Record Q1 Earnings for Alpine Banks, Net Income Hits $20.2M with Expanded Margins
ALPIB sits 88% above its 52-week low of $26.325 on light trading volume (0.1× avg).
Summary
Alpine Banks of Colorado reported strong first-quarter 2026 financial results, with net income rising to a record $20.2 million, up from $14.3 million in the prior year quarter. Basic earnings per share increased to $1.26 from $0.89 year-over-year. The company also saw its net interest margin expand to 3.72% and the average cost of deposits decrease to 1.81%, indicating improved profitability. While nonperforming loans slightly increased to 0.32%, the overall performance, characterized by the CEO as "record performance" and "expanded margins," suggests robust operational execution. These positive results are material for the regional bank and could support continued investor confidence.
At the time of this announcement, ALPIB was trading at $49.50 on OTC in the Finance sector, with a market capitalization of approximately $793.1M. The 52-week trading range was $26.33 to $49.50. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.