Quarterly ResultMay 8, 2026, 10:32 AM
Consumers Bancorp Q3 Net Income +52% to $2.82M; EPS $0.90
AI Summary
Consumers Bancorp reported a significant increase in net income and earnings per share for the three and nine months ended March 31, 2026. Net income for the quarter rose by 52.19% to $2.817 million, with EPS reaching $0.90. For the nine-month period, net income increased by 28.73% to $8.206 million, and EPS grew to $2.61. The company also saw growth in total assets, loans, and deposits.
Key Highlights
- Net income for the three months ended March 31, 2026, increased 52.19% to $2.817 million from $1.851 million year-over-year.
- Basic and diluted EPS for the quarter rose 52.54% to $0.90 from $0.59 compared to the prior year.
- Net income for the nine months ended March 31, 2026, grew 28.73% to $8.206 million from $6.374 million.
- Basic and diluted EPS for the nine months increased 27.94% to $2.61 from $2.04 year-over-year.
- Total assets increased to $1.238 billion at March 31, 2026, from $1.165 billion at June 30, 2025.
- Total loans grew to $904.057 million at March 31, 2026, from $813.458 million at June 30, 2025.
- Total deposits increased to $1.109 billion at March 31, 2026, from $1.036 billion at June 30, 2025.
- Cash dividends declared for the quarter increased to $0.21 per share from $0.19 per share.