Company Reports Q4 Tangible Book Value Per Share of $24.41
Reports Q4 tangible book value per share $24.41. Reports Q4 CET1 capital ratio 12.90%. Michael Puorro, chairman and CEO, commented on the company's quarterly results: "Our fourth quarter core performance, as evidenced by our steadily increasing NIM, expanding commercial deposit base, diversifying verticals and strong Pre-Provision Net Revenue of $6.2 million, underscored the strength of our growing opportunity. With the decision in the fourth quarter to address the impact of certain challenging credits through proactive and focused NPL resolution, we have positioned the Bank for what we believe will be sustained performance in 2026."
