CW Bancorp Reports Q2 2026 Financial Results with EPS Growth and Strong Balance Sheet
CW Bancorp (OTCQX: CWBK) reported second quarter net income of $3.1 million, or $1.06 per diluted share for the three months ended June 30, 2026, representing a 4% increase in EPS compared to Q2 2025. For the six-month period ending on the same date, earnings rose by 13%, reaching $2.24 per diluted share with net income of $6.6 million. Key highlights include a 10% growth in net interest income for the quarter and an increase in non-interest-bearing deposits to 67% of total deposits, up 17% year-over-year. The company maintained strong capital ratios—leverage at 11.14%, risk-based capital ratio at 17.71%—and reported no outstanding Federal Reserve Bank or FHLB borrowings. Chairman and CEO Ivo Tjan emphasized the resilience of their business model, noting disciplined credit management and asset-liability strategies as key to maintaining profitability for a record 66th consecutive quarter.
Topics: banking capital_ratios net_income_growth