Touchmark net income more than doubles to $752,000 in Q2 FY26

Reuters2026/07/22 14:08

By:Reuters

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Touchmark Bancshares Q2 net income more than doubled to USD 752,000, lifted by a USD 219,000 non-recurring loan guaranty recovery.
Net interest income rose 12.7% from a year earlier to USD 2.7 million; net interest margin widened to 2.61%.
Loan commitments totaled USD 12.4 million, about 2.5 times higher than a year earlier; organic loan growth for H1 increased 402%.
Total assets climbed to USD 416.2 million; deposits increased 1.6% from the prior quarter to USD 338.2 million.
Repurchased 15,000 shares at an average USD 9.41; named Gina Omolon as executive vice president and CFO.

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. Touchmark Bancshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607221007PR_NEWS_USPR_____CL10107) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Touchmark net income more than doubles to $752,000 in Q2 FY26

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