Q3 Net Income Slips to $7.4M as Year-to-Date Earnings Fall 9.5%
CSHX sits 37% above its 52-week low of $65.5.
Summary
Q3 net income came in at $7.4M, or $2.02 per diluted share, down from $7.7M a year earlier. The bigger issue is the year-to-date trend: $20.0M earned through nine months versus $22.1M in 2025, a 9.5% decline, pointing to expense pressure that is outrunning revenue growth. The core bank is still improving sequentially — net interest income rose $879K quarter over quarter, net interest margin widened to 3.25% from 3.15%, and deposits grew 4.1% to $1.976B with cost of funds down 6 bps to 1.60%. Credit looks clean at 0.23% nonperforming loans, so the earnings softness is a margin and cost story, not a credit story. Len Devaisher takes over as CEO on December 31, 2026, and how he addresses the expense base will set the tone for next year.
At the time of this announcement, CSHX was trading at $89.80 on OTC in the Finance sector, with a market capitalization of approximately $333.3M. The 52-week trading range was $65.50 to $100.00. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.