Steele Bancorp Q2 FY26 net income more than doubled to $5.26 million; net interest income rises 153.7% to $12.66 million

STEELE BANCORP INC

STEELE BANCORP INC

STLE

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  • Steele Bancorp posted Q2 net income of $5.26 million, more than doubled from a year earlier; EPS rose to $1.54.
  • Net interest income climbed to $12.66 million, up 153.7% year over year; GAAP net interest margin widened 90 basis points to 4.31%.
  • Noninterest income increased to $1.89 million, more than doubled; driven by added trust fees from the Northumberland deal.
  • Noninterest expense rose to $7.99 million, up 155%; reflecting higher salaries and benefits, including $666,000 of core deposit intangible amortization.
  • Total assets edged up 1% from Dec. 31 to $1.27 billion; deposits increased $9.92 million, while subordinated debt fell $9.89 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. Steele Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-023746), on July 17, 2026, and is solely responsible for the information contained therein.