Quarterly ResultApr 28, 2026, 04:22 PM
CBNA Q1 Net Income $7.1M, EPS $1.08; Deposits $1.7B
AI Summary
Chain Bridge Bancorp, Inc. reported strong first-quarter 2026 financial results with net income rising to $7.1 million, a 26.8% increase year-over-year, and diluted EPS reaching $1.08. The company saw significant growth in total deposits to $1.7 billion and a substantial increase in IntraFi Cash Service One-Way Sell deposits to $595.0 million, largely due to political organization deposit inflows. Net interest income and noninterest income also increased, contributing to improved profitability and a higher return on average equity of 16.56%.
Key Highlights
- Consolidated Net Income increased 26.8% YoY to $7.1 million.
- Earnings Per Share rose 27.1% YoY to $1.08 per basic and diluted share.
- Return on Average Equity was 16.56% on an annualized basis.
- Total Deposits grew to $1.7 billion, up from $1.6 billion in Q4 2025.
- IntraFi Cash Service One-Way Sell deposits surged to $595.0 million.
- Net Interest Income increased 8.0% YoY to $14.9 million.
- Trust & Wealth Assets Under Administration (AUA) reached $711.7 million.
- Book Value Per Share increased to $26.65 from $23.09 a year ago.