Commencement Bancorp, Inc. Announces First Quarter 2026 Results
Commencement Bancorp reported Q1 2026 net income of $1.7 million, or $0.44 per share, representing nearly 30% year-over-year earnings growth driven by strong loan demand and deposit growth. Loans increased $15.4 million (11.9% annualized) and deposits grew $13.2 million (8.7% annualized), while net interest margin expanded to 4.20% from 4.17% in the prior quarter.
Key figures
- Eps
- 0.44
- Revenue
- 1700000
- Revenue Yoy
- 30%
- Total Assets
- $697.5 million
- Total Deposits
- $623.5 million
- Loans Receivable
- $539.8 million
- Net Interest Margin
- 4.20%
- Loan Growth Qoq Annualized
- 11.9%
- Deposit Growth Qoq Annualized
- 8.7%
- Nonperforming Assets Percent
- 0.07%
AI analysis
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