Quarterly UpdatesOct 6, 2026, 08:31 AM
Safe Harbor Q3 Deposits Rise 7.4% YoY to $119.3M; Fed Rate Hike to Add $150K Income
AI Summary
SHF Holdings, Inc. (Safe Harbor) announced preliminary, unaudited deposit information for the third quarter ended September 30, 2026. The company reported a trailing 14-day average deposit balance of approximately $119.3 million, marking a 7.4% year-over-year increase and accelerating growth for the second consecutive quarter. Safe Harbor also anticipates that a recent Federal Reserve rate hike will contribute approximately $150,000 in annualized investment income. The company cautioned that these results are preliminary, unaudited, and subject to final review.
Key Highlights
- Trailing 14-day average deposits reached approximately $119.3 million as of September 30, 2026, up 7.4% year-over-year.
- Deposit growth accelerated for the second consecutive quarter, with a 9.6% sequential increase in Q3 2026.
- The trailing 14-day average deposit balance is the highest since April 2024.
- Federal Reserve rate increase is expected to add approximately $150,000 in annualized investment income.
- Preliminary deposit information is unaudited and subject to completion of closing procedures.
Price Impact
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