InsCorp, Inc. Reports Third Quarter 2026 Financial Results with 12% Revenue Growth

InsCorp, Inc. (IBTN) has announced its financial results for the third quarter of 2026, highlighted by a 12% year-over-year increase in revenue and steady balance sheet expansion. The company reported fully diluted earnings per share (EPS) of $0.73, showing slight sequential growth from $0.72 in the second quarter. Total average earning assets grew by 13% year-over-year, driven by a 14% increase in loans and a 9% rise in deposits. The bank's strategic expansion into Murfreesboro continues to show momentum, with deposit and loan balances for that specific team increasing significantly compared to previous quarters. Despite the costs associated with this market entry, management noted improved operating leverage and pre-provision pretax income growth of 12% year-over-year. The company also declared a cash dividend of $0.12 per share for the fourth quarter of 2026.

By INSBANK · PR Newswire ·

InsCorp, Inc. Reports Third Quarter 2026 Financial Results with 12% Revenue Growth

Tickers: $IBTN

Topics: deposit growth dividend declaration earnings per share loan growth revenue growth

Read the full article at PR Newswire

More World news