Reports Q2 net interest income $43.84M. The net interest margin increased six basis points from the prior quarter to 1.92%, due mainly to a decrease in the cost of deposits, specifically retail certificates of deposit.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFFN: