BRONX, N.Y. (AP) — BRONX, N.Y. (AP) — Ponce Financial Group, Inc. (PDLB) on Tuesday reported net income of $2.4 million in its first quarter.

On a per-share basis, the Bronx, New York-based company said it had profit of 11 cents.

The holding company of Ponce Bank posted revenue of $41.4 million in the period. Its adjusted revenue was $20.5 million.

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