Community Heritage Financial, Inc. Reports Third Quarter 2026 Results
Key Highlights
- ➤Net income $4.1 million, or $1.39 diluted EPS, versus $1.9 million year-over-year
- ➤Core nine-month earnings $10.0 million, up 59.9% year-over-year
- ➤Net interest margin expanded to 3.88%, from 3.40% a year earlier
- ➤Gross loans increased 9.4% year-over-year to $980.5 million
- ➤Nonperforming assets declined to 0.10% of total assets, from 0.19%
Expert Statements
BJ Goetz, President and Chief Executive Officer of Community Heritage Financial, Inc.
“Our third quarter results highlight the strength of our core banking franchise”
BJ Goetz, President and Chief Executive Officer of Community Heritage Financial, Inc.
“Loan growth, expansion of our net interest margin, favorable credit quality metrics, and disciplined balance sheet management produced strong earnings performance during the quarter.”
BJ Goetz, President and Chief Executive Officer of Community Heritage Financial, Inc.
“The strategic actions completed during the second quarter positioned the Company for enhanced earnings and balance sheet performance moving forward.”
Community Heritage Financial, Inc. Reports Third Quarter 2026 Results PR Newswire
MIDDLETOWN, Md., Oct. 27, 2026 /PRNewswire/ -- Community Heritage Financial, Inc. (the "Company" or "CHF") (OTC ID: CMHF), the parent company of Middletown Valley Bank ("MVB" or the "Bank"), reported net income of $4.1 million, or $1.39 diluted earnings per share, for the third quarter of 2026, compared to a net loss of $1.1 million, or $(0.37) diluted earnings per share, for the second quarter of 2026 and net income of $1.9 million, or $0.66 diluted earnings per share, for the third quarter of 2025. Results for the second quarter of 2026 were impacted by a $5.4 million pre-tax loss on the sale of securities associated with the Company's strategic investment portfolio repositioning and approximately $337 thousand of one-time retirement-related costs associated with the retirement of several long-tenured senior officers.
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