10-K · March 25, 2026
ECB Bancorp’s 2025 10-K emphasizes a deliberate push to grow commercial real estate and multifamily lending and to upgrade deposit and digital capabilities while selectively retaining larger loans. The bank’s loan…
Earnings analysis · 10-Q
ECBK earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
ECB Bancorp reported strong performance for Q1 2026, achieving a net income of $3.1 million and a diluted EPS of $0.38, representing a substantial 140.7% increase in net income compared to the same period last year. The…
Read full summary
ECB Bancorp reported strong performance for Q1 2026, achieving a net income of $3.1 million and a diluted EPS of $0.38, representing a substantial 140.7% increase in net income compared to the same period last year. The bank experienced overall growth in deposits, boosted by heightened net interest income due to increased loan balances and improved asset yields, although certain loan types saw declines.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.38
What stood out
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Significant Increase in Net Income
Net income for Q1 2026 was $3.1 million, up 140.7% from $1.3 million in Q1 2025.
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Rise in EPS
Diluted EPS rose to $0.38 in Q1 2026, compared to $0.31 in Q1 2025.
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Enhanced Net Interest Margin
Net interest margin expanded by 60 basis points to 2.49% in Q1 2026, compared to 1.89% in Q1 2025.
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Robust Deposit Growth
Total deposits grew by $67.1 million, or 5.9%, reaching $1.2 billion at Q1 2026.
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Increase in Cash Reserves
Cash and cash equivalents increased by $24.4 million, or 28.0%, to $111.3 million from December 2025.
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Loan Portfolio Growth
Total gross loans increased by $19.8 million, or 1.4%, to $1.4 billion from December 2025.
What to watch
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Interest Rate Risks
Management highlighted the volatility in interest rates as a potential risk affecting margins and lending.
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Funding Concentration Risks
ECBK's reliance on FHLB funding is raised as a significant risk amid changing market conditions.
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Decline in Noninterest Income
Continued reduction in noninterest income could negatively impact overall profitability.
Management's outlook
No numeric forward guidance provided. Management remains optimistic about retaining deposit growth and managing interest rate risks.
Earlier filings 4
10-K · March 26, 2025
ECB Bancorp’s 2024 Form 10-K emphasizes a deliberate strategy to grow commercial real estate and multifamily lending, upgrade deposit and digital capabilities, and selectively retain larger loans following its 2022…
10-Q · November 8, 2024
ECB Bancorp reported Q3 2024 total revenue of $6,595,000 (net interest and dividend income of $6,291,000 plus noninterest income of $304,000) and diluted EPS of $0.14. Revenue was up modestly vs. Q3 2023 ($6,408,000)…
10-Q · August 9, 2024
ECB Bancorp reported Q2 2024 revenue (net interest + noninterest) of $6,302,000 and diluted EPS of $0.09, with net income of $791,000. The quarter showed strong balance-sheet growth (loans and deposits), but…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.