CF Bankshares Q2 FY26 net income rises 18% to $5.9 million; net interest margin widens 24 basis points to 2.93%

Commercial loan fundings were $135 million, lifting net commercial loan growth to $52 million; noninterest-bearing deposits climbed $33 million, up 14%.

CEO Timothy T. O’Dell said the bank expects loan pipeline-driven scale to lift core earnings in 2H 2026, while net interest margin remains challenging.

CF Bankshares posted Q2 net income of $5.9 million, up 18% from Q1, with diluted EPS of $0.90.

Net interest margin widened 24 basis points from Q1 to 2.93%, helped by $370,000 in commercial-loan prepayment penalties.

Noninterest income rose 14% from Q1 to $1.7 million, driven by a $184,000 increase in swap fee income.