Sound Financial Q1 FY26 net income drops 29.8% to $1.6 million; EPS falls to $0.61

• Sound Financial Bancorp Q1 2026 net income fell 28.4% to $1.6 million, with diluted EPS of $0.61.
• Net interest income rose 4.4% to $9 million, driving net interest margin up 0.13 percentage points to 3.49%.
• Total deposits increased 2.1% to $968.5 million, while loans held-for-portfolio climbed 1.8% to $921.5 million.
• Credit quality softened as nonperforming loans jumped 27.6% to $7.4 million, lifting nonperforming assets 22.1% to $7.5 million.
• Board declared a $0.21 per-share cash dividend payable May 26, 2026; management cited solid deposit growth despite elevated interest rates tempering loan demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sound Financial Bancorp Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604281714PRIMZONEFULLFEED9708973) on April 28, 2026, and is solely responsible for the information contained therein.