Oxford Bank Q2 FY26 net income falls 2.6% to $2.71 million

Reuters2026/08/03 15:15

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Oxford Bank Corporation posted Q2 net income of USD 2.71 million, down 2.63% from a year earlier; EPS slipped to USD 1.09.
Net interest income rose 9.61% to USD 11.63 million, with average earning asset yields increasing to 7.15% from 6.93% in the prior quarter.
Deposits increased USD 29 million from Q1 to USD 769.8 million, while loans grew USD 21 million to USD 722.91 million.
Provision for credit losses totaled USD 240,000, reflecting specific reserve allocations tied to certain nonperforming credits; net recoveries were about USD 130,000.
Management said Oxford Commercial Finance loans and leases reached a record USD 147 million, with municipal banking deposits at about USD 65 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oxford Bank Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608031115PR_NEWS_USPR_____DE17677) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Oxford Bank Q2 FY26 net income falls 2.6% to $2.71 million

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