BRONX, N.Y. (AP) — BRONX, N.Y. (AP) — Ponce Financial Group, Inc. (PDLB) on Friday reported net income of $8.6 million in its first quarter.

The Bronx, New York-based company said it had profit of 36 cents per share.

The holding company of Ponce Bank posted revenue of $50.7 million in the period. Its adjusted revenue was $30.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PDLB at https://www.zacks.com/ap/PDLB

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