Interest Income Outperforms

Net interest income hit $149 million, surpassing analyst estimates of $148.9 million and supporting a net interest margin of 4 %, above the 3.9 % forecast. The bank’s loan portfolio grew at an 11.6 % annualized rate, while deposits increased 7.7 % annually, though deposit pricing remains intense. Management highlighted margin pressure from competitive loan pricing and expects one rate hike in Q3 2026, projecting a full‑year net interest margin of 3.70‑3.80 %.