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Lake Shore Bancorp reported unaudited third-quarter 2026 net income of $2.3 million, or $0.31 per diluted share, compared with $2.4 million, or $0.32 per share, a year earlier. For the first nine months, net income rose to $6.4 million, or $0.87 per diluted share, from $5.3 million. Net interest income grew $786,000, or 12.4%, year over year, partly offset by a higher provision for credit losses. The year-over-year decline in quarterly net income was attributed to two one-time non-interest income events in third-quarter 2025. Net interest margin rose to 4.17% from 3.72% a year earlier, the efficiency ratio improved to 60.95%, and the bank remains well capitalized with a Tier 1 Leverage ratio of 17.56%.
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Fulton Financial reported third-quarter 2026 net income available to common shareholders of $114.1 million, or $0.59 per diluted share, up $0.07 per share from the second quarter, and operating net income of $119.8 million, or $0.62 per diluted share. For the first nine months, net income was $306.1 million ($1.62 per diluted share) and operating net income was $335.3 million ($1.77 per diluted share). Net interest margin was 3.58%, a decline of two basis points from the prior quarter, while non-interest expense fell $12.4 million to $218.5 million from $231.0 million. The corporation repurchased 2,325,000 shares at an average of $24.14 during the quarter, and its common equity Tier 1 capital ratio was 12.2%. Chairman, CEO and President Curtis J. Myers called the results record financial results, following completion of the Blue Foundry Bank integration.
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Eagle Bancorp reported third-quarter 2026 net income of $24.2 million, or $0.79 per share, up $17.3 million from the second quarter, mainly because its provision for credit losses was $18.6 million lower. Net interest income fell $1.0 million, noninterest income fell $1.2 million, and noninterest expense rose $3.1 million, so pre-provision net revenue dropped to $23.8 million from $29.1 million. Nonperforming assets rose $52.9 million to $166.0 million, mostly due to one significant relationship, and CEO Steve Curley said the asset quality work is not complete. Annualized net charge-offs fell to 0.25% from 2.78%, while the net interest margin rose to 2.60% from 2.52%. The company also declared a $0.01 per-share cash dividend payable November 17, 2026.
- United Bancshares, Inc. Announces Third Quarter 2026 Results and $0.26 Dividend
United Bancshares (OTCQX: UBOH) reported net income of $5.2 million ($1.90 per share) for the third quarter of 2026, up from $3.0 million ($1.01 per share) a year earlier, and $10.5 million ($3.83 per share) year to date. Return on average tangible equity was 25.73% for the quarter, compared with 15.89% a year earlier. Net interest margin rose to 3.87% from 3.76% in the same period of 2025, and loans grew $43.4 million, or 7.01% annualized since December 31, 2025. Core deposits grew $54.4 million, or 7.48% annualized, and the company said credit quality remained stable, with an allowance for credit losses of 1.08% of loans at September 30, 2026. The board declared a quarterly dividend of $0.26 per share, payable on December 15, 2026 to shareholders of record on November 30, 2026, a 13% increase from the same quarter in 2025.
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