BV Financial Q2 FY26 net income rises to $3.5 million; net interest margin widens to 4.58% - BVFL News | RalliesBV Financial Q2 FY26 net income rises to $3.5 million; net interest margin widens to 4.58%
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BVFL• Noninterest income declines
- Noninterest income dropped to $467,000 from the prior-year quarter, partly due to a $135,000 write-down of a former branch location.
Balance sheet and asset quality
- Total assets fell 3.8% to $877.9 million since Dec. 31, 2025, as loans slid 5.9% to $710.6 million.
- Nonperforming assets increased to $3.4 million at June 30, 2026 from $2.3 million at year-end 2025.
Quarterly results and margin expansion
- BV Financial posted net income of $3.5 million, or $0.42 per diluted share, for the quarter ended June 30, 2026.
- Net interest income rose to $9.5 million from the year-earlier quarter, lifting net interest margin by 0.22 percentage points to 4.58%.
