 million Mutual Bank Copyright © 2026. All Right Reserved

PFG Executive Management Executive Chairmanof the Board Steven A. Tsavaris Executive Vice President and Chief Lending Officer Ioannis Kouzilos Madeline V. Marquez President and Chief Executive Officer Carlos P. Naudon Executive Vice President and Chief Financial Officer Sergio J. Vaccaro Executive Vice President and Chief Operating Officer Luis G. Gonzalez Jr. Copyright © 2026. All Right Reserved 50+ years of experience Former President and CEO of Ponce De Leon Federal Savings Bank Former Chairman and CEO of PDLB Community Bancorp 15+ years of experience Former VP of Credit Administration Experienced at various financial institutions 50+ years of experience Retired Attorney and CPA Former Acting CEO and Director of Open Solutions, Inc., a fintech public company 25+ years of experience Former CFO of Private Bank Americas at HSBC Former US Head of FP&A at HSBC Former CFO of Home Loans at Morgan Stanley 17+ years of experience Former Bank Examiner Former Acting Assistant Deputy Comptroller, OCC Executive Vice President and Chief External Affairs Officer Executive Vice President and Chief Human Resources Officer Melissa DeLeon 15+ years of experience Former SVP of Human Resources Driver of people strategy Led culture transformation Retail banking operations expertise Executive Vice President and Chief Banking Officer Betty Campiz 15+ years of experience Former SVP of Digital Banking Led Ponce’s digital transformation (Salesforce, nCino) Extensive retail banking and CX expertise 25+ years of experience Former SVP of SBA & CDFI Initiatives Former Vice President at Business Initiative Corporation of New York Former Managing Director at Brooklyn Economic Development Corp.

Highlights – three months ended March 31, 2026 and 2025 Strong loan growth. Net loans receivable were $2.70 billion as of March 31, 2026, an increase of $327.7 million, or 13.8%, from March 31, 2025. Higher NIM and stable expenses YoY. Net interest margin at 3.61% for three months ended March 31, 2026, an increase of 63bps from prior period. The non-interest expenses were $17.2 million for three months ended March 31, 2026, a slight increase of $0.4 million from March 31, 2025. Strong deposit growth. Deposits were $2.13 billion as of March 31, 2026, an increase of $115.9 million, or 5.7%, from March 31, 2025. Increasing profitability. Net income available to common stockholders of $8.3 million, or $0.36 per diluted share for three months ended March 31, 2026. Copyright © 2026. All Right Reserved Twelve Month Highlight Overview YTD 2026 YTD 2025 Change % Net interest income $28.2M $22.2M 27.1% Net income available to common stockholders $8.3M $5.7M 46.9% Deposits $2.13B $2.02B 5.7% Net loans receivable $2.70B $2.37B 13.8% Earnings per diluted share $0.36 $0.25 44.0%

Our Vision Growing alongside fastest growing, best clients Reaching Capital Deployment Capabilities Qualify for ECIP disposition Grow core deposits, with an emphasis on cross-selling commercial customers, growing Ponce Direct, mission driven and specialty deposits Grow our loan portfolio Increase our utilization of technology Increase profitability and continue to manage expenses Robust capital position, inclusive of $225 million in ECIP funds provided by the U.S. Treasury Focused on growing loan book: Expanding CRE & Non-Residential Loans Stay with successful clients as they grow Low-Cost, Excess Capital - Ready to Deploy The Bank is designated as both a Community Development Financial Institution (CDFI) and a Minority Deposit Institution (MDI) MDI and CDFI Status; Mission Driven Business Model Aligns with ESG Completed the second-step in January 2022 Ability to return capital to shareholders – priorities De-Mutualization Opportunity The Company is well-positioned with a weighted average loan-to-value ratio of 53.7% as of March 31, 2026 Total CRE Loans comprise 399.0% of Risk Based Capital Financial Strength Strategies and Focus Growth Drivers Accelerating Loan Growth Through Deployment of Excess Capital CRE and Residential Markets – Single Family & Multi-family markets Net Interest Income Growth Upgrading electronic infrastructure Expanding digital banking services Creating greater resiliency, capacity, and redundancies Modernization Program Across Company Infrastructure Restructure/Refocus the retail business model Upgrade sales force Attract, develop and retain an engaged workforce Ensure risk management and controls are aligned with strategic priorities Manage credit risk to maintain a low level of nonperforming assets. Copyright © 2026. All Right Reserved 61% 100%

ECIP Disposition – Executed Agreement On December 20, 2024, PFG entered into an ECIP securities purchase option agreement with the US Department of the Treasury, allowing repurchase at a future date, subject to compliance with certain qualifications Determination of sale price: based on the dividend discount model While there can be no assurance as to the final repurchase price, the price could be as low as 6.79% under the current guidelines, (assuming a dividend rate of 0.50%, RFR of 4.88% (20 Yr Treasury as of 3/31/26), Beta of 0.50 and ERP of 5.00% and satisfaction of the deep impact condition) Impact of ~8.67 $ per share, under the above assumptions, $225 million ECIP, 24.2 million common shares outstanding The repurchase date could occur as soon as 3Q 2026, assuming satisfaction of the necessary conditions Status on progress: Have achieved 15 consecutive quarters with an 82% rate of deep impact lending (vs 60% requirement for 16 consecutive quarters to qualify for repurchase); strong level of originations from April 1st, 2025 to March 31st, 2026 ensure that our dividend yield will continue at the 0.50% level in the next dividend period starting in 2026. Copyright © 2026. All Right Reserved

Community Development Financial Institution The CDFI Program offers both Financial Assistance and Technical Assistance awards to CDFIs. These competitive awards support and enhance the ability of the Company to meet the needs of the communities they serve. Financial Assistance awards are made in the form of loans, grants, equity investments, and deposits, which CDFIs are required to match dollar-for-dollar with non-federal funds. This requirement enables the Company to multiply the impact of federal investment to meet the demand for affordable financial products in economically distressed communities. Technical Assistance grants are offered to CDFIs and Certifiable CDFIs to build their organizational capacity. Out of the 20 top CDFI Banks (in Total Assets): in housing focus in DLI-HMDA (% of housing lending in LMI communities) in total loans in total assets As a CDFI, the Company has received over $5 million in federal grants As of June 30, 2025, there were approximately 1,400 CDFI’s operating nationwide, but fewer than 200 are banks, and the Bank ranks amongst the largest The CDFI designation qualifies the Company for grants and capital opportunities such as the Emergency Capital Investment Program (ECIP), which the Company benefitted from in the form of a $225 million investment from the U.S. Treasury for Senior Non-Cumulative Perpetual Preferred Stock; only CDFIs and MDIs were able to participate in this program – it comes at no cost (to capital) for the first two years and includes rate reduction incentives after that with a cap of 2.00% Ponce Bank has won awards and mandates for community development and ranks as one of the largest and most housing focused CDFIs in the country. Rankings as of 2Q 2025 5th 6th Copyright © 2026. All Right Reserved

Minority Depository Institution One of 32 banks in the country designated as both an MDI and a CDFI. As of September 30, 2025, the FDIC recognized 156 MDIs across the United States and its territories, with collective assets of approximately $385 billion. As an MDI the Bank can provide financial services to and for underserved communities as designated by the federal government including African, Asian, Hispanic, and Native Americans. MDI designation allows the Bank to provide many benefits to low-to-moderate income communities, including access to credit, values-driven banking, international languages and locations, financial education, and community-specific services. Out of all the MDI Banks in Assets, the Bank ranks: Rankings as of 3Q 2025 The Bank is designated an MDI, classified under the Federal Deposit Insurance Corporation (FDIC). The FDIC defines an MDI as a federally insured depository institution for which (1) 51% or more of the voting stock is owned by minority individuals; or (2) majority of the board of directors is a minority and the community that the institution serves is predominantly minority. in total assets New York in total assets out of 156 MDIs 3rd 22nd Copyright © 2026. All Right Reserved

Appendix

Appx. 1 Portfolio Composition 15.8% 28.0% 19.6% 33.6% 1-4 Family Residential Construction and Land Multifamily Residential Nonresidential Property $ 2,286,599 $ 2,599,258 $ 2,698,649 $ 1,525,668 $ 1,895,886 Loan Portfolio Growth (in thousands) Net Loans Receivable Loans Portfolio As of March 31, 2026 Other Copyright © 2026. All Right Reserved

Total Securities - as of March 31, 2026 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-Sale Securities: Corporate Bonds $13,500 - $(558) $12,942 Mortgage-Backed Securities: Collateralized Mortgage Obligations¹ 30,077 - (4,494) 25,583 FHLMC Certificates 7,660 - (790) 6,870 FNMA Certificates 49,414 - (7,735) 41,679 GNMA Certificates 75 1 - 76 Total available-for-sale securities $100,726 $1 $(13,577) $87,150 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Held-to-Maturity Securities: Corporate Bonds $7,500 $25 $(192) $7,333 Mortgage-Backed Securities: Collateralized Mortgage Obligations¹ 155,069 41 (3,453) 151,657 FHLMC Certificates 3,107 42 (119) 3,030 FNMA Certificates 87,438 0 (2,125) 85,313 SBA Certificates 10,611 63 - 10,674 Allowance for Credit Losses (211) - - - Total available-for-sale securities $263,514 $171 $(5,889) $258,007 (1) Comprised of Federal Home Loan Mortgage Corporation (“FHLMC”), Federal National Mortgage Association (“FNMA”) and Ginnie Mae (“GNMA”) issued securities. (in thousand) (in thousand) Copyright © 2026. All Right Reserved

Actual Amount Ratio For Capital Adequacy Purposes Amount Ratio To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio December 31, 2025 (in thousands) Ponce Financial Group, Inc. Total Capital to Risk-Weighted Assets $ 579,833 23.74% $ 195,430 8.00% $ 244,287 10.00% Tier 1 Capital to Risk-Weighted Assets 552,260 22.61% 146,572 6.00% 195,430 8.00% Common Equity Tier 1 Capital Ratio 327,260 13.40% 109,929 4.50% 158,787 6.50% Tier 1 Capital to Total Assets 552,260 17.28% 127,825 4.00% 159,781 5.00% Ponce Bank Total Capital to Risk-Weighted Assets $ 543,076 21.64% $ 200,727 8.00% $ 250,909 10.00% Tier 1 Capital to Risk-Weighted Assets 515,502 20.55% 150,545 6.00% 200,727 8.00% Common Equity Tier 1 Capital Ratio 515,502 20.55% 112,909 4.50% 163,091 6.50% Tier 1 Capital to Total Assets 515,502 16.12% 127,945 4.00% 159,931 5.00% Actual Amount Ratio For Capital Adequacy Purposes Amount Ratio To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio March 31, 2026 (in thousands) Ponce Financial Group, Inc. Total Capital to Risk-Weighted Assets $ 590,692 21.23% $ 222,591 8.00% $ 278,238 10.00% Tier 1 Capital to Risk-Weighted Assets 561,941 20,20% 166,943 6.00% 222,591 8.00% Common Equity Tier 1 Capital Ratio 336,941 12.11% 125,207 4.50% 180,855 6.50% Tier 1 Capital to Total Assets 561,941 17.22% 130,554 4.00% 163,192 5.00% Ponce Bank Total Capital to Risk-Weighted Assets $ 554,166 20.00% $ 221,631 8.00% $ 277,039 10.00% Tier 1 Capital to Risk-Weighted Assets 525,415 18.97% 166,224 6.00% 221,631 8.00% Common Equity Tier 1 Capital Ratio 525,415 18.97% 124,668 4.50% 180,076 6.50% Tier 1 Capital to Total Assets 525,415 16.09% 130,593 4.00% 163,241 5.00% Regulatory Capital Ratios Copyright © 2026. All Right Reserved

Reconciliation to GAAP March 31, 2026 Common shares issued 24,886,711 Less treasury shares 698,810 Common shares outstanding at end of period 24,187,901 Total Equity $ 551,361,583 Common shares outstanding 24,187,901 Total equity per share - GAAP $ 22.79 Total Equity $ 551,361,583 Less Preferred Stock $ (225,000,000) Tangible book value $ 326,361,583 Tangible book value per common share -Non-GAAP $ 13.49 Copyright © 2026. All Right Reserved Tangible book value per common share is a non-GAAP financial measure and is calculated by dividing tangible common equity by common shares outstanding. Tangible common equity is defined as total shareholders’ equity less goodwill and other intangible assets, net of applicable deferred taxes. The Company believes that tangible book value per share is a useful measure for investors, regulators, and analysts because it reflects the Company’s capital position excluding the impact of goodwill and other intangible assets, which may not be realizable in a liquidation scenario. This measure is commonly used in the banking industry to assess financial condition and capital adequacy. Tangible book value per share should not be considered a substitute for book value per common share, which is calculated in accordance with GAAP, and the Company’s definition of tangible book value per share may differ from similarly titled measures used by other companies. During the periods presented, the Company did not make any adjustments for goodwill and other intangible assets, so tangible book value per common share is equal to the book value per common share as calculated in accordance with GAAP.

Community Sponsorships and Donations Includes Sponsorships and Donations by the Company and the Ponce De Leon Foundation Sponsorships & Scholarships Small Business Bootcamp (PB$BB) Over 173 grants to charitable causes since 2017 $3.6 million was given to Ponce Bank Branch communities focusing on youth services, education, housing, healthcare, social services, senior services, economic development, and the Arts Ponce De Leon Foundation Financial Mastery Workshops American Cancer Society Morris Heights Health Center Urban Youth Alliance Int Castle Hill Little League Southern Boulevard BID Phipps Neighborhood InHisName United YMCA of Greater NY Washington Heights BID Unique People Services Hostos Community College Foundation New Bronx Chamber of Commerce POINT Community Development Corp. Castle Hill BID Business Initiative Corporation Neighborhood SHOPP VIP Community Services Bronx Tourism Council NYS CDFI Coalition Part of the Solution, Inc Bronx Arts Ensemble Inc Bronx Overall Economic Development Corp Unique People Services Opportunities for a Better Tomorrow Union Settlement LSA Covid Relief Citivas LIFT Inc Hope Community AHRC Daniels Music Foundation NYC Hispanic Chamber Upper Manhattan Mental Health Center New Heights Youth Inc Emma’s Torch LTD Comite Noviembre RAICES Spanish Speaking Elderly Council Braata Productions MyTime Inc Brooklyn Hospital Foundation Brooklyn Children’s Museum CommonPoint Queens Immaculate Conception Catholic Academy Hellenic Orthodox Community of Astoria Greater Jamaica Development Corp Queens Economic Development Corporation Andromeda Community Initiative Inc Palisades Emergency Residence Corp Jersey City Theatre Center Inc Queens Women's Chamber of Commerce Union City Music Project First Jamaica Community & Urban Development Corp Forest Hills Chambers of Commerce Greater NY Chamber of Commerce Sharing and Caring Inc Educational Video Center The Possibility Project Chamber Of Commerce of Washington Heights and Inwood in Manhattan & MANY MORE Save Latin America NY Women Chamber of Commerce Women for Afghan Women Copyright © 2026. All Right Reserved Total 259 Sponsorships Over $558,,000 contributed in the communities we serve 22 Scholarships awarded 37 volunteer events, 146 volunteers Series 1 total registered 245, with 179 participants, and 66 graduated Series 2 total registered 63, with 54 participants, and 41 graduated Series 3 total registered 35, with 32 participants, and 26 graduated First Time Homebuyers Program Non-Profit Grassroots Program PB$BB Program Protect Your Legacy Program 74 sessions, 1,487 participants

NASDAQ: PDLB Thank you.

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