HILLS BANCORPORATION 1Q 2026: Revenue $41.79M, EPS $2.5— 10-Q Summary

About this update from Hills Bancorporation

HILLS BANCORPORATION reported first-quarter 2026 results with higher revenue and earnings versus the prior-year quarter, driven by stronger net interest income, improved loan yields and gains on loan sales.Financial HighlightsRevenue: Net interest income of $41.79M for 1Q 2026, up $7.63M (22.3%) versus 1Q 2025.Net income: $21.94M for 1Q 2026, versus $14.43M in 1Q 2025 (52.0%).Diluted EPS: $2.50 for 1Q 2026, versus $1.61 in 1Q 2025 (55.3%).Business HighlightsNet income growth was driven by $7.6M higher net interest income and improved loan yields.Increased secondary market mortgage sales contributed—net gain on loan sales rose 111%—along with growth in VISA-related fees.Management noted stable loan demand across its eastern Iowa markets and expressed cautious optimism on credit trends.Operational investments included expanded staffing, a technology refresh and marketing initiatives to boost capacity and customer acquisition.Original SEC Filing: This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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