Oxford Bank Q1 FY26 net income drops 45.9% to $1.53 million

OXFORD BANK CORP

OXFORD BANK CORP

OXBC

0.00
  • Oxford Bank Corporation posted first-quarter net income of $1.53 million, down 45.9% year over year, with earnings per share at $0.62.
  • Net interest income rose 11.1% to $11.18 million, while net interest margin narrowed 0.36 percentage point to 4.79%.
  • Provision for credit losses was $1.01 million, versus a $372,000 release a year earlier.
  • Total assets fell to $902.1 million from $1.09 billion at Dec. 31, reflecting an anticipated reduction tied to a large deposit client; deposits dropped to $740.6 million from $953.3 million.
  • CEO David Lamb said credit-related reserve actions reduced quarterly earnings by about $1.5 million, while Oxford Commercial Finance delivered its strongest production quarter since inception.


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. Oxford Bank Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605111330PR_NEWS_USPR_____DE56382) on May 11, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.