CIB Marine Q2 FY26 net income rises 28.57% to $915,000; net interest margin widens 34 basis points to 3.03% - CIBH News | RalliesCIB Marine Q2 FY26 net income rises 28.57% to $915,000; net interest margin widens 34 basis points to 3.03%
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CIBH• Second-quarter results
- CIB Marine Bancshares posted Q2 net income of USD 915,000, equal to USD 0.68 diluted EPS.
- Net interest margin widened to 3.03%, up 0.34 percentage point from a year earlier; net interest income rose to USD 6 million.
Capital actions and outlook
- Stock buybacks totaled USD 1.2 million in the first half at USD 38.33 per share; management is targeting commercial loan growth in 2026.
Credit quality and balance sheet
- Credit quality improved, with nonperforming assets at 0.87% of total assets and nonaccrual loans at 1.09% of loans.
- Loans slipped USD 6 million since year-end 2025 while deposits grew USD 6 million, letting the bank cut total borrowings.