Lake Ridge Bancorp Q2 FY26 net income rises to $8.6 million; EPS climbs to $4.36

Reuters2026/08/17 18:09

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Lake Ridge Bancorp posted Q2 net income of $8.6 million, or $4.36 a share, up from $7.4 million, or $3.75, in Q1.
Net interest income rose to $26.3 million from $24.9 million in Q1, due to higher loan repricing and larger fed funds sold balances.
Noninterest income increased to $5.3 million from $5 million, driven by higher Wealth Management and interchange income.
Net loans climbed $43.1 million to $2.42 billion, reflecting growth in commercial real estate lending.
CEO Jim Tubbs cited continued execution of the bank’s community-banking strategy, pairing relationship-driven service with modern technologies.

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. Lake Ridge Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608171408PR_NEWS_USPR_____CG27785) on August 17, 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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Lake Ridge Bancorp Q2 FY26 net income rises to $8.6 million; EPS climbs to $4.36

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