0001903596-26-000215
SEC filingRevenue was $837.0K (-4.6%) Net Income was $3.1M (60.5%) Eps was $0.13 (62.5%)
Revenue totaled $837.0K for Q1 FY2026, a decrease of 4.6% from $877.0K in Q1 FY2025. Despite this modest top-line decline, net income increased significantly to $3.1M (60.5% higher than $1.9M in Q1 FY2025), and diluted EPS rose to $0.13 (62.5% higher than $0.08). This divergence underscores the effectiveness of margin expansion and expense discipline in driving bottom-line growth.
Net cash provided by operating activities was $3.8M for Q1 FY2026, more than doubling from $2.0M in Q1 FY2025. This strong cash generation reflects high-quality earnings conversion and efficient working capital management, reinforcing the sustainability of reported profitability.
Liquidity remains closely monitored through liquid assets including cash, due from banks, federal funds sold, and unpledged available-for-sale investments. The Bank continues to be subject to various capital requirements administered by banking agencies, and future dividend payments will depend on maintaining positive retained earnings, regulatory compliance, strategic plans, and sufficient capital at the Bank level.