Earnings ·
ECB Bancorp reports Q3 net income of $3.4 million, or $0.40 diluted EPS
ECBKECB Bancorp, Inc.
ECB Bancorp, Inc. reported third-quarter 2026 financial results with net income of $3.4 million, or $0.40 per diluted share, compared to $3.3 million, or $0.39 per diluted share, in the prior quarter. Net interest and dividend income rose 7.5% to $10.8 million as the net interest margin expanded 11 basis points to 2.56%. Total assets grew 1.3% to $1.69 billion, driven by a $55.5 million increase in total loans. Noninterest expense increased 8.0% to $6.3 million due to new hires and marketing investments related to the opening of a Medford branch. ECB Bancorp is the holding company for Everett Co-operative Bank, providing financial services through four full-service branches in Massachusetts.