BV Financial Q1 FY26 net income drops 57.69% to $1.1 million

BV Financial, Inc.

BV Financial, Inc.

BVFL

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  • BV Financial posted net income of USD 1.1 million, or USD 0.13 per diluted share, for quarter ended March 31, 2026, down from USD 2.6 million, or USD 0.21 per diluted share, a year earlier.
  • Net interest income rose to USD 9.1 million from USD 8.6 million, lifting net interest margin to 4.36% from 4.12%.
  • Provision for credit losses swung to a USD 11,000 reversal from a USD 297,000 provision.
  • Noninterest expense climbed to USD 7.6 million from USD 6.2 million, as compensation and benefits costs rose USD 1.3 million on a USD 2.2 million executive retirement payment.


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