NRUC net income jumps 87.6% to $262.1M on derivative gains and higher net interest income

Filed July 31, 2026 · Period ending May 31, 2026 · Compared to 10-K Aug 5, 2025 · ~1 min read

Key Changes

• high

  Net income rose 87.6% to $262.1M, driven by an $88M swing in derivatives to an $82M gain and a $41M increase in net interest income.

  MD&A: Net income verify on EDGAR →
• high

  Adjusted net income was essentially flat at $244.5M, indicating the reported surge is largely non-operating.

  MD&A: Adjusted net income verify on EDGAR →
• high

  Projected net loan growth for the next 12 months was cut to $1.25B from $2.06B, signaling a more conservative outlook.

  MD&A: Projected loan growth verify on EDGAR →