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BV Financial Q1 net income drops to $1.1 million; net interest margin widens to 4.36%

PUBT·04/24/2026 14:30:56
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BV Financial Q1 net income drops to $1.1 million; net interest margin widens to 4.36%
  • BV Financial posted net income of $1.1 million for quarter ended March 31, 2026, down 48%.
  • Diluted EPS fell to $0.13.
  • Net interest income rose to $9.1 million as net interest margin widened 24 basis points to 4.36%.
  • Noninterest expense climbed to $7.6 million due to a $2.2 million executive transition payment tied to former Co-President and CEO David Flair’s January resignation.
  • Loans declined $19.3 million to $735.6 million, while deposits edged down $2.6 million to $673.5 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BV Financial Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202604241030ACCESSWRNAPR_____1160931) on April 24, 2026, and is solely responsible for the information contained therein.