Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.35 | 1.29% |
| Return on Equity (%) | ▲ | 11.75% | +1.59 | 10.16% |
| Net Interest Margin (%) | ▲ | 4.54% | +0.39 | 4.14% |
| Efficiency Ratio (%) | ▲ | 47.48% | -4.74 | 52.22% |
| Pre-Provision Profit ($M) | ▲ | $60 | +10.50 | $49 |
| Cost of Funds (%) | ▲ | 1.58% | -0.26 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $9,887 | +320.50 | $9,566 |
| Gross Loans ($M) | ▲ | $7,485 | +437.79 | $7,047 |
| Loan Growth YoY (%) | ▲ | 94.15% | +2.57 | 91.59% |
| Total Deposits ($M) | ▲ | $7,834 | +249.19 | $7,585 |
| Shareholders Equity ($M) | ▲ | $1,373 | +146.61 | $1,226 |
| Tang. Book Value ($M) | ▲ | $1,155 | +144.94 | $1,010 |
| TBV excl. AOCI ($M)** | ▲ | $1,238 | +150.79 | $1,087 |
| Loan / Deposit Ratio (%) | ▲ | 94.15% | +2.57 | 91.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.71% | +0.08 | 0.63% |
| Allowance / Loans (%) | — | 1.45% | 0.03% | 1.42% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.14 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.64% | +0.68 | 12.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▄▆▇█ | Net Interest Margin (%) | 4.17% | 4.18% | 4.18% | 4.14% | 4.29% | 4.40% | 4.47% | 4.54% |
| ▃▃▃▁▁▄▅█ | Return on Assets (%) | 1.41% | 1.41% | 1.39% | 1.29% | 1.33% | 1.45% | 1.47% | 1.64% |
| ▅▅▆█▇▅▄▁ | Efficiency Ratio (%) | 50.1% | 50.0% | 50.5% | 52.2% | 51.4% | 50.2% | 49.8% | 47.5% |
| ▆█▅▃▄▃▁▁ | Cost of Funds (%) | 2.15% | 2.37% | 2.02% | 1.83% | 1.89% | 1.81% | 1.66% | 1.58% |
| ▃▇▅▁▇▄█▅ | NPA / Assets (%) | 0.67% | 0.76% | 0.71% | 0.63% | 0.75% | 0.69% | 0.78% | 0.71% |
| ▅█▅▁▅▃▆▅ | Net Charge-Off Ratio (%) | 0.92% | 1.02% | 0.90% | 0.76% | 0.92% | 0.85% | 0.95% | 0.90% |
| ▁▃▂▃▅▇██ | Tang. Book Value ($M) | $927 | $985 | $974 | $1,010 | $1,062 | $1,102 | $1,134 | $1,155 |
| ▁▁▁▂▆███ | Gross Loans ($M) | $6,905 | $6,899 | $6,910 | $7,047 | $7,354 | $7,461 | $7,523 | $7,485 |
| ▁▃▂▃▇█▅▇ | Total Deposits ($M) | $7,377 | $7,533 | $7,496 | $7,585 | $7,843 | $7,946 | $7,688 | $7,834 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 49% |
| C&I / Commercial | 31% |
| Other | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |