Cashmere Valley Bank Q2 FY26 net income climbs 22.1% to $6.9 million - CSHX News | RalliesCashmere Valley Bank Q2 FY26 net income climbs 22.1% to $6.9 million
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CSHX• Loans and deposits increase year over year
- Gross loans climbed to USD 1.03 billion as of June 30, up 6.3% year over year; non-performing loans were 0.35% of loans.
- Deposits increased to USD 1.96 billion, up 6.7% year over year; non-interest deposits totaled USD 420 million, or 21.4% of deposits.
Management commentary and branch expansion
- Greg Oakes said the quarter marked a strong rebound from Q1, with loan and deposit totals above expectations.
- The bank broke ground on an East Wenatchee facility expected to open in mid-2027.
Quarterly earnings and profitability improve
- Cashmere Valley Bank posted Q2 net income of USD 6.9 million, with diluted EPS of USD 1.88, up 22.1% from Q1.
- Return on assets rose to 1.21% from 1.04%, while return on equity increased to 10.8% from 9.0%.
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