Q3 Net Income Jumps 36% Sequentially to $3.3M, EPS $1.04
KTHN sits 75% above its 52-week low of $21.74 on light trading volume (0.1× avg).
Summary
Katahdin earned $3.3M, or $1.04 per share, in Q3 2026 — up 35.7% from Q2 and 23.2% from a year ago. The quarter-end balance sheet showed loans of $946.9M (up 11.3% YoY) and deposits of $1.01B, up $78.8M YoY, against total assets of $1.18B. For a community bank of this size, that sequential profit jump is meaningful and comes with real loan growth, not just margin expansion. The stock is trading near its 52-week high, so the print validates the recent run rather than resetting expectations. The release gives no net interest margin, credit quality, or capital action detail — those are the numbers that would decide whether the growth is durable.
At the time of this announcement, KTHN was trading at $38.00 on OTC in the Finance sector, with a market capitalization of approximately $120.4M. The 52-week trading range was $21.74 to $39.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.