Quarterly ResultMay 13, 2026, 07:37 AM
Marathon Bancorp Q3 Net Income +229% to $488K; EPS $0.18
AI Summary
Marathon Bancorp reported a substantial increase in net income for the three and nine months ended March 31, 2026. Quarterly net income surged by 229% to $488,000, with basic EPS rising to $0.18. Year-to-date net income also saw a significant increase of 283% to $1.43 million, with basic EPS reaching $0.53. The company's total assets grew to $249.0 million, driven by a 5.4% increase in net loans.
Key Highlights
- Q3 Net Income: $487,863, up 229% from $148,403 year-over-year.
- Q3 Basic EPS: $0.18, up from $0.05 year-over-year.
- YTD Net Income: $1,433,552, up 283% from $374,437 year-over-year.
- YTD Basic EPS: $0.53, up from $0.13 year-over-year.
- Total Assets: $249.0 million as of March 31, 2026, up 4.3% from $238.8 million.
- Net Loans: $211.7 million as of March 31, 2026, up 5.4% from $200.8 million.
- Q3 Net Interest Income: $2.06 million, up 40.6% from $1.46 million year-over-year.
- YTD Net Interest Income: $6.07 million, up 41.5% from $4.29 million year-over-year.