CBB Bancorp Q2 FY26 net income drops 13.6% to $4.9 million; efficiency ratio widens 5.7 percentage points to 60.55%

Reuters2026/07/24 13:03

By:Reuters

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CBB Bancorp posts Q2 2026 net income of $4.9 million, down 13.6% from Q1; diluted EPS falls to $0.46 from $0.53.
Net interest income rises 3.6% from Q1 to $15.4 million; net interest margin widens 0.09 percentage points to 3.22%.
Noninterest income drops 15.3% to $3.1 million; noninterest expense climbs 10.3% to $11.2 million, pushing the efficiency ratio to 60.55%.
Loans receivable total $1.52 billion, up 3.9% from Q1; deposits slip 1.4% to $1.66 billion.
Loan originations reach $152 million; SBA loan sales total $37.1 million at an 8.2% average premium as the bank opens a Flushing, New York branch.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBB Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260723540469) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CBB Bancorp Q2 FY26 net income drops 13.6% to $4.9 million; efficiency ratio widens 5.7 percentage points to 60.55%

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