Community lender Security Federal's Q4 profit rises on higher interest income

Security Federal

30/01/2026 18:44

Overview

U.S. bank holding firm's Q4 net income rose, driven by higher net interest income

Non-interest income increased 35.4% in Q4, primarily due to grant and rental income

Company's non-interest expense rose 16% in Q4 due to higher salaries and benefits

Outlook

Company did not provide specific guidance for future quarters or full year 2026 in press release

Result Drivers

NET INTEREST INCOME - Increased due to a reduction in total interest expense exceeding the decrease in interest income

NON-INTEREST INCOME - Boosted by increased grant income from CDFI Fund and rental income from new property

CREDIT LOSS REVERSAL - Reversal of provisions for credit losses contributed positively to results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Interest Income
$12.55 mln
Q4 Basic EPS
$1.24
Q4 Pretax Profit
$5.39 mln


Press Release: ID:nGNX9tHZTq

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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.)