ENB Financial Q2 FY26 net income slips 1.8% to $5.7 million
ENBP•Quarterly net income and EPS slip
ENB Financial posted Q2 net income of $5.7 million, down 1.8% year over year; EPS slipped to $1 from $1.02.
Profitability weakened, with ROA falling 0.11 percentage points to 0.95% and ROE dropping 3.51 percentage points to 13.73%.
Revenue, expenses and acquisition impact
Net interest income climbed 17.7% to $20.78 million, while noninterest expense jumped 31.2% to $18.27 million.
The quarter included a $462,000 release of provision for credit losses, versus a $126,000 provision expense a year earlier.
The Cecil Bancorp acquisition closed Feb. 1, adding $147.4 million of net loans and $186.38 million of deposits; merger-related charges were $1.24 million net of taxes.
