First Carolina Financial Services Reports Net Income of $7.9 Million, or $0.26 Per Diluted Share, for the Third Quarter of 2026
RALEIGH, N.C.--(BUSINESS WIRE)--First Carolina Financial Services, Inc. (NYSE: FCBM) (“First Carolina,” the “Company,” “we,” “our,” or “us”), today reported net income of $7.9 million, or $0.26 per diluted share, for the third quarter of 2026, compared to a loss of $2.0 million, or a loss of $0.08 per diluted share, for the third quarter of 2025. These results reflect a $9.9 million increase in net income compared to the third quarter of 2025. All per share data has been adjusted to reflect the two-for-one stock split completed on June 17, 2026. First Carolina Financial Services, Inc. (NYSE: FCBM) has reported a net income of $7.9 million for the third quarter of 2026, or $0.26 per diluted share, compared to a loss of $2.0 million for Q3 2025. This is a $9.9m increase in net income compared to the third year of 2025. The company's net interest margin expanded to 3.38% for the quarter, driven by continued loan repricing, higher yields on new originations, and well-managed funding costs. Ron Day, Chairman, President, and Chief Executive Officer, highlighted the company's progress in expanding its service offerings, including offering prepaid cards as a payment modality for universities participating in our pilot program. The Company also expanded its Commercial Banking, Payments, Consumer Banking and Wealth Management businesses.
Опубликовано : 23 часа назад от в Business Finance
RALEIGH, N.C.--(BUSINESS WIRE)--First Carolina Financial Services, Inc. (NYSE: FCBM) (“First Carolina,” the “Company,” “we,” “our,” or “us”), today reported net income of $7.9 million, or $0.26 per di... [14840 symbols]
Темы: Environment-ESG
