White River Bancshares Co. Reports Record Net Income of $5.1 million, or $1.04 Per Diluted Share, for the Third Quarter of 2026
White River Bancshares reported record Q3 2026 net income of $5.1 million, or $1.04 per diluted share, up 44% from $0.72 a year earlier. Net interest income rose 11.9% YoY to $14.3 million with a stable 3.59% net interest margin, and the company recorded no provision for credit losses, aided by $474,000 in net loan recoveries. Net loans grew 10.9% YoY to $1.375 billion and deposits rose 11.4% to $1.432 billion, while tangible book value per share climbed 10.2% to $24.10.
Key figures
- Eps
- 1.04
- Eps Beat
- 0
- Revenue
- 14333262
- Revenue Yoy
- 11.9% (net interest income Q3 YoY)
- Roaa
- 1.22%
- Roae
- 16.40%
- Net loans
- 1375102848
- Npl ratio
- 0.03%
- Net income
- 5099215
- Tier 1 ratio
- 11.76%
- Total assets
- 1646600926
- Leverage ratio
- 9.64%
- Total deposits
- 1431825086
- Allowance ratio
- 1.17%
- Net interest margin
- 3.59%
- Net loan recoveries
- 474449
- Nine month net income
- 12655115
- Nine month eps diluted
- 2.58
- Net income prior quarter
- 4171163
- Provision for credit losses
- 0
- Net income prior year quarter
- 3537879
- Tangible book value per share
- 24.1
- Total risk based capital ratio
- 13.01%
AI analysis
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