Bank of Botetourt Q2 FY26 net income rises 67.3% to $5.3 million
Reuters2026/07/30 12:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Bank of Botetourt Q2 net income rose 67.30% to USD 5.3 million, or USD 2.62 a share.
- Noninterest income more than doubled to USD 3.55 million, boosted by a one-time pre-tax gain of USD 3.8 million.
- Net interest margin widened 49 basis points to 4.02%; provision for credit losses climbed to 505,000.
- Total assets increased 1.50% from year-end to USD 939.41 million; net loans rose 3.01% to USD 772.97 million.
- Board declared a USD 0.25 common dividend payable Aug. 17, with a USD 0.49 preferred dividend payable Aug. 7.
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. Bank of Botetourt published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607300830PR_NEWS_USPR_____PH11100) on July 30, 2026, and is solely responsible for the information contained therein.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Visa, World Bank's IFC Partner to Expand Financial Inclusion
MT newswire•2026/09/09 09:34
Barings Emerging EMEA Opportunities NAV at 984.43p a share as of Sept. 8, 2026 close of business
Reuters•2026/09/09 09:33
Webuild denies seeking €22 billion in extra costs from Italian government
Reuters•2026/09/09 09:33
Crypto prices
MoreBitcoin
BTC
$79,404.71
+1.20%
Ethereum
ETH
$2,507.69
+1.05%
Tether USDt
USDT
$0.9998
+0.02%
BNB
BNB
$756.6
+0.31%
XRP
XRP
$1.43
+2.71%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$104.3
+1.05%
TRON
TRX
$0.3390
+0.22%
Hyperliquid
HYPE
$86.49
+2.94%
Zcash
ZEC
$1,239.87
+9.65%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now