Security Federal Q2 Net Income Surges 55% to $3.7M on Higher Interest Income
SFDL has more than doubled off its 52-week low of $20.3.
Summary
Security Federal reported Q2 2026 net income available to common shareholders of $3.7 million, or $1.19 per share, a 55.4% jump from the prior year. The increase was driven by a 10.6% rise in net interest income and a 23.7% gain in non-interest income, more than offsetting a $240K provision for credit losses and a modest 1.7% increase in non-interest expense. For the first six months, net income available to common shareholders reached $6.8 million, or $2.19 per share, up 36.7% year-over-year. The balance sheet remains solid with total assets of $1.6 billion and a CET1 ratio of 19.98%. The stock is trading near its 52-week high of $41.81, reflecting the strong earnings momentum.
At the time of this announcement, SFDL was trading at $41.67 on OTC in the Finance sector, with a market capitalization of approximately $128.9M. The 52-week trading range was $20.30 to $41.81. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.