Main Street Financial Services Corp. Announces Net Income Increase 33% Year-Over-Year in Quarterly Results
Globenewswire·2026-04-24 04:05
2026 First-Quarter Financial Highlights Net income increased for the first quarter by 33.0%, totaling $4.8 million, or $0.62 per common share, compared to $3.6 million, or $0.47 per common share, for the first quarter of 2025.Return on average common tangible equity (ROCTE) increased 177 basis points to 16.39%, compared to 14.62% in the first quarter of 2025.Return on average assets (ROA) improved 27 basis points to 1.30%, compared to 1.03% in the first quarter of 2025.Deposit growth of $27.4 million, or 8. ...