MarketPR
(NASDAQ: BVFL), the Baltimore-based holding company for BayVanguard Bank, printed second-quarter net income of $3.5 million, or $0.42 per diluted share, for the three months ended June 30, 2026, against $2.9 million, or $0.29 per diluted share, a year earlier.
Net interest margin for the period reached 4.58%, expanding 22 basis points from the 4.36% reported in Q2 2025.
The full payoff of $35.0 million in Federal Home Loan Bank of Atlanta borrowings during the quarter removed that debt from the balance sheet and trimmed interest expense by $0.3 million.
Net interest income and adjusted metrics Net interest income came in at $9.5 million for the quarter, up from $9.2 million in Q2 2025.
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