Elmer Bancorp Q2 FY26 net income rises 9.77% to $809,000; net interest income increases 6.5% to $4.26 million
Reuters2026/07/30 20:49Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Elmer Bancorp posted Q2 2026 net income of $809,000, up 9.77%, with diluted EPS of $0.70.
- Net interest income rose 6.5% to $4.26 million, reflecting higher loan interest and fees, partly offset by lower overnight investment income.
- Six-month net income fell 22.41% to $1.41 million, while net interest income increased 6.46% to $8.29 million.
- Total assets edged up to $407.78 million, while loans climbed to $335.07 million; the allowance for loan losses was 1.27% of loans.
- Deposits were steady at $365.22 million; CEO Brian W. Jones cited stronger net interest income, loan growth and stable deposits amid uncertain conditions.
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. Elmer Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260730314194) on July 30, 2026, and is solely responsible for the information contained therein.
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