The company’s performance highlights a successful period of portfolio management, with criticized loans falling 12% to $444.7 million compared to the previous quarter. This marks the fifth consecutive quarter of declines in troubled assets, signaling a stabilization in the lender's credit risk profile. Diluted earnings per common share reached $1.48, representing a 147% increase over the same period in 2025.

Strong liquidity remains a cornerstone of the firm's balance sheet, with $13.0 billion in available funds supported by $5.5 billion in unused borrowing capacity. While high interest rates have pressured gain-on-sale revenue in the short term, the company has offset these impacts through growth in core deposits—which now represent 91% of total deposits—and positive fair market value adjustments to its servicing rights. CEO Michael F. Petrie noted that these metrics reflect the resilience of the company’s diversified business model in a challenging rate environment.