Steele Bancorp, Inc. Posts 60% Drop in Third-Quarter Profit
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Steele Bancorp, Inc. posted $5.462 million in third-quarter net income, down 60.1% year over year, while its $1.60 per-share earnings reflected a post-merger comparison. Basic and diluted earnings per share were both $1.60 for the quarter ended Sept. 30, 2026, compared with $4.77 a year earlier. Net interest income increased 38.1% to $13.626 million from $9.864 million. Noninterest income declined 91% to $1.719 million from $19.032 million. Those two income lines added up to $15.345 million. Steele Bancorp reports them separately; the combined figure is not a separately reported revenue measure.
Source: TokenPost
