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Get filing alertsChain Bridge Bancorp Q2 net income surges 107% YoY to $9.5M on political deposit inflows
Filed July 28, 2026 · Period ending July 28, 2026 · ~1 min read
Key Changes
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Q2 2026 net income reached $9.5M ($1.45 EPS), up 107% from $4.6M ($0.70 EPS) in Q2 2025, driven by deposit growth and net interest margin expansion to 3.45%.
Exhibit 99.1 view on EDGAR → -
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Total deposits grew to $2.0B from $1.3B year-over-year, driven by political organization deposits ahead of the federal election; off-balance-sheet ICS deposits surged to $668M from $121M.
Exhibit 99.1 view on EDGAR → -
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Net interest income rose 45% YoY to $17.1M as deposit inflows were deployed into higher-yielding Treasuries and interest-bearing deposits; cost of funds fell from 0.31% to 0.14%.
Exhibit 99.1 view on EDGAR → -
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Tier 1 leverage ratio declined to 9.39% from 11.45% due to deposit-driven asset growth, while Tier 1 risk-based capital improved to 49.46% from 43.48% on retained earnings.
Exhibit 99.1 view on EDGAR → -
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Trust & Wealth assets under administration grew 74% YoY to $772.8M, with assets under management rising to $257.4M from $158.1M on new account additions.
Exhibit 99.1 view on EDGAR →
Summary
Chain Bridge Bancorp reported strong Q2 2026 results, with net income more than doubling year-over-year to $9.5 million and EPS reaching $1.45. The performance was driven by a surge in political organization deposits ahead of the federal election cycle, which pushed total deposits to $2.0 billion and off-balance-sheet ICS deposits to $668 million.
The bank deployed these inflows into higher-yielding short-term Treasuries and interest-bearing deposits, expanding net interest margin to 3.45% while cost of funds fell to 0.14%. The political deposit cycle is a key driver to watch. The bank notes that political depositors typically exhibit heightened activity in quarters leading up to federal elections, then decline around and after elections.
This creates predictable volatility in both on- and off-balance-sheet deposits, with direct implications for net interest income and margin sustainability post-election. The Tier 1 leverage ratio's decline to 9.39% reflects the deposit-driven asset growth, though risk-based capital ratios remain exceptionally strong above 49%.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
For the quarter ended June 30, 2026, the Company reported net income of $9.5 million, compared to $7.1 million for the quarter ended March 31, 2026 and $4.6 million for the quarter ended June 30, 2025. Earnings per share was $1.45 for the quarter ended June 30, 2026, compared to $1.08 for the quarter ended March 31, 2026 and $0.70 for the quarter ended June 30, 2025.
Chain Bridge Bancorp reported Q2 2026 net income of $9.5 million, up 34% from Q1 2026 and 107% from Q2 2025. Earnings per share reached $1.45, compared to $1.08 in Q1 2026 and $0.70 in Q2 2025. The improvement was driven by higher net interest income, increased deposit placement services income, and lower noninterest expenses.
Added in current filing · view on EDGAR →
Net interest income for the second quarter of 2026 was $17.1 million, compared to $14.9 million in the first quarter of 2026 and $11.8 million in the second quarter of 2025. The net interest margin was 3.45% in the second quarter of 2026, compared to 3.41% in the first quarter of 2026 and 3.39% in the second quarter of 2025.
Net interest income rose to $17.1 million in Q2 2026, up 45% year-over-year, while net interest margin expanded to 3.45% from 3.39% in Q2 2025. The improvement reflects deployment of deposit inflows into higher-yielding short-term U.S. Treasury securities and interest-bearing deposits at other banks, combined with a decline in cost of funds from 0.31% to 0.14%.
Added in current filing · view on EDGAR → · paraphrased
As of June 30, 2026, the Company reported a Tier 1 leverage ratio of 9.39%, a Tier 1 risk-based capital ratio of 49.46%, and a total risk-based capital ratio of 50.45%. As of March 31, 2026, the Company reported a Tier 1 leverage ratio of 9.94%, a Tier 1 risk-based capital ratio of 47.63%, and a total risk-based capital ratio of 48.65%. As of June 30, 2025, the Company's Tier 1 leverage ratio stood at 11.45%, the Tier 1 risk-based capital ratio at 43.48% and the total risk-based capital ratio at 44.64%.
The Tier 1 leverage ratio declined to 9.39% from 11.45% a year earlier due to deposit-driven asset growth, partially offset by retained earnings. Risk-based capital ratios improved significantly: Tier 1 risk-based capital rose to 49.46% from 43.48%, and total risk-based capital reached 50.45% from 44.64%, reflecting capital growth through retained earnings outpacing risk-weighted asset growth.
Added in current filing · view on EDGAR →
As of June 30, 2026, the Trust & Wealth Department oversaw total assets under administration (“AUA”), a measure encompassing both managed and custodial assets, of $772.8 million, which included $257.4 million in assets under management (“AUM”) and $515.4 million in assets under custody (“AUC”). This compares to $711.7 million in AUA as of March 31, 2026, which included $221.7 million in AUM and $490.1 million in AUC. As of June 30, 2025, AUA stood at $445.4 million, including $158.1 million in AUM and $287.3 million in AUC.
Assets under administration in the Trust & Wealth Department grew to $772.8 million at June 30, 2026, up 74% from $445.4 million a year earlier. Assets under management increased to $257.4 million from $158.1 million, driven primarily by new account additions. Trust and wealth management income rose to $501 thousand in Q2 2026 from $305 thousand in Q2 2025.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 29, 2026 · How we verify