IF Bancorp Q2 net income rises

IF Bancorp

30/01/2026 21:25

Overview

Savings and loan holding company reported fiscal Q2 net income rose yr/yr

Net interest income for fiscal Q2 increased yr/yr

Company's pending merger with ServBanc expected to close in Q1 2026

Outlook

Company merger with ServBanc expected to close in Q1 2026

Result Drivers

NET INTEREST INCOME - Increase driven by significant reduction in interest expenses, despite a decline in interest income

NONINTEREST EXPENSES - Rise due to increased professional services related to pending merger with ServBanc

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Basic EPS
$0.41
Q2 Net Income
$1.33 mln
Q2 Net Interest Income
$5.97 mln
Q2 Pretax Profit
$1.82 mln
Q2 Provision for Credit Losses
$34,000


Press Release: ID:nBw8yBcLa

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(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.)