ECB Bancorp (ECBK) Q1 2026 earnings summary

Executive summary

• Net income for Q1 2026 was $3.1 million, up from $2.6 million in Q4 2025 and $1.3 million in Q1 2025, with EPS of $0.38 per diluted share, up from $0.31 in the prior quarter.

• CEO highlighted disciplined loan growth, strong deposit relationships, and prudent expense management as drivers of sustained success.

• Expansion continues with a new branch in Medford, Massachusetts.

Financial highlights

• Net interest and dividend income rose to $9.8 million, up 7.5% sequentially and 47.9% year-over-year.

• Net interest margin expanded to 2.49% from 2.32% in the prior quarter.

• Efficiency ratio improved to 56.54% from 60.80% in Q4 2025.

• Total assets increased 2.8% sequentially to $1.65 billion.

• Book value per share rose to $20.05 from $19.55 in Q4 2025.

Outlook and guidance

• Management remains confident in long-term growth through branch expansion and innovative banking products.