-+ 0.00%
-+ 0.00%
-+ 0.00%
Redwood Capital Bancorp Q2 FY26 net income climbs 41% to $1.58 million; EPS more than doubles to $0.84
Share
Listen to the news
Redwood Capital Bancorp Q2 FY26 net income climbs 41% to $1.58 million; EPS more than doubles to $0.84
  • Redwood Capital Bancorp posts Q2 net income of $1.58 million, up 41% from a year earlier; fully diluted EPS rises to $0.84.
  • Net interest income climbs 14% to $5.4 million; provision for loan losses is $108,000 versus a negative provision a year earlier.
  • Total assets increase 2% from a year earlier to $563.38 million; loans grow 5% to $402.33 million, deposits rise 3% to $504.55 million.
  • Board declares a $0.10 quarterly cash dividend, payable Aug. 7, equivalent to $0.40 annualized.
  • President Jennifer P. Budwig cites solid loan growth, an expanded net interest margin, strong credit quality, capital and liquidity; leadership transition from John E. Dalby is progressing as planned.


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. Redwood Capital Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202607290902BIZWIRE_USPR_____20260729_BW045098) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending