earnings
confidence high
sentiment positive
materiality 0.65
Rhinebeck Bancorp returns to profitability with Q3 net income of $2.7M, EPS $0.25
Rhinebeck Bancorp, Inc.
2025-Q3 EPS reported
$0.70
revenue$2,240,000
- Net income $2.7M vs loss $8.1M in Q3 2024; EPS $0.25 vs diluted loss $0.75.
- Net interest income rose 24.5% to $12.0M; net interest margin improved to 3.93%.
- Non-interest income $1.9M vs net loss $10.0M (prior year included $12M securities restructuring loss).
- Loans up 0.6% to $977.6M; commercial real estate +$57.8M offset by -$61.6M in indirect auto loans.
- Deposits increased $95.0M (9.3%); borrowings down $43.2M; total assets $1.32B.