What is Ponce Financial Group Efficiency Overhead Ratio %?
Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.
Ponce Financial Group's Efficiency Overhead Ratio % for the quarter that ended in Mar. 2024 was 82.56%
, which is lower than
96.83% for the pervious quarter ended in Dec. 2023.
Ponce Financial Group's Efficiency Overhead Ratio % for the annual that ended in Dec. 2023 was 90.96%
, which is lower than
117.53% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Ponce Financial Group's Efficiency Overhead Ratio % or its related term are showing as below:
PDLB's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median: * Ranked among companies with meaningful Efficiency Overhead Ratio % only.
Ponce Financial Group Efficiency Overhead Ratio % Historical Data
The historical data trend for Ponce Financial Group's Efficiency Overhead Ratio % 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.
* Premium members only.
Ponce Financial Group Efficiency Overhead Ratio % Chart
Competitive Comparison of Ponce Financial Group's Efficiency Overhead Ratio %
For the Banks - Regional subindustry, Ponce Financial Group's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ponce Financial Group (NAS:PDLB) Efficiency Overhead Ratio % Calculation
Efficiency Overhead Ratio % is calculated as
Efficiency Overhead Ratio %
=
Non-interest Expenses
/
Revenue
* 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.
Ponce Financial Group (NAS:PDLB) Efficiency Overhead Ratio % Explanation
Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.
An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.
Ponce Financial Group Efficiency Overhead Ratio % Related Terms
Thank you for viewing the detailed overview of Ponce Financial Group's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ponce Financial Group (Ponce Financial Group) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PDLB has been successfully added to your 