Freedom Financial Holdings Reports Q3 2026 Earnings Growth and Increases Share Repurchase Authorization
Freedom Financial Holdings (FDVA) reported a significant increase in net income for the third quarter of 2026, reaching $1,194,648 or $0.17 per diluted share. This represents a 312% increase compared to the second quarter of 2026 and a 6.39% increase year-over-year. The company attributed this growth to improvements in loan and deposit growth, as well as enhanced credit quality. Despite rising interest rates impacting mortgage activity and tangible book value, the company demonstrated operational resilience through expense management and asset growth. Total assets rose to $1.06 billion. Following the completion of a previous buyback program, the Board of Directors authorized the repurchase of an additional 150,000 shares, signaling confidence in the company's long-term value.
Tickers: $FDVA
Topics: bylaws amendment deposit growth loan growth net income share repurchase
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Part of the story Freedom Financial Holdings Reports Q3 2026 Earnings Growth and Increases Share Repurchase Authorization (27 articles)