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Sound Financial Q1 net income rises 35% to $1.6 million

PUBT·05/12/2026 10:03:36
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Sound Financial Q1 net income rises 35% to $1.6 million
  • Sound Financial Bancorp posted net income of USD 1.6 million, up 35%, with diluted EPS of USD 0.61.
  • Net interest income climbed 12.1% to USD 9 million, lifting net interest margin 26 basis points to 3.51%.
  • Provision for credit losses swung to an expense of USD 123,000 from a release, while nonperforming assets rose 22.1% to USD 7.48 million.
  • Total deposits increased 2.1% to USD 968.5 million, while uninsured deposits rose to USD 197.9 million, or 20.4% of deposits.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001541119-26-000018), on May 12, 2026, and is solely responsible for the information contained therein.