National Bankshares Q2 FY26 net income rises 119.7% to $5.03 million; net interest margin widens 44 bps to 3%
Reuters2026/08/12 20:32- National Bankshares posted net income of USD 5.03 million for the quarter ended June 30, 2026, more than doubled from USD 2.29 million.
- Diluted EPS rose to USD 0.79 from USD 0.36, while return on average assets climbed to 1.10% from 0.51%.
- Net interest margin widened to 3.00% from 2.56% on higher loan and securities yields, partly offset by lower interest-bearing deposit yields.
- Noninterest income increased 16.10% to USD 2.65 million, including a USD 6.57 million gain on an equity investment offset by a USD 6.55 million securities sale loss.
- Noninterest expense fell 12.10% to USD 9.3 million, reflecting the absence of USD 1.98 million in core system conversion costs booked a year earlier.
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