ECB Bancorp (ECBK) Q4 2025 earnings summary

Executive summary

• Net income for Q4 2025 was $2.6 million ($0.31 per diluted share), up from $1.4 million ($0.17 per share) in Q4 2024; full-year net income was $7.8 million ($0.94 per share), up from $4.0 million ($0.48 per share) in 2024.

• Loans grew $237.0 million (20.7% year-over-year), and deposits increased $133.8 million (13.4% year-over-year).

• Net interest margin expanded to 2.32% in Q4 2025 from 1.94% in Q4 2024; efficiency ratio improved to 64.2% in 2025 from 78.8% in 2024.

• Asset quality remained strong, with nonperforming assets at 0.07% of total assets.

Financial highlights

• Net interest and dividend income before provision for credit losses was $9.2 million for Q4 2025 (up 34.9% year-over-year) and $31.9 million for 2025 (up 27.7%).

• Provision for credit losses was $241,000 in Q4 2025 (vs. a benefit of $311,000 in Q4 2024); full-year provision was $1.5 million (vs. $174,000 in 2024).

• Noninterest income was $360,000 for Q4 2025 (up 10.1% year-over-year) and $1.3 million for 2025 (up 8.2%).

• Noninterest expense was $5.8 million for Q4 2025 (up 5.5%) and $21.3 million for 2025 (up 3.2%).

• Income tax expense was $891,000 for Q4 2025 (effective tax rate 25.5%) and $2.6 million for 2025 (effective tax rate 25.1%).

Outlook and guidance

• Plans to expand footprint with a new branch opening in Medford, MA in 2026.