First Financial (THFF) Q2 2026 earnings summary

Executive summary

• Net income for Q2 2026 was $22.7 million, up from $18.6 million year-over-year, with diluted EPS rising to $1.91 from $1.57.

• For the first half of 2026, net income reached $42.5 million, compared to $37.0 million in the same period of 2025.

• Acquisition of CedarStone Financial, Inc. completed in March 2026, adding $292 million in loans and $313 million in deposits.

Financial highlights

• Net interest income for Q2 2026 was $61.2 million, a 16.2% increase year-over-year.

• Net interest margin improved to 4.33% from 4.15% year-over-year.

• Non-interest income for Q2 2026 was $10.6 million, slightly up from $10.4 million in Q2 2025.

• Non-interest expense rose to $42.5 million from $38.3 million year-over-year.

• Efficiency ratio improved to 57.95% from 59.37% year-over-year.

Outlook and guidance

• Management highlighted strong profitability and net interest margin, with continued focus on loan growth and operational efficiency.