Eagle Financial Q2 FY26 net income falls 5% to $4.98 million
EFSI•Quarterly results
- Eagle Financial Services posted Q2 GAAP net income of USD 4.98 million, down 5% year over year, with GAAP EPS of USD 0.92.
- Net interest income rose 8% to USD 16.97 million, while the provision for credit losses jumped to USD 3.5 million from USD 668,000.
- Noninterest income climbed 75% to USD 8.59 million on a USD 3.5 million pre-tax gain from selling its Bearing Insurance Group interest.
- Noninterest expense increased 16% to USD 15.53 million, while the efficiency ratio widened to 70.29% from 64.91%.
Balance sheet and funding
- Management said March 2026 marked full payoff of remaining FHLB borrowings, cutting wholesale funding reliance; assets were USD 1.85 billion at June 30.
Related News
Esquire Financial Q2 FY26 net income rises 9.2% to $13 million; net interest income climbs 22.2% to $35.7 million
ESQ•
QNB net income falls 22.36% to $3.02 million in Q2 FY26; adjusted diluted EPS rises to $1.05 excluding merger costs
QNBC•
