CHAIN BRIDGE BANCORP INC 1Q 2026: Revenue $15.54M, EPS $1.08— 10-Q Summary

Chain Bridge Bancorp Inc reported a strong first quarter for 2026, with revenue of $15.54M, net income of $7.07M, and diluted EPS of $1.08, reflecting year-over-year increases of 5.4%, 26.1%, and 27.1%, respectively. The growth was driven by higher net interest income and a significant rise in fee income. Notably, One-Way Sell® ICS deposits surged to $595M, and trust and wealth management assets grew by 74% to $711.7M. The company also increased staffing and IT investments to support its growth strategy.

Chain Bridge Bancorp Inc reported first-quarter 2026 results with revenue of $15.54M, net income of $7.07M and diluted EPS of $1.08, all reflecting year-over-year gains driven by higher net interest income and a surge in fee income.

Financial Highlights

Revenue was $15.54M total interest & dividend income for Q1 2026, compared with $14.74M in Q1 2025; YoY change 5.4%.
Net income was $7.07M for Q1 2026, compared with $5.61M in Q1 2025; YoY change 26.1%.
Diluted EPS was $1.08 for Q1 2026, compared with $0.85 in Q1 2025; YoY change 27.1%.

Business Highlights

Revenue growth: Net income rose 26% YoY driven by an 8% increase in net interest income and a 248% jump in noninterest income from deposit placement fees.
Deposit channel shift: One‑Way Sell® ICS deposits increased significantly to $595M, supporting fee income and off‑balance-sheet liquidity management.
Product and channel momentum: Trust and wealth management assets under administration grew to $711.7M, up 74%, boosting recurring custody and AUM fees.
Operational capacity: The company increased staffing and IT spending—higher salaries, professional services, and data processing costs—to support growth.
Liquidity and asset deployment: Excess cash was reallocated into short‑term Treasuries and taxable securities to better match maturities with expected deposit outflows.

Original SEC Filing: CHAIN BRIDGE BANCORP INC [ CBNA ] - 10-Q - May. 12, 2026

Disclaimer

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

Financial Highlights

Revenue was $15.54M total interest & dividend income for Q1 2026, compared with $14.74M in Q1 2025; YoY change 5.4%.
Net income was $7.07M for Q1 2026, compared with $5.61M in Q1 2025; YoY change 26.1%.
Diluted EPS was $1.08 for Q1 2026, compared with $0.85 in Q1 2025; YoY change 27.1%.

Business Highlights

Revenue growth: Net income rose 26% YoY driven by an 8% increase in net interest income and a 248% jump in noninterest income from deposit placement fees.
Deposit channel shift: One‑Way Sell® ICS deposits increased significantly to $595M, supporting fee income and off‑balance-sheet liquidity management.
Product and channel momentum: Trust and wealth management assets under administration grew to $711.7M, up 74%, boosting recurring custody and AUM fees.
Operational capacity: The company increased staffing and IT spending—higher salaries, professional services, and data processing costs—to support growth.
Liquidity and asset deployment: Excess cash was reallocated into short‑term Treasuries and taxable securities to better match maturities with expected deposit outflows.

Original SEC Filing: CHAIN BRIDGE BANCORP INC [ CBNA ] - 10-Q - May. 12, 2026

Disclaimer

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.