Prudential Bancorp (PBIP) 14.50 $PBIP
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Commencement of an Investigation Regarding the Fairness of the Sale of Polonia Bancorp, Inc. to Prudential Bancorp, Inc. - PBCP
PR Newswire - Mon Jun 06, 2:45PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
PBIP: 14.50 (-0.05)
POLONIA BANCORP, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Prudential Bancorp, Inc.
BusinessWire - Mon Jun 06, 11:18AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Polonia Bancorp, Inc. ("Polonia"
(NASDAQ: PBCP) concerning the sale to Prudential Bancorp, Inc. (NASDAQ: PBIP). Under the terms of the agreement, Polonia shareholders will only receive 0.7591 shares of Prudential common stock of $11.28 in cash for each share owned, which is virtually no premium over the 52-week high.
PBIP: 14.50 (-0.05)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Regarding the Fairness of the Sale of Polonia Bancorp, Inc. to Prudential Bancorp, Inc. - PBCP
ACCESSWIRE - Fri Jun 03, 10:31AM CDT
NEW YORK, NY / ACCESSWIRE / June 3, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. and Polonia Bancorp, Inc. Announce Merger Agreement
GlobeNewswire - Thu Jun 02, 3:09PM CDT
Combination Expands Prudential Bancorp, Inc.'s Presence in Philadelphia County
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Declaration of Quarterly Cash Dividend
GlobeNewswire - Wed May 18, 1:27PM CDT
Prudential Bancorp, Inc. (the "Company" (Nasdaq
BIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.03 per share on the common stock of the Company, payable on June 21, 2016 to the shareholders of record at the close of business on June 7, 2016.
PBIP: 14.50 (-0.05)
Prudential Bancorp posts 2Q profit
Automated Insights - Fri May 06, 3:41PM CDT
PHILADELPHIA (AP) _ Prudential Bancorp Inc. (PBIP) on Friday reported profit of $548,000 in its fiscal second quarter.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Second Quarter Fiscal 2016 Results
GlobeNewswire - Fri May 06, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", reported net income of $548 thousand, or $0.08 per basic share and per diluted share, for the quarter ended March 31, 2016 as compared to $1.7 million, or $0.20 per basic and $0.18 per diluted share, for the same quarter in 2015. For the six months ended March 31, 2016, the Company recognized net income of $961 thousand or $0.13 per basic and $0.12 per diluted share, as compared to net income of $2.2 million, or $0.25 per basic share and $0.22 per diluted share, for the comparable period in 2015. The three and six months ended March 31, 2015 included gain on sale of real estate of $1.8 million.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Retirement of Joseph Corrato and the Appointment of Dennis Pollack as President and Chief Executive Officer
GlobeNewswire - Tue May 03, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), announced today that Joseph R. Corrato, President and Chief Executive Officer of the Company and its wholly owned subsidiary Prudential Savings Bank (the "Bank" or "Prudential Savings", has retired after 38 years of service. Mr. Corrato joined the Bank in 1978 and served in a number of capacities at the Bank and later at the Company, most recently as the President and Chief Executive Officer of the Bank and the Company.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces First Quarter Fiscal 2016 Results
GlobeNewswire - Thu Jan 28, 4:34PM CST
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", today reported net income of $413,000, or $0.05 per diluted share, for the quarter ended December 31, 2015 as compared to $471,000 or $0.05 per diluted share, for the comparable period in 2014. The modestly higher net income experienced for the three month period ended December 31, 2014 as compared to the same period in 2015 was primarily due to recording a $138,000 gain on the sale of a SBA loan, partially offset by a $75,000 provision during the three month period ended December 31, 2014, both of which were not applicable to the 2015 period.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces That Thomas A. Vento Has Retired as Chairman of the Board; Bruce E. Miller Appointed as New Chairman
GlobeNewswire - Tue Dec 22, 3:30PM CST
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", announced today that Thomas A. Vento, Chairman of the Board of the Company and the Bank, has retired as the Company's Chairman and as a member of the Board, effective December 22, 2015. As a result of Mr. Vento's retirement, the Company's Board of Directors announced that Bruce E. Miller would succeed Mr. Vento as Chairman, effective as of today.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Hiring of New Chief Lending Officer at Bank Subsidiary
GlobeNewswire - Fri Aug 28, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), announced today that its subsidiary, Prudential Savings Bank (the "Bank" appointed Douglas J.R. Smith to serve as Senior Vice President-Chief Lending Officer, effective August 31, 2015. Mr. Smith has served both as a Chief Credit Officer and Chief Lending Officer for various financial institutions in Pennsylvania during his long banking career, including his most recent position as Executive Vice President-Chief Credit Officer at Noah Bank in Elkins Park, PA. He also served as a Lieutenant Colonel in the U.S. Army Reserve, Special Operations Command, retiring after 25 years of service to our country.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Third Quarter Fiscal 2015 Results
GlobeNewswire - Fri Jul 31, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", today reported net income of $47,000, or $0.01 per basic and diluted share, for the quarter ended June 30, 2015 as compared to $521,000, or $0.06 per basic and diluted share, for the same quarter in 2014. For the nine months ended June 30, 2015, the Company recognized net income of $2.2 million or $0.26 per basic and diluted share, as compared to net income of $1.4 million, or $0.15 per basic and diluted share, for the comparable period in fiscal 2014. Profitability for the three month period ended June 30, 2015 primarily reflected the $231,000 gain recognized on the sale of the Snyder branch office. With regards to the nine month period ended June 30, 2015, the Company recorded an aggregate gain of $2.0 million from the sale of two branch offices as well as a $138,000 gain on the sale of a SBA loan, partially offset by a provision for loan losses of $585,000.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Adoption of New Stock Repurchase Program
GlobeNewswire - Wed Jul 15, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP) announced that its Board of Directors, at a meeting held today, approved the Company's second stock repurchase program covering up to 850,000 shares or approximately 10% of its issued and outstanding shares of common stock. The Company has substantially completed its first repurchase program, repurchasing 916,871 shares of the 950,000 shares covered by the program at an average cost of $13.18. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors over a one-year period or such longer period of time as may be necessary to complete such repurchases. Repurchases are expected to commence promptly following the announcement of the Company's operating results for the quarter ended June 30, 2015.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Hiring of New Business Development Officer at Bank Subsidiary
GlobeNewswire - Wed Jul 01, 7:30AM CDT
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), announced today that its subsidiary, Prudential Savings Bank (the "Bank" hired Anthony V. Migliorino to serve in the newly created position of Senior Vice President-Retail Business Development, effective June 30, 2015. Mr. Migliorino is a career banker with a proven track record of increasing retail business and improving profitability for the institutions at which he has been employed. He served for the past 14 years as Senior Vice President of Branch Banking at Sterling National Bank in New York City.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Appointment of Jack Rothkopf as New Chief Financial Officer
GlobeNewswire - Wed Jun 17, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company" (NasdaqBIP), announced today that the Company's Board of Directors named Jack E. Rothkopf as Chief Financial Officer of the Company and its wholly owned subsidiary, Prudential Savings Bank (the "Bank" effective July 1, 2015. Mr. Rothkopf will succeed Joseph R. Corrato, the current Executive Vice President and Chief Financial Officer who will become the President and the Chief Executive Officer of each of the Company and the Bank, effective July 1, 2015 and October 1, 2015, respectively. Mr. Rothkopf has been the Senior Vice President and Treasurer of the Company and the Bank since 2013. Mr. Rothkopf will continue to serve as the Senior Vice President and Treasurer of the Company and the Bank.
PBIP: 14.50 (-0.05)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Commencement of an Investigation Regarding the Fairness of the Sale of Polonia Bancorp, Inc. to Prudential Bancorp, Inc. - PBCP
PR Newswire - Mon Jun 06, 2:45PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
PBIP: 14.50 (-0.05)
POLONIA BANCORP, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Prudential Bancorp, Inc.
BusinessWire - Mon Jun 06, 11:18AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Polonia Bancorp, Inc. ("Polonia"
(NASDAQ: PBCP) concerning the sale to Prudential Bancorp, Inc. (NASDAQ: PBIP). Under the terms of the agreement, Polonia shareholders will only receive 0.7591 shares of Prudential common stock of $11.28 in cash for each share owned, which is virtually no premium over the 52-week high. PBIP: 14.50 (-0.05)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Regarding the Fairness of the Sale of Polonia Bancorp, Inc. to Prudential Bancorp, Inc. - PBCP
ACCESSWIRE - Fri Jun 03, 10:31AM CDT
NEW YORK, NY / ACCESSWIRE / June 3, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. and Polonia Bancorp, Inc. Announce Merger Agreement
GlobeNewswire - Thu Jun 02, 3:09PM CDT
Combination Expands Prudential Bancorp, Inc.'s Presence in Philadelphia County
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Declaration of Quarterly Cash Dividend
GlobeNewswire - Wed May 18, 1:27PM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.03 per share on the common stock of the Company, payable on June 21, 2016 to the shareholders of record at the close of business on June 7, 2016. PBIP: 14.50 (-0.05)
Prudential Bancorp posts 2Q profit
Automated Insights - Fri May 06, 3:41PM CDT
PHILADELPHIA (AP) _ Prudential Bancorp Inc. (PBIP) on Friday reported profit of $548,000 in its fiscal second quarter.
PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Second Quarter Fiscal 2016 Results
GlobeNewswire - Fri May 06, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", reported net income of $548 thousand, or $0.08 per basic share and per diluted share, for the quarter ended March 31, 2016 as compared to $1.7 million, or $0.20 per basic and $0.18 per diluted share, for the same quarter in 2015. For the six months ended March 31, 2016, the Company recognized net income of $961 thousand or $0.13 per basic and $0.12 per diluted share, as compared to net income of $2.2 million, or $0.25 per basic share and $0.22 per diluted share, for the comparable period in 2015. The three and six months ended March 31, 2015 included gain on sale of real estate of $1.8 million. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Retirement of Joseph Corrato and the Appointment of Dennis Pollack as President and Chief Executive Officer
GlobeNewswire - Tue May 03, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), announced today that Joseph R. Corrato, President and Chief Executive Officer of the Company and its wholly owned subsidiary Prudential Savings Bank (the "Bank" or "Prudential Savings", has retired after 38 years of service. Mr. Corrato joined the Bank in 1978 and served in a number of capacities at the Bank and later at the Company, most recently as the President and Chief Executive Officer of the Bank and the Company. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces First Quarter Fiscal 2016 Results
GlobeNewswire - Thu Jan 28, 4:34PM CST
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", today reported net income of $413,000, or $0.05 per diluted share, for the quarter ended December 31, 2015 as compared to $471,000 or $0.05 per diluted share, for the comparable period in 2014. The modestly higher net income experienced for the three month period ended December 31, 2014 as compared to the same period in 2015 was primarily due to recording a $138,000 gain on the sale of a SBA loan, partially offset by a $75,000 provision during the three month period ended December 31, 2014, both of which were not applicable to the 2015 period. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces That Thomas A. Vento Has Retired as Chairman of the Board; Bruce E. Miller Appointed as New Chairman
GlobeNewswire - Tue Dec 22, 3:30PM CST
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", announced today that Thomas A. Vento, Chairman of the Board of the Company and the Bank, has retired as the Company's Chairman and as a member of the Board, effective December 22, 2015. As a result of Mr. Vento's retirement, the Company's Board of Directors announced that Bruce E. Miller would succeed Mr. Vento as Chairman, effective as of today. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Hiring of New Chief Lending Officer at Bank Subsidiary
GlobeNewswire - Fri Aug 28, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), announced today that its subsidiary, Prudential Savings Bank (the "Bank" appointed Douglas J.R. Smith to serve as Senior Vice President-Chief Lending Officer, effective August 31, 2015. Mr. Smith has served both as a Chief Credit Officer and Chief Lending Officer for various financial institutions in Pennsylvania during his long banking career, including his most recent position as Executive Vice President-Chief Credit Officer at Noah Bank in Elkins Park, PA. He also served as a Lieutenant Colonel in the U.S. Army Reserve, Special Operations Command, retiring after 25 years of service to our country. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Third Quarter Fiscal 2015 Results
GlobeNewswire - Fri Jul 31, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), the holding company for Prudential Savings Bank (the "Bank", today reported net income of $47,000, or $0.01 per basic and diluted share, for the quarter ended June 30, 2015 as compared to $521,000, or $0.06 per basic and diluted share, for the same quarter in 2014. For the nine months ended June 30, 2015, the Company recognized net income of $2.2 million or $0.26 per basic and diluted share, as compared to net income of $1.4 million, or $0.15 per basic and diluted share, for the comparable period in fiscal 2014. Profitability for the three month period ended June 30, 2015 primarily reflected the $231,000 gain recognized on the sale of the Snyder branch office. With regards to the nine month period ended June 30, 2015, the Company recorded an aggregate gain of $2.0 million from the sale of two branch offices as well as a $138,000 gain on the sale of a SBA loan, partially offset by a provision for loan losses of $585,000. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Adoption of New Stock Repurchase Program
GlobeNewswire - Wed Jul 15, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP) announced that its Board of Directors, at a meeting held today, approved the Company's second stock repurchase program covering up to 850,000 shares or approximately 10% of its issued and outstanding shares of common stock. The Company has substantially completed its first repurchase program, repurchasing 916,871 shares of the 950,000 shares covered by the program at an average cost of $13.18. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors over a one-year period or such longer period of time as may be necessary to complete such repurchases. Repurchases are expected to commence promptly following the announcement of the Company's operating results for the quarter ended June 30, 2015. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Hiring of New Business Development Officer at Bank Subsidiary
GlobeNewswire - Wed Jul 01, 7:30AM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), announced today that its subsidiary, Prudential Savings Bank (the "Bank" hired Anthony V. Migliorino to serve in the newly created position of Senior Vice President-Retail Business Development, effective June 30, 2015. Mr. Migliorino is a career banker with a proven track record of increasing retail business and improving profitability for the institutions at which he has been employed. He served for the past 14 years as Senior Vice President of Branch Banking at Sterling National Bank in New York City. PBIP: 14.50 (-0.05)
Prudential Bancorp, Inc. Announces Appointment of Jack Rothkopf as New Chief Financial Officer
GlobeNewswire - Wed Jun 17, 3:30PM CDT
Prudential Bancorp, Inc. (the "Company"
(NasdaqBIP), announced today that the Company's Board of Directors named Jack E. Rothkopf as Chief Financial Officer of the Company and its wholly owned subsidiary, Prudential Savings Bank (the "Bank" effective July 1, 2015. Mr. Rothkopf will succeed Joseph R. Corrato, the current Executive Vice President and Chief Financial Officer who will become the President and the Chief Executive Officer of each of the Company and the Bank, effective July 1, 2015 and October 1, 2015, respectively. Mr. Rothkopf has been the Senior Vice President and Treasurer of the Company and the Bank since 2013. Mr. Rothkopf will continue to serve as the Senior Vice President and Treasurer of the Company and the Bank. PBIP: 14.50 (-0.05)
