Cashmere Valley Bank Q2 FY26 net income climbs 22.1% to $6.9 million
Reuters2026/07/22 07:00By:Reuters
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- Cashmere Valley Bank posted Q2 net income of USD 6.9 million, with diluted EPS of USD 1.88, up 22.1% from Q1.
- Return on assets rose to 1.21% from 1.04%, while return on equity increased to 10.8% from 9.0%.
- Gross loans climbed to USD 1.03 billion as of June 30, up 6.3% year over year; non-performing loans were 0.35% of loans.
- Deposits increased to USD 1.96 billion, up 6.7% year over year; non-interest deposits totaled USD 420 million, or 21.4% of deposits.
- Greg Oakes said the quarter marked a strong rebound from Q1, with loan and deposit totals above expectations; the bank broke ground on an East Wenatchee facility expected to open in mid-2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cashmere Valley Bank published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607220300ACCESSWRNAPR_____1194282) on July 22, 2026, and is solely responsible for the information contained therein.
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