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Recent Updates — STLE

October 23, 2026View Source ↗

Steele Bancorp reported third-quarter 2026 net income of $5.46 million, a 60.1% decrease from the $13.68 million recorded in the same period last year. Earnings per share fell to $1.60 from $4.77. The decline was primarily driven by the absence of a $17.83 million bargain purchase gain recognized during the 2025 merger with Northumberland Bancorp, as well as higher income tax provisions. Net interest income rose 38.1% to $13.63 million due to loan and securities growth, while noninterest expense decreased 25.4% to $8.12 million following the elimination of one-time merger costs. The company operates in the banking industry as a bank holding company serving Pennsylvania counties.

July 17, 2026View Source ↗

Steele Bancorp, Inc. reported second quarter 2026 earnings with net income of $5.26 million, a 188.8% increase compared to $1.82 million for the same period in 2025. Net interest income rose 153.7% to $12.66 million, driven by growth in loan and securities balances following the merger with Northumberland Bancorp, Inc. The company declared a dividend of $0.76 per share. Steele Bancorp, Inc. is a bank holding company that provides banking services through its subsidiary, Central Penn Bank & Trust.