--- title: "Financial Institutions | 8-K: FY2026 Q2 Revenue: USD 64.32 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/293661143.md" datetime: "2026-07-23T20:11:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293661143.md) - [en](https://longbridge.com/en/news/293661143.md) - [zh-HK](https://longbridge.com/zh-HK/news/293661143.md) generator: "portal-rs" --- # Financial Institutions | 8-K: FY2026 Q2 Revenue: USD 64.32 M Revenue: As of FY2026 Q2, the actual value is USD 64.32 M. EPS: As of FY2026 Q2, the actual value is USD 1.04, beating the estimate of USD 0.93. ### Net Income and Profitability Net income available to common shareholders for the second quarter of 2026 was $20,819 thousand, an increase of $3,651 thousand or 21.3% compared to $17,168 thousand in the second quarter of 2025. Net income was $21,184 thousand in Q2 2026, up from $17,532 thousand in Q2 2025, marking a $3,652 thousand or 20.8% increase year-over-year. The efficiency ratio improved to 55.33% in Q2 2026 from 59.68% in Q2 2025, reflecting a -435 basis point improvement. The return on average assets was 1.35% in Q2 2026, compared to 1.13% in Q2 2025, and the return on average tangible common equity was 14.88% in Q2 2026, up from 13.27% in Q2 2025. ### Revenue and Income Streams Net interest income reached $53,361 thousand in Q2 2026, an increase of $4,239 thousand or 8.6% from $49,122 thousand in Q2 2025. The net interest margin (tax-equivalent basis) expanded to 3.70% in Q2 2026, up 21 basis points from 3.49% in Q2 2025. Noninterest income totaled $10,954 thousand in Q2 2026, a 3.2% increase from $10,617 thousand in Q2 2025. Investment advisory income grew to $3,287 thousand in Q2 2026 from $2,885 thousand in Q2 2025, an increase of $402 thousand or 13.9%. Income from derivative instruments, net, increased to $518 thousand in Q2 2026 from $339 thousand in Q2 2025, representing a 52.8% increase. Investments in limited partnerships resulted in a loss of - $140 thousand in Q2 2026, compared to a gain of $307 thousand in Q2 2025, a decrease of - $447 thousand or -145.6%. ### Operational Costs Total noninterest expense was $35,605 thousand in Q2 2026, a slight decrease of - $77 thousand or -0.2% from $35,682 thousand in Q2 2025. Salaries and employee benefits expense increased by $1,095 thousand or 6.1% to $19,165 thousand in Q2 2026, from $18,070 thousand in Q2 2025. Computer and data processing expense decreased by - $367 thousand or -6.2% to $5,512 thousand in Q2 2026, from $5,879 thousand in Q2 2025. Income tax expense was $4,418 thousand in Q2 2026, up from $3,963 thousand in Q2 2025, an increase of 11.5%. ### Loan and Deposit Growth Total loans reached $4,752,965 thousand at June 30, 2026, representing a 4.8% increase from $4,536,002 thousand at June 30, 2025. Commercial business and commercial mortgage loans grew by $269,013 thousand or 9.1% year-over-year to $3,210,384 thousand. Residential real estate loans increased by $15,801 thousand or 2.2% to $738,681 thousand. Consumer indirect and other consumer loans decreased by - $67,851 thousand or -7.8% to $803,900 thousand. Total deposits were $5,299,465 thousand at June 30, 2026, up $143,451 thousand or 2.8% from $5,156,014 thousand at June 30, 2025. ### Credit Quality Non-performing loans were $39,007 thousand at June 30, 2026, an increase of $6,571 thousand or 20.3% from $32,436 thousand at June 30, 2025. The ratio of total non-performing loans to total loans was 0.82% at June 30, 2026, an increase of 11 basis points from 0.72% at June 30, 2025. The allowance for credit losses on loans was $47,497 thousand at June 30, 2026, a 0.4% increase from $47,291 thousand at June 30, 2025. The allowance for credit losses on loans to total loans ratio was 1.00% at June 30, 2026, a decrease of -4 basis points from 1.04% at June 30, 2025. Net charge-offs as a percentage of average loans (annualized) decreased to 0.11% in Q2 2026, compared to 0.36% in Q2 2025, a -25 basis point decrease. Provision for credit losses was $3,108 thousand in Q2 2026, up from $2,562 thousand in Q2 2025, an increase of $546 thousand or 21.3%. ### Capital and Liquidity Shareholders’ equity grew to $643,441 thousand at June 30, 2026, compared to $601,668 thousand at June 30, 2025, primarily due to retained net income. The tangible common equity to tangible assets ratio was 9.02% at June 30, 2026, an increase of 41 basis points from 8.61% at June 30, 2025. The Common Equity Tier 1 Ratio increased to 11.44% at June 30, 2026, up 60 basis points from 10.84% at June 30, 2025. Financial Institutions, Inc. had approximately $1.15 billion in available liquidity at June 30, 2026, excluding brokered deposit capacity, in addition to $99.2 million in cash and cash equivalents and $155.0 million in available unsecured lines of credit. ### Outlook Financial Institutions, Inc. is focused on deposit retention, acquisition, credit-disciplined loan growth, and effective expense management for the third quarter. The company anticipates current rate dynamics are beginning to stabilize deposit costs and aims to preserve margin stability in a competitive environment. Healthy pipelines for commercial loan growth are expected for the second half of the year. ### Related Stocks - [FISI.US](https://longbridge.com/en/quote/FISI.US.md) ## Related News & Research - [Financial Institutions director Mark Zupan acquires 608 common shares worth $24,789.44](https://longbridge.com/en/news/297952734.md) - [A Potential SpaceX Deal Could Meaningfully Accelerate Growth for Technip Stock](https://longbridge.com/en/news/297834854.md) - [Arrowhead Pharmaceuticals (ARWR) Stock Looks Cheap On Cash Flow Yet Fair On Sales](https://longbridge.com/en/news/298117407.md) - [Have Beta Bionics Insiders Been Selling Stock?](https://longbridge.com/en/news/298111067.md) - [Legal & General Group Plc Invests $5.31 Million in International Bancshares Corporation $IBOC](https://longbridge.com/en/news/298014394.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**