Ponce Financial Group, Inc. PDLB Provision Benefit For Credit Losses
Provision Benefit For Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Ponce Financial Group, Inc. in its filing.
Tagged under the XBRL concept pdlb:ProvisionBenefitForCreditLosses.
The official record: Ponce Financial Group, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Ponce Financial Group, Inc.'s provision benefit for credit losses?
- Ponce Financial Group, Inc. (PDLB) reported provision benefit for credit losses of $1.66M in Q1 2026.
- How has Ponce Financial Group, Inc.'s provision benefit for credit losses changed year-over-year?
- Ponce Financial Group, Inc.'s provision benefit for credit losses increased by 681.1% year-over-year, from -$285K to $1.66M.
- What is the long-term trend for Ponce Financial Group, Inc.'s provision benefit for credit losses?
- Over 2 years (2022 to 2025), Ponce Financial Group, Inc.'s provision benefit for credit losses has grown at a -60.3% compound annual growth rate (CAGR), from $24.05M to $3.78M.
- What does provision benefit for credit losses mean?
- This is the non-cash charge or credit to the income statement intended to maintain the allowance for loan and lease losses at an appropriate level. It reflects management's current estimate of expected credit losses within the loan portfolio based on economic forecasts and historical performance. An increasing provision typically signals management's expectation of higher future defaults or a more conservative risk outlook.