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Bank of Botetourt Q2 FY26 net income rises 67.3% to $5.3 million
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Bank of Botetourt Q2 FY26 net income rises 67.3% to $5.3 million
  • Bank of Botetourt Q2 net income rose 67.30% to USD 5.3 million, or USD 2.62 a share.
  • Noninterest income more than doubled to USD 3.55 million, boosted by a one-time pre-tax gain of USD 3.8 million.
  • Net interest margin widened 49 basis points to 4.02%; provision for credit losses climbed to 505,000.
  • Total assets increased 1.50% from year-end to USD 939.41 million; net loans rose 3.01% to USD 772.97 million.
  • Board declared a USD 0.25 common dividend payable Aug. 17, with a USD 0.49 preferred dividend payable Aug. 7.


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. Bank of Botetourt published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607300830PR_NEWS_USPR_____PH11100) on July 30, 2026, and is solely responsible for the information contained therein.

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