Ponce Financial Group (FRA:73V0) Accounts Payable & Accrued Expense : €3.88 Mil (As of Mar. 2024)

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What is Ponce Financial Group Accounts Payable & Accrued Expense?

Ponce Financial Group's quarterly accounts payable & accrued expense increased from Sep. 2023 (€7.86 Mil) to Dec. 2023 (€10.97 Mil) but then declined from Dec. 2023 (€10.97 Mil) to Mar. 2024 (€3.88 Mil).

Ponce Financial Group's annual accounts payable & accrued expense increased from Dec. 2021 (€0.20 Mil) to Dec. 2022 (€1.31 Mil) and increased from Dec. 2022 (€1.31 Mil) to Dec. 2023 (€10.97 Mil).

Ponce Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ponce Financial Group's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ponce Financial Group Accounts Payable & Accrued Expense Chart

Ponce Financial Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.09

0.05

0.20

1.31

10.97

Ponce Financial Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.65	4.34	7.86	10.97	3.88

Ponce Financial Group Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Ponce Financial Group (FRA:73V0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ponce Financial Group Inc (FRA:73V0) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PDLB:USA

Address

2244 Westchester Avenue, Bronx, NY, USA, 10462

Website

https://www.poncebank.com

Ponce Financial Group Inc, is a United States-based holding company. Its business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations, in mortgage loans, consisting of one-to-four-family residential, multi-family residential, non-residential property and construction and land, and, to a lesser extent, business, and consumer loans. The company also invests in securities, which consists of securities issued by the U.S. Government and federal agencies and mortgage-backed securities issued by the United States government-sponsored enterprises. Some of the products and services include checking solutions, online and mobile banking, merchant credit card services, and others.

Ponce Financial Group (FRA:73V0) Headlines

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