Overview
US thrift holding company's Q2 net income and EPS rose yr/yr and sequentially
Net interest income and non-interest income increased from prior quarter and yr/yr
Non-interest expense declined from a year ago
Outlook
Company did not provide specific guidance or outlook for future periods in its press release
Result Drivers
NON-INTEREST INCOME - Non-interest income increased to $2.5 mln from $1.9 mln in the prior qtr and $0.5 mln a yr ago
NON-INTEREST EXPENSE - Non-interest expense declined to $11.7 mln from $12.2 mln a yr ago
Company press release: ID:nPn8mKjhda
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$1.30
Q2 Net Income
$9.41 mln
Q2 Net Interest Income
$21.75 mln
Q2 Credit Loss Provision
$100,000
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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.)