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PDL Community Bancorp Common Stock, also called PDL Community Bancorp, is a holding company of Ponce Bank, which is not currently an operating company. Upon completion of the reorganization and offering, it will own all of the issued and outstanding common stock of Ponce Bank. Read More The Ponce Bank provides banking services. It services include personal, business and lending solutions. The company is headquartered in New York, NY.
New York, New York
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Markets InsiderMar 22
PDL Community Bancorp Announces Share Repurchase Program
NEW YORK, March 22, 2019 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) (NASDAQ: PDLB) announced today that its Board of Directors has adopted a share repurchase program effective March 25, 2019. Under the repurchase program, the Company may repurchase up to 923,151 shares of its common stock, or approximately 5% of the current outstanding shares, which will be used to fund the grants of restricted stock units and stock options made under the Company’s 2018 Long-Term Incentive Plan.
Markets InsiderMar 20
PDL Community Bancorp Announces Results for the Year Ended December 31, 2018
NEW YORK, March 20, 2019 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), reported net income of $2.7 million for the year ended December 31, 2018 compared to a net loss of $4.4 million for the year ended December 31, 2017. The Company was formed on September 29, 2017 in conjunction with the reorganization of Ponce De Leon Federal Bank, Ponce Bank’s predecessor, into a two-tier mutual holding company structure with the Company as the mid-tier stock form holding company.
Simply Wall StMar 8