PBIP - プルデンシャル・バンコ―プ （Prudential Bancorp Inc.）

The Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities have approved the respective applications by Fulton Financial (FULT) to…

Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) is pleased to announce that both the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities have approved the respective applications by Fulton to acquire Prudential Bancorp, Inc. (NASDAQ: PBIP) (“Prudential”) and, indirectly, to acquire Prudential Bank, located in Philadelphia. This press release

CEDARHURST, N.Y.--(BUSINESS WIRE)--Kuznicki Law PLLC is investigating the proposed sale of Prudential Bancorp, Inc. (NasdaqGM: PBIP) to Fulton Financial Corporation (NasdaqGS: FULT). Under the terms of the proposed transaction, shareholders of Prudential will receive only $3.65 in cash and 0.7974 shares of Fulton for each share of Prudential that they own. If you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, contact us toll free

Prudential Bancorp press release (NASDAQ:PBIP): FQ2 GAAP EPS of -$0.84.Revenue of $5.98M (-5.1% Y/Y) misses by $0.49M.

PHILADELPHIA, April 29, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the “Company”) (Nasdaq:PBIP), the holding company for Prudential Bank (the “Bank”), reported a net loss of $6.5 million, or ($0.84) per basic and diluted share, for the quarter ended March 31, 2022 as compared to net income of $1.7 million, or $0.22 per basic share and $0.21 per diluted share, for the same quarter in fiscal 2021. For the six months ended March 31, 2022, the Company reported a net loss of $4.7 million, or ($0.60) per basic and diluted share as compared to net income of $3.6 million, or $0.44 per basic and diluted share, for the same period in fiscal 2021. The losses incurred for the fiscal 2022 periods were attributable to the previously disclosed litigation settlements described below as well as expenses incurred in conjunction with the pending merger with Fulton Financial Corporation (“Fulton”) announced on March 2, 2022. Operating net income (a non-GAAP measure; see “Non-GAAP Measures Disclosures”) of $1.

NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Prudential Bancorp, Inc. (NASDAQ: PBIP) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Fulton Financial Corporation (NASDAQ: FULT).

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The deal for the 136-year-old South Philadelphia bank enhances Fulton''s presence in what it terms the “highly attractive and strategically important” Philadelphia market.

U.S. stocks extended gains midway through trading, with the Nasdaq index jumping 150 points on Wednesday. The Dow traded up 1.71% to 33,865.43 while the NASDAQ rose 1.11% to 13,682.58. The S&P also rose, gaining, 1.56% to 4,377.68. Check out this: Insiders Buy Around $98M Of 3 Stocks Leading and Lagging Sectors Financials shares climbed by 2.7% on Wednesday. Meanwhile, top gainers in the sector included Prudential Bancorp, Inc. (NASDAQ: PBIP ), up 18% and Qudian Inc. (NYSE: QD ) up 10%. In trading on Wednesday, communication services shares rose by just 0.6%. Top Headline US crude oil inventories dropped by 2.597 million barrels in the week ended February 25th, versus a 4.515 million increase in the prior period, the Energy Information Administration said. However, analysts were expecting for a 2.748 million barrel gain. Equities Trading UP Nordstrom, Inc. (NYSE: JWN ) shares shot up 39% to $27.11 after the company reported better-than-expected Q4 EPS and sales results. The company also issued FY22 guidance.

Fulton Financial (FULT) and Prudential Bancorp (PBIP) entered into a definitive Agreement and Plan of Merger wherein the latter will merge with and into Fulton in a stock and…

PHILADELPHIA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the Company) (Nasdaq: PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on September 21, 2021 to the shareholders of record at the close of business on September 7, 2021.

PHILADELPHIA, July 23, 2021 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the Company) (Nasdaq:PBIP), the holding company for Prudential Bank (the Bank), reported net income of $2.2 million, or $0.28 per basic and per diluted share, for the quarter ended June 30, 2021 as compared to $3.6 million, or $0.44 per basic and per diluted share, for the same quarter in fiscal 2020. For the nine months ended June 30, 2021, the Company reported net income of $5.8 million, or $0.73 per basic share and $0.72 per diluted share as compared to $9.0 million, or $1.04 per basic and $1.03 per diluted share, for the same period in fiscal 2020. The 2020 periods included significant gains on sales of investment securities available for sale.

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