Liquidity management is prioritized through strategic asset divestment, evidenced by the $14.7 million sale of investment securities in 2026Q1 to support operational cash flow.
| Cash from Operations | 55.01M | 55.59M | 7.21M | 6.49M | 9.8M | 18.55M | -27.5M | 5.05M | 7.88M | 8.65M | 4.34M | 5.23M |
| Operating CF Growth % | 499.71% | 670.85% | 11.07% | -33.74% | -47.18% | 167.47% | -644.99% | -36.01% | -8.8% | 99.08% | -16.96% | - |
| Net Income | 31.37M | 28.7M | 10.97M | 3.35M | -30M | 25.41M | 3.85M | -5.13M | 2.68M | -4.39M | 1.43M | 2.52M |
| Depreciation & Amortization | 4.79M | 4.82M | 4.74M | 4.53M | 4.27M | 2.47M | 2.52M | 2.22M | 1.8M | 1.63M | 1.81M | 1.96M |
| Deferred Taxes | -863K | -634K | 2.17M | 1.26M | -7.94M | 1.26M | -932K | -2.1M | -184K | -40K | 126K | 1.09M |
| Other Non-Cash Items | 265K | 2.7M | -189K | -1.18M | 42.56M | -17.67M | -1.83M | 10.33M | 1.3M | 7.97M | -37K | 527K |
| Working Capital Changes | 16.63M | 15.85M | -14.03M | -4.49M | -2.02M | 4.28M | -33.05M | -2.31M | 1.58M | 2.74M | 1.02M | -862K |
| Cash from Investing | -235.39M | -219.72M | -294.9M | -332.91M | -777.06M | -211.14M | -204.6M | -38.67M | -126.61M | -135.9M | -43.89M | -6.19M |
| Purchase of Investments | 0 | -10.7M | 0 | 0 | -587.31M | -109.88M | -15.37M | -34M | -5M | 0 | -25.91M | 0 |
| Sale/Maturity of Investments | 16.85M | 113.45M | 109.49M | 60.95M | 40.32M | 12.89M | 17.77M | 39.55M | 6.66M | 23.65M | 55.56M | 19.38M |
| Net Investment Activity | 16.85M | 102.75M | 109.49M | 60.95M | -546.99M | -96.99M | 2.4M | 5.55M | 1.67M | 23.65M | 29.64M | 19.38M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -1M | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -252.39M | -321.49M | -401.67M | -393.45M | -229.57M | -109.98M | -204.09M | -40.41M | -122.51M | -156.78M | -73M | -25.3M |
| Cash from Financing | 167.74M | 150.44M | 288.33M | 411.25M | 667.73M | 274.4M | 276.5M | -8.48M | 128.78M | 175.26M | 38.57M | -2.19M |
| Dividends Paid | -1.13M | -1.13M | -588K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -11.01M | 0 | -1.61M | -4.71M | -15.76M | 0 | 0 | 0 | 0 |
| Stock Issued | 364K | 142K | 0 | 0 | 2K | 4.74M | 0 | 0 | 0 | 78.19M | 0 | 0 |
| Net Stock Activity | 364K | 142K | 0 | -11.01M | 2K | 3.14M | -4.71M | -15.76M | 0 | 78.19M | 0 | 0 |
| Debt Issuance (Net) | 0 | 0 | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K |
| Other Financing | 118.5M | 151.42M | 377.24M | 255.21M | 46.7M | 297.14M | 247.54M | -27.71M | 95.77M | 63.67M | 43.57M | -191K |
| Net Change in Cash | -12.65M | -13.69M | 649K | 84.83M | -99.53M | 81.82M | 44.4M | -42.1M | 10.05M | 48.01M | -978K | -3.15M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 126.15M | 139.84M | 139.19M | 54.36M | 153.89M | 72.08M | 27.68M | 69.78M | 59.72M | 11.72M | 12.69M | 15.85M |
| Cash at End | 117.25M | 126.15M | 139.84M | 139.19M | 54.36M | 153.89M | 72.08M | 27.68M | 69.78M | 59.72M | 11.72M | 12.69M |
| Interest Paid | 84.65M | 85.64M | 94.41M | 50.03M | 14.99M | 8.08M | 11.36M | 12.32M | 9.47M | 6.82M | 5.94M | 5.66M |
| Income Taxes Paid | 8.57M | 8.46M | 2.18M | 1.01M | 173K | 5.97M | 531K | 1.18M | 549K | 1.47M | 1.28M | 1.6M |
| Free Cash Flow | 55.15M | 54.62M | 4.49M | 6.08M | 9.31M | 14.38M | -29.4M | 1.23M | 2.12M | 5.88M | 3.81M | 4.95M |
| FCF Growth % | 210.84% | 1115.31% | -26.11% | -34.65% | -35.29% | 148.91% | -2490.41% | -42.09% | -63.86% | 54.13% | -23.03% | - |
NYC Multifamily Concentration Risk
Based on reported financial statements, PDLB has demonstrated a consistent ability to generate positive net income, with 2026Q1 net income reaching $8.6M, which supports the bank's ongoing efforts to retain capital and strengthen its regulatory buffers following the recent mutual-to-stock conversion process.
The bank's ability to generate consistent earnings provides a necessary foundation for organic growth and capital adequacy. Investors should monitor whether this earnings trajectory remains sufficient to offset potential credit costs associated with the bank's concentrated multifamily real estate portfolio.
As indicated by the quarterly cash flow data, PDLB has frequently utilized the sale of investment securities, including a $14.7M divestment in 2026Q1, to manage liquidity needs rather than relying on new purchases, which suggests a strategic focus on maintaining cash availability.
The consistent pattern of selling securities rather than reinvesting indicates that management may be prioritizing liquidity over long-term yield enhancement in the current interest rate environment. This approach appears to be a defensive measure to ensure the bank can meet its obligations while navigating local market volatility.
According to the provided cash flow data, PDLB maintains a highly conservative capital return profile, with quarterly dividend payments consistently held near $281K, reflecting a disciplined approach to capital preservation that prioritizes balance sheet strength over aggressive distributions to common shareholders.
This modest dividend payout ratio suggests that management is focused on retaining earnings to support the bank's unique CDFI/MDI mission and regulatory capital requirements. Such a stance appears prudent given the inherent risks in the bank's concentrated New York City multifamily loan book.
Based on the bank's reported figures, the shift toward consistent provision expenses, such as the $1.7M recorded in 2026Q1, indicates a proactive management strategy to build reserves against potential credit losses in the bank's core New York City multifamily real estate lending segment.
The transition from net recoveries in earlier periods to consistent provisioning suggests that management is increasingly cautious about the credit quality of its loan portfolio. This trend warrants further investigation to determine if it reflects actual deterioration in borrower performance or merely a more conservative accounting posture.
Quick answers to the most common questions about buying PDLB stock.
Ponce Financial Group, Inc. (PDLB) generated $55.6M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Ponce Financial Group, Inc. (PDLB) generated $54.6M in free cash flow in 2025. Free cash flow is the cash left over after capital expenditures, which can be used to pay dividends, repurchase shares, or pay down debt.
Ponce Financial Group, Inc. (PDLB) spent $1.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.
In 2025, Ponce Financial Group, Inc. (PDLB) returned $1.1M to shareholders via cash dividends. This shows the company's commitment to returning capital to its equity investors.