Morris State Bancshares Q4 profit rises as NIM improves

Morris State Bancshares

03/02/2026 13:10

Overview

Georgia bank's Q4 net income decreased from Q3 but increased from Q4 2024

Company declared increased quarterly dividend and special dividend

Company received regulatory approval for merger with Vallant Financial

Outlook

Company anticipates completing merger with Vallant Financial by March 2026

Result Drivers

NET INTEREST MARGIN - Improved to 4.48% in 2025 from 4.06% in 2024, driven by better earning-asset yields and reduced cost of funds

ASSET QUALITY - Maintained strong asset quality with nonperforming assets at 0.28% of total loans

MERGER PREPARATION - Regulatory approval received for merger with Vallant Financial, pending final shareholder vote

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.60
Q4 Net Income
$6.37 mln
Q4 Net Interest Income
$17.72 mln
Q4 Basic EPS
$0.60
Q4 Net Interest Margin
4.73%


Press Release: ID:nGNX7gWDVL

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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.)