Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.88% | -0.15 | 1.02% |
| Return on Equity (%) | ▼ | 6.71% | -1.57 | 8.28% |
| Net Interest Margin (%) | ▲ | 4.79% | +0.56 | 4.23% |
| Efficiency Ratio (%) | ▲ | 59.36% | -1.79 | 61.15% |
| Pre-Provision Profit ($M) | ▲ | $19 | +4.49 | $15 |
| Cost of Funds (%) | ▲ | 1.14% | -0.19 | 1.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,024 | +1451.44 | $3,573 |
| Gross Loans ($M) | ▲ | $3,544 | +1144.40 | $2,399 |
| Loan Growth YoY (%) | ▲ | 84.68% | +5.54 | 79.14% |
| Total Deposits ($M) | ▲ | $4,125 | +1130.03 | $2,995 |
| Shareholders Equity ($M) | ▲ | $668 | +222.18 | $446 |
| Tang. Book Value ($M) | ▲ | $478 | +139.92 | $338 |
| TBV excl. AOCI ($M)** | ▲ | $521 | +144.36 | $377 |
| Loan / Deposit Ratio (%) | ▲ | 84.68% | +5.54 | 79.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.56% | +0.37 | 0.19% |
| Allowance / Loans (%) | — | 1.42% | 0.22% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.56% | +0.28 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.93% | -0.90 | 13.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▃▃▅█ | Net Interest Margin (%) | 4.05% | 4.12% | 4.17% | 4.23% | 4.30% | 4.33% | 4.44% | 4.79% |
| ▁▂▆▆▇▇█▅ | Return on Assets (%) | 0.24% | 0.44% | 1.05% | 1.02% | 1.12% | 1.18% | 1.36% | 0.88% |
| █▇▄▃▂▁▁▂ | Efficiency Ratio (%) | 76.1% | 72.2% | 63.4% | 61.2% | 59.1% | 57.9% | 55.5% | 59.4% |
| █▅▄▄▂▂▂▁ | Cost of Funds (%) | 1.60% | 1.43% | 1.36% | 1.32% | 1.22% | 1.20% | 1.20% | 1.14% |
| ▁▃▂▂▂▂█▇ | NPA / Assets (%) | 0.11% | 0.24% | 0.20% | 0.19% | 0.20% | 0.19% | 0.62% | 0.56% |
| ▁▃▂▂▂▂█▅ | Net Charge-Off Ratio (%) | 0.16% | 0.36% | 0.30% | 0.28% | 0.29% | 0.27% | 0.90% | 0.56% |
| ▁▁▁▁▂▃▃█ | Tang. Book Value ($M) | $322 | $320 | $329 | $338 | $356 | $365 | $370 | $478 |
| ▁▁▁▁▁▂▂█ | Gross Loans ($M) | $2,297 | $2,334 | $2,347 | $2,399 | $2,451 | $2,541 | $2,551 | $3,544 |
| ▁▁▁▁▂▂▂█ | Total Deposits ($M) | $2,922 | $2,911 | $2,931 | $2,995 | $3,077 | $3,097 | $3,148 | $4,125 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 11% |