Quarterly ResultOct 21, 2026, 11:21 AM
Consumers Bancorp Q1 Net Income Up 15.3% to $3.0M; Loans Grow 13.2%
AI Summary
Consumers Bancorp, Inc. reported a strong first fiscal quarter of 2027 with net income up 15.3% year-over-year to $3.0 million, or $0.96 per share. Net interest income increased by 12.9% to $10.8 million, driven by a 13.2% annualized growth in total loans and an 8.8% annualized increase in total deposits. The company also highlighted strong asset quality with non-performing loans at 0.06% of total loans and annualized net charge-offs at 0.01%. Expansion initiatives, including new branches, are underway to support future growth.
Key Highlights
- Net income increased 15.3% YoY to $3.0 million ($0.96 EPS) for Q1 FY2027.
- Net interest income rose 12.9% YoY to $10.8 million.
- Total loans grew 13.2% annualized to $968.4 million.
- Total deposits increased 8.8% annualized to $1.15 billion.
- Non-performing loans were 0.06% of total loans as of September 30, 2026.
- Annualized net charge-offs to total loans were 0.01%.
- Other income increased 7.9% YoY to $1.59 million.
- Other expenses increased 9.5% YoY to $8.35 million.
Price Impact
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