Alpine Banks of Colorado announces financial results for third quarter 2026
Alpine Banks of Colorado reported Q3 2026 net income of $20.1 million, up 8.6% from $18.5 million a year earlier, with EPS of $1.26 versus $1.16 in Q3 2025. Net interest margin expanded to 3.96% from 3.54% a year ago on higher loan balances, while noninterest expense rose $6.1 million YoY to $51.9 million. Credit quality remains benign with nonperforming loans at 0.34% and annualized net charge-offs of just 0.04%. The company promoted Jay Rickstrew to Vice Chairman/President and Matt Teeters to Chief Retail Officer, allowing CEO Glen Jammaron to focus on top-level priorities, and plans a new Littleton, Colorado branch in Spring 2027.
Key figures
- Eps
- 1.26
- Deposits
- $5.9 billion
- Net income
- $20.1 million
- Net income yoy
- 8.6%
- Dividend per share
- $0.23
- Noninterest income
- $14.5 million
- Net interest income
- $64.3 million
- Net interest margin
- 3.96%
- Noninterest expense
- $51.9 million
- Return on avg assets
- 1.18%
- Aum wealth management
- $1.42 billion
- Loans held for investment
- $4.5 billion
- Nonperforming loans ratio
- 0.34%
- Provision for credit losses
- $2.5 million
- Tangible book value per share
- $38.10
AI analysis
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