Exchange Bank Q2 profit rises on higher net interest income

Exchange Bank

30/07/2026 20:34

Overview
Community bank's Q2 net income rose yr/yr as net interest income increased
Total assets declined 2.6% yr/yr, with deposits down 4.2%
Non-interest income fell and non-interest expense rose compared to prior year quarter

Outlook
Company did not provide specific guidance for the current or future periods

Result Drivers
NET INTEREST INCOME - Growth in net interest income was driven by higher interest and fees on loans and a reduction in interest expense
NON-INTEREST INCOME - Non-interest income declined yr/yr, reducing overall revenue growth
OPERATING COSTS - Non-interest expense increased, mainly due to higher salary and benefit costs

Company press release: ID:nBw7jSSxGa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
 
$7.30 mln
 
Q2 Net Interest Income
 
$24.24 mln
 
Q2 Basic EPS
 
$4.26
 
Q2 Pretax Profit
 
$9.78 mln
 

Reuters Recommended Reads
July 30 - Cullen/Frost Bankers Q2 net income rises on loan and deposit growth 
July 30 - Red River Bancshares Q2 net interest margin rises,expects higher loan growth in H2
July 30 - CW Bancorp Q2 net interest income rises

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)