First Keystone H1 net income rises on higher interest income - FKYS News | RalliesFirst Keystone H1 net income rises on higher interest income
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FKYS• Outlook and result drivers
- Outlook - Company did not provide specific guidance or outlook for future quarters or full year
- Higher interest income - Co said increased interest income was mainly due to higher balances of interest-bearing deposits at the Federal Reserve Bank
- Non-interest income - Net securities gains improved due to changes in mark-to-market adjustment on held equity securities
- Credit loss provision - Provision for credit losses decreased due to lower loan balances and absence of large charge-offs seen in prior year
First Keystone reports higher first-half net income
- U.S. community bank's net income for the first half rose 44.6% yr/yr on higher interest income
- EPS for six months ended June 30, 2026 was $0.91
- Total assets and deposits grew, driven by higher retail CD balances
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