Rhinebeck Bancorp posts Q3 net income

Rhinebeck Bancorp

28/10/2025 20:32

Overview

Rhinebeck Bancorp Q3 net income at $2.7 mln, reversing a loss from last year

Net interest income rose 24.5% to $12.0 mln, driven by higher asset yields

Company's net interest margin improved to 3.93% from 3.25% last year

Outlook

Company did not provide specific financial guidance for future periods

Result Drivers

HIGHER ASSET YIELDS - Net interest income increased due to higher yields on interest-earning assets and lower costs on liabilities

BALANCE SHEET RESTRUCTURING - Restructuring improved yield on available-for-sale securities, aiding net interest margin

ASSET QUALITY IMPROVEMENT - Decrease in non-performing assets and past due loans indicates improved asset quality

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$2.69 mln
Q3 Net Interest Income
$12.03 mln
Q3 Net Interest Margin
3.93%
Q3 Pretax Profit
$3.34 mln
Q3 Provision for Credit Losses
$904,000


Press Release: ID:nACSCcPM2a

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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.)