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Triad Business Bank (OTC Pink – “TBBC”), November 4, 2025, Announces Unaudited Third Quarter 2025 Results
Triad Business Bank (OTC Pink – “TBBC”), November 4, 2025, Announces Unaudited Third Quarter 2025 Results.
About this update from Triad Business Bank
[{"type":"text","content":"\r\n\r\n \r\n \r\n Triad Business Bank (OTC Pink – “TBBC”), November 4, 2025, Announces Unaudited Third Quarter 2025 Results\r\n \r\n \r\n\r\n\r\nTriad Business Bank (OTC Pink – “TBBC”), November 4, 2025, Announces Unaudited Third Quarter 2025 Results\r\n\r\n\r\n\r\n\r\n\r\n\r\nOverview\r\n\r\n GREENSBORO, N.C.--(BUSINESS WIRE)--\r\nFor the three-month period ending September 30, 2025, Triad Business Bank (the “Bank”) reported net income of $483,000 compared to a loss of $748,000 for the same period a year ago. Net income totaled $0.06 per share in the third quarter of 2025 compared to a loss of $0.09 per share in the third quarter of 2024. For the nine-month period ending September 30, 2025, the Bank reported a $2.4 million improvement in net income with a $897,000 profit in 2025 compared to a loss of $1.5 million in the prior year period.\r\n\r\n \r\nRamsey Hamadi, Chief Executive Officer, commented, “The Bank’s third quarter core earnings improved $166,000 over the prior year period due primarily to an increase in the Bank’s net interest margin. The Bank’s net interest margin increased 31 basis points from 2.24% in the third quarter of 2024 to 2.55% in the third quarter of 2025 primarily due to a lower cost of funds. Net interest income increased $383,000 to $3.3 million in the third quarter of 2025 compared to the same period a year ago. Looking forward, the Bank intends to maintain disciplined expense control practices while the Bank’s net interest margin is expected to further improve throughout 2026 and 2027.”\r\n\r\n \r\nIncome Statement Comparison\r\n\r\n \r\nFor the Quarter\r\n\r\n \r\nThe Bank’s net income totaled $483,000 for the quarter ended September 30, 2025 compared to a net loss of $748,000 for the quarter ended September 30, 2024. Core operating results, a non-GAAP measurement which excludes the provision for credit losses and taxes, reflected core earnings of $402,000 for the third quarter of 2025 compared to $236,000 for the same quarter in the prior year.\r\n\r\n \r\nNet interest income increased $383,000 to $3.3 million for the third quarter of 2025 from $2.9 million for the third quarter of 2024. The Bank’s net interest margin for the third quarter increased 31 basis points to 2.55% compared to ...