Net income declined 51% year-over-year to $3.5 million for the first half of 2026, with a Q2 net loss driven by higher credit loss provisions, especially in the office sector. The loan portfolio grew to $765 million in commitments, and liquidity remains strong, supported by a recent rights offering…
Net income declined 51% year-over-year to $3.5 million for the first half of 2026, with a Q2 net loss driven by higher credit loss provisions, especially in the office sector. The loan portfolio grew to $765 million in commitments, and liquidity remains strong, supported by a recent rights offering and extended financing facilities.
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