Truxton Q2 FY26 net income rises 29% to $6.88 million; revenue climbs 16% to $16.84 million

Reuters2026/07/30 13:02

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Truxton reported Q2 net income attributable to common shareholders of $6.88 million, up 29% year over year; diluted EPS rose to $2.38.
Total revenue, net increased 16.25% to $16.84 million, reflecting net interest income of $10.06 million and noninterest income of $6.7 million.
Net interest margin narrowed 8 basis points from Q1 to 3.10%, while cost of funds edged up to 2.76%.
Total deposits fell 5% from Q1 to $1.12 billion due to a $94 million decline in wholesale deposits; loans dipped 1% to $804 million.
Nonperforming assets were $116,000 at quarter-end; dividends totaled $0.88 per share, with $106,000 of stock repurchased.

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. Truxton Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300900PRIMZONEFULLFEED9800898) on July 30, 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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Truxton Q2 FY26 net income rises 29% to $6.88 million; revenue climbs 16% to $16.84 million

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