BV Financial net income for quarter ended Sept. 30 falls 8% to $3.44 million
BVFL•BV Financial’s net income fell 8% year over year to $3.44 million for the quarter ended September 30, 2026. Net interest income was $9.08 million, while noninterest expense fell 14% to $5.06 million.
1. Quarterly results
BV Financial’s net income fell 8% year over year to $3.44 million for the quarter ended September 30, 2026. Net interest income declined to $9.08 million due to lower average loan balances. Noninterest expense dropped 14% to $5.06 million, with compensation costs declining because of lower staffing and equity-plan expenses. The credit-loss provision was $213,000, compared with a $1.01 million recovery a year earlier.
