Steele Bancorp Q2 FY26 net income more than doubles to $5.26 million; net interest income rises 153.7% to $12.66 million
Reuters2026/08/12 15:56Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Steele Bancorp posted Q2 net income of $5.26 million, more than doubled from a year earlier; EPS rose to $1.54.
- Net interest income climbed 153.7% to $12.66 million, reflecting the August 2025 Northumberland Bancorp merger.
- Noninterest income rose 258.4% to $1.89 million, driven by higher ATM and debit card fees and new trust income.
- Noninterest expense increased 155% to $7.99 million, led by higher salaries and employee benefits and $666,000 of core deposit intangible amortization.
- Total assets were $1.27 billion at June 30, 2026; net loans were $914.04 million and deposits totaled $1.12 billion.
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. Steele Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-027207), on August 12, 2026, and is solely responsible for the information contained therein.
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