Inactive Instrument

PRUL BANC

Equities

PBIP

US74431A1016

Prudential Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022

April 29, 2022 at 04:43 pm EDT

Prudential Bancorp, Inc. reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported net interest income was USD 5.69 million compared to USD 5.73 million a year ago. Net loss was USD 6.52 million compared to net income of USD 1.72 million a year ago. Basic loss per share from continuing operations was USD 0.84 compared to basic earnings per share from continuing operations of USD 0.22 a year ago. Diluted loss per share from continuing operations was USD 0.84 compared to diluted earnings per share from continuing operations of USD 0.21 a year ago.
For the six months, net interest income was USD 11.62 million compared to USD 11.41 million a year ago. Net loss was USD 4.68 million compared to net income of USD 3.55 million a year ago. Basic loss per share from continuing operations was USD 0.6 compared to basic earnings per share from continuing operations of USD 0.44 a year ago. Diluted loss per share from continuing operations was USD 0.6 compared to diluted earnings per share from continuing operations of USD 0.44 a year ago.

Latest news about PRUL BANC

Prudential Bancorp, Inc.(NasdaqGM:PBIP) dropped from S&P TMI Index	22-07-05	CI
Fulton Financial Completes Acquisition of Prudential Bancorp	22-07-01	MT
Fulton Financial Corporation completed the acquisition of Prudential Bancorp, Inc. from a group of shareholders.	22-06-30	CI
Prudential Bancorp, Inc.(NasdaqGM:PBIP) dropped from NASDAQ Composite Index	22-06-30	CI
Prudential Bancorp, Inc.(NasdaqGM:PBIP) added to Russell Microcap Growth Index	22-06-24	CI
Prudential Bancorp, Inc.(NasdaqGM:PBIP) added to Russell 3000E Growth Index	22-06-24	CI
Fulton Financial-Prudential Bancorp Deal Gets Approval From Prudential Shareholders	22-06-15	MT
Fulton Financial Gets Regulatory Nod for Prudential Bancorp Merger	22-05-23	MT
Prudential Bancorp Keeps Quarterly Dividend Unchanged at $0.07 a Share, Payable June 21 to Holders of Record on June 7	22-05-18	MT
Prudential Bancorp, Inc. Announces Declaration of Quarterly Cash Dividend, Payable on June 21, 2022	22-05-18	CI
Tranche Update on Prudential Bancorp, Inc.'s Equity Buyback Plan announced on January 21, 2021.	22-05-16	CI
Prudential Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022	22-04-29	CI
Earnings Flash (PBIP) PRUDENTIAL BANCORP Posts Q2 Loss $-0.84	22-04-29	MT
Top Midday Gainers	22-03-02	MT
Fulton Financial to Acquire Prudential Bancorp in $142.1 Million Deal	22-03-02	MT
Fulton Financial Corporation executed a non-binding indication of interest to acquire Prudential Bancorp, Inc. from a group of shareholders for approximately $140 million.	22-03-01	CI
Prudential Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on March 21, 2022	22-02-16	CI
Tranche Update on Prudential Bancorp, Inc.'s Equity Buyback Plan announced on January 21, 2021.	22-02-14	CI
Prudential Bancorp, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2021	22-01-28	CI
Earnings Flash (PBIP) PRUDENTIAL BANCORP Reports Q1 EPS $0.24	22-01-28	MT
North American Morning Briefing : Dow Wobbles, -3-	22-01-21	DJ
Prudential Bancorp Keeps Quarterly Dividend at $0.07 a Share; Payable Dec. 21 to Shareholders of Record Dec. 7	21-11-17	MT
Prudential Bancorp, Inc. Declares Quarterly Cash Dividend of $0.07 Per Share on the Common Stock of the Company, Payable on December 21, 2021	21-11-17	CI
North American Morning Briefing : Stock Futures -2-	21-11-15	DJ
Prudential Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended September 30, 2021	21-11-12	CI

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Company Profile

Prudential Bancorp, Inc. is engaged in activity of the ownership of Prudential Bank (the Bank's) common stock. The Bank is a community-oriented savings bank, which is focused on originating long-term, single-family residential mortgage loans, commercial real estate, construction and land development lending. It attracts deposits from the general public and using those funds to invest in loans and securities. Its sources of funds are deposits, repayments of loans and mortgage-backed securities, maturities and calls of investment securities and interest-bearing deposits, funds provided from operations and funds borrowed from the Federal Home Loan Bank of Pittsburgh. These funds are primarily used for the origination of various loan types, including single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans and consumer loans.

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