earnings
confidence high
sentiment positive
materiality 0.70
Steele Bancorp Q4 net income $5.59M ($1.64 EPS) vs $421K; bargain purchase gain $18.3M
STEELE BANCORP INC
- Net income Q4 2025 $5.59M ($1.64 basic EPS) vs $421K ($0.23) in Q4 2024; year-to-date $22.89M.
- Total assets $1.26B at Dec 31, 2025, up 111% from $596.7M a year ago, driven by Northumberland merger.
- Net interest margin expanded to 4.32% from 2.78% YoY; net interest income $12.25M in Q4, up 171%.
- Pre-tax merger expenses were $1.40M in Q4 and $5.52M for full year 2025.
- Bargain purchase gain of $18.30M recognized from August 2025 Northumberland acquisition.