River City Bank Reports Third Quarter 2026 Results and Announces a Quarterly Cash Dividend
River City Bank reported Q3 2026 net income of $30.6 million, or $2.16 per share, up 55.5% from $19.7 million a year earlier, and declared a $0.05 quarterly dividend. The headline surge was driven largely by a $17.1 million mark-to-market gain on undesignated interest rate swaps tied to rising Treasury rates; adjusted EPS excluding that gain was $1.29, down from $1.43 a year ago. Core fundamentals remained solid: core PTPP income rose 15% sequentially to $29.3 million, average loans grew 8% YoY, deposits grew 16% YoY, and the Bank had zero non-performing loans with a 2.30% ACL ratio.
Key figures
- Eps
- 2.16
- Revenue
- 77045000
- Revenue Yoy
- 7.4% (interest income Q3 YoY)
- Nim q3
- 2.39%
- Roaa q3
- 1.92%
- Roae q3
- 21.06%
- Acl ratio
- 2.30%
- Total loans
- 4849645000
- Total assets
- 6381595000
- Net income 9m
- 68171000
- Net income q3
- 30609000
- Total deposits
- 5613774000
- Adjusted eps q3
- 1.29
- Loans yoy growth
- 9.3%
- Mtm swap gain q3
- 17149000
- Dividend per share
- 0.05
- Core ptpp income q3
- 29294000
- Deposits yoy growth
- 15.5%
- Efficiency ratio q3
- 19.43%
- Book value per share
- 42.32
- Non performing loans
- 0.00%
- Share repurchases 9m
- 15500000
- Tier1 leverage ratio
- 9.39%
- Net income q3 yoy pct
- 55.5%
- Total risk based capital ratio
- 14.61%
AI analysis
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