BNCCORP Q2 FY26 net income falls 12.72% to USD 1.91 million
BNCC•Q2 net income declines as expenses rise
BNCCORP posted Q2 net income of USD 1.91 million, down 12.73% year over year; diluted EPS fell to USD 0.54.
Net interest income rose 11.83% to USD 9.45 million; net interest margin widened 9 basis points to 3.84%.
Non-interest expense climbed 22.5% to USD 8.33 million, driven by higher professional services tied to the OppFi acquisition agreement.
First-half results improve; deposits decline
First-half net income increased 3.09% to USD 4.07 million; diluted EPS rose to USD 1.15.
Total deposits fell 6% to USD 911.89 million from Dec. 31; stockholders’ equity increased to USD 110.48 million.
