Triad Business Bank Reports Third Quarter Financial Results
Triad Business Bank has released its third-quarter financial results, showing a mixed performance in key metrics. While total revenue saw a year-over-year decline of 14.6% to $0.41 million, the bank experienced significant growth in net interest income, which rose 15.9% to reach $3.86 million. The bank's balance sheet showed steady expansion, with total outstanding loans increasing by 6.9% year-over-year to $421.66 million. Additionally, total deposits grew by 4.1%, bringing the total deposit base to $471.96 million.
Tickers: $TBBC
Topics: deposits loans net interest income revenue