Skyline Bankshares, Inc. Announces Third Quarter 2026 Results
Key Highlights
- ➤Q3 net income $5.1 million, or $0.90 per share, up from $4.1 million
- ➤Net interest margin 4.61%, up from 4.27% year over year
- ➤Net loans $1.12 billion, up 6.92% from December 31, 2025
- ➤Total assets $1.35 billion, up 4.55% from December 31, 2025
- ➤Nonperforming loans fell to 0.11% of total loans from 0.45%
Expert Statements
Blake Edwards, President and CEO of Skyline Bankshares, Inc.
“We are pleased to report another quarter of record earnings for Skyline while continuing to invest in future growth, including the September opening of our newest branch in Dobson, North Carolina. In addition to our newest full-service branch, we welcomed Ryan High, Area Executive and Commercial Lender to the Skyline team. We are excited to bring our brand promise of “Always Our Best” to the businesses and people of Surry County, NC. We believe we remain well positioned for continued growth and success in the future and look forward to the opportunities ahead for the Skyline family.”
FLOYD, Va. and INDEPENDENCE, Va., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the third quarter of 2026.
The Company recorded net income of $5.1 million, or $0.90 per share, for the quarter ended September 30, 2026, compared to net income of $5.0 million, or $0.89 per share, for the second quarter of 2026 and net income of $4.1 million, or $0.73 per share, for the third quarter of 2025. For the nine months ended September 30, 2026, net income was $14.7 million, or $2.61 per share, compared to net income of $11.5 million, or $2.05 per share, for the nine months ended September 30, 2025. Third quarter 2026 earnings represented an annualized return on average assets (“ROAA”) of 1.50% and an annualized return on average equity (“ROAE”) of 17.17%, compared to 1.25% and 16.13%, respectively, for the same period last year. Net interest margin (“NIM”) was 4.61% for the third quarter of 2026, compared to 4.27% for the third quarter of 2025.
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