CBKM · Consumers Bancorp, Inc.

Consumers Bancorp delivered strong Q3 FY2026 results with net income of $2.8 million, a 52.2% increase from $1.9 million in the prior year quarter, driven by net interest income growth to $10.1 million (up 18.2%) from higher yields on interest-earning assets at 5.21% and a stable cost of funds at 2.25%, expanding the net interest margin to 3.53%. Year-to-date, net income rose 28.7% to $8.2 million, supported by $29.5 million in net interest income (up 18.6%), reflecting loan growth and margin expansion to 3.45%. Management highlighted record loan originations of $122.6 million YTD (up 70.1%), driving a $90.6 million increase in total loans to $904.1 million, with undisbursed commitments at $49.1 million signaling future growth. Deposit growth of $73.1 million bolstered funding, while asset quality remained pristine with non-performing loans at 0.06% and net charge-offs of 0.04% annualized YTD. Noninterest income grew 11.2% from debit card interchange, mortgage banking, and swap fees, offsetting a 13.8% rise in expenses tied to lending staff and new branches. Book value per share advanced to $27.62 from $24.25, with ROAE at 13.04% and ROAA at 0.91%. CEO Ralph J. Lober II emphasized robust underwriting, credit management, and contributions from new branches amid steady Federal Funds rates.