Chain Bridge Q3 Net Income Rises to $10.9M, EPS $1.66 as Political Deposits Peak
CBNA sits 81% above its 52-week low of $28.1.
Summary
Chain Bridge earned $10.9 million in Q3 2026, or $1.66 per share, up from $9.5 million and $1.45 in Q2 and more than double the $4.7 million ($0.72) a year ago. Net interest income climbed to $19.9 million from $17.1 million sequentially as deposit-driven cash inflows lifted interest-bearing balances at other banks, pushing the net interest margin to 3.53% from 3.45%. Total deposits reached $2.1 billion, up $63.5 million from June 30, with the bank holding elevated political organization balances ahead of the November 2026 elections. Management said political deposits are already flowing out and expects outflows to continue through Q4 2026 and possibly into early 2027 as the election cycle concludes — that runoff is the key risk to the deposit and fee-income base that drove this quarter. Book value per share rose to $29.24 from $25.79 at year-end 2025, and asset quality remains clean with non-performing assets at 0.00%.
At the time of this announcement, CBNA was trading at $50.82 on NYSE in the Finance sector, with a market capitalization of approximately $333.7M. The 52-week trading range was $28.10 to $54.11. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.