Mission Valley Bancorp Q2 FY26 net income rises to $1.8 million; net interest income increases 7.5% to $8 million

Reuters2026/07/31 21:22

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Mission Valley Bancorp posted Q2 2026 net income of $1.8 million, up 50% from a year earlier; diluted EPS rose to $0.54.
Net interest income increased 7.5% to $8 million; net interest margin narrowed 4 basis points to 4.34%.
Non-interest income climbed 20.74% to $2.7 million; sale of $18.4 million of loan principal generated a $1.1 million gain.
Net charge-offs rose to $1.1 million; non-accrual loans increased to $12.2 million, while classified loans climbed to $32.8 million.
CEO Tamara Gurney cited net core deposit growth of $19.6 million, loan growth of $4.7 million, and continued push into new markets including Arcadia.

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. Mission Valley Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 20260731499665) on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mission Valley Bancorp Q2 FY26 net income rises to $1.8 million; net interest income increases 7.5% to $8 million

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