GBank Financial Q2 FY26 net income rises 14.86% to $5.46 million; net interest margin narrows 53 basis points to 3.78% - GBFH News | RalliesGBank Financial Q2 FY26 net income rises 14.86% to $5.46 million; net interest margin narrows 53 basis points to 3.78%
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GBFH• Quarterly profit and margin
- GBank Financial Holdings posted Q2 net income of $5.46 million, up 14.9% year over year; diluted EPS rose to $0.38.
- Net interest margin narrowed to 3.78% from 4.31% a year earlier, reflecting a lower market interest-rate environment.
Asset quality, loan growth and sales gains
- Non-performing assets climbed to $58.18 million, representing 4.06% of total assets, versus 1.49% a year earlier.
- Second-quarter gain on sale of loans more than doubled to $5.54 million, supported by higher loan-sale volumes and favorable pricing.
- Loans grew 9% since Dec. 31 to $1.0 billion; the allowance for credit losses rose to $12.42 million from $9.89 million.
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