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Ponce Financial Group (FRA:73V0) Allowance For Loans And Lease Losses : €-22.69 Mil (As of Mar. 2024)


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What is Ponce Financial Group Allowance For Loans And Lease Losses?

Ponce Financial Group's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-22.69 Mil.

Ponce Financial Group's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-25.69 Mil) to Dec. 2023 (€-23.98 Mil) and increased from Dec. 2023 (€-23.98 Mil) to Mar. 2024 (€-22.69 Mil).

Ponce Financial Group's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-14.47 Mil) to Dec. 2022 (€-32.66 Mil) but then increased from Dec. 2022 (€-32.66 Mil) to Dec. 2023 (€-23.98 Mil).


Ponce Financial Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for Ponce Financial Group's Allowance For Loans And Lease Losses 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 Allowance For Loans And Lease Losses Chart

Ponce Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only -11.10 -12.22 -14.47 -32.66 -23.98

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
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.06 -26.00 -25.69 -23.98 -22.69

Ponce Financial Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Ponce Financial Group Allowance For Loans And Lease Losses Related Terms

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Ponce Financial Group (FRA:73V0) Business Description

Industry
Traded in Other Exchanges
Address
2244 Westchester Avenue, Bronx, NY, USA, 10462
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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