Prudential Bancorp, Inc. of Pennsylvania (PBIP) reported net income for the second quarter of $84,000, or $0.01 per share, compared to a net loss of $1.9 million or $0.20 per share for the year-ago quarter.
Net interest income for the quarter decreased 8.5% to $3.3 million from $3.6 million a year ago. Provision for loan losses for the quarter was $100,000, compared to $3.6 million last year.
Non-interest income for the second quarter declined to $133,000 from $175,000 a year earlier.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.