Overview
US regional bank's Q1 net income and EPS rose modestly yr/yr
Company's net interest margin declined to 3.26% from 3.33% yr/yr
Accumulated other comprehensive loss on securities widened due to higher interest rates
Outlook
Company did not provide specific guidance for future quarters or the full year
Result Drivers
DEPOSIT GROWTH - Total deposits rose 6.83% from December 31, 2025, including growth in brokered deposits
LIQUIDITY POSITION - Management cited sufficient liquidity due to low loan-to-deposit ratio and high net funding availability
SECURITIES LOSSES - Unrealized losses on securities available for sale widened due to higher interest rates, but management does not expect these to be permanent
Company press release: ID:nBwbVxZM6a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Interest Margin
3.26%
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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.)