ES Bancshares: Q3 net income rises to $1.0 million, margin up to 3.21%
ES Bancshares reported Q3 2026 net income of $1.0 million, or $0.14 per diluted share, with its net interest margin at 3.21%, per GlobeNewswire.
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what happened
ES Bancshares (ESBS) reported net income of $1.0 million, or $0.14 per diluted share, for the third quarter of 2026. That compares with $882 thousand, or $0.13 per share, in the second quarter, according to a press release distributed by GlobeNewswire.
Net interest margin increased to 3.21% from 3.10%, while net interest income edged up to $4.8 million from $4.7 million despite a decline in average loans. Book value per share reached $7.78, marking the tenth consecutive quarter of growth. Nonperforming assets stood at 0.83% of total assets.
why it matters
For investors, the story is steady sequential improvement: higher earnings and margin, growing book value, and stable credit metrics on a smaller loan book. Further gains would depend on a sustained margin trend, loan growth without credit deterioration, or stronger fee income. The release mainly matters to holders of this small bank rather than to the broader market.
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sources
- ES Bancshares, Inc. (ESBS) Q3 Net Income $1.0M; NIM Rises to 3.21% — globenewswire.com, 20 October 2026 at 10:15 UTC
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