Chain Bridge reported consolidated net income of $9.5 million for Q2 2026, or $1.45 per basic and diluted share, and $16.6 million for the six months ended June 30, 2026. Book value per share rose to $27.99 as of June 30, 2026, while total consolidated deposits increased to $2.0 billion. The quarter saw growth in net interest income and deposit placement services income alongside elevated ICS One-Way Sell® deposit activity tied to political organization flows.

Financial Highlights

  • Consolidated net income: $9.5 million for the quarter ended June 30, 2026; $16.6 million for six months ended June 30, 2026.
  • Earnings per share: $1.45 per basic and diluted common share for Q2 2026; $2.53 for the six months ended June 30, 2026.
  • Net interest income: $17.1 million in Q2 2026; $32.0 million for the six months ended June 30, 2026.
  • Total consolidated deposits: $2.0 billion at June 30, 2026 (up from $1.3 billion a year earlier).
  • Book value per share: $27.99 at June 30, 2026 (vs. $23.92 at June 30, 2025).

Business Highlights

  • ICS One-Way Sell® deposit activity increased to $668.0 million at June 30, 2026, reflecting heightened placement through the ICS network driven by political organization deposit flows and growth in other deposit categories (e.g., 501(c)(4) social welfare organizations).
  • Interest-bearing reserves held at the Federal Reserve rose to $812.7 million at June 30, 2026, supporting liquidity and short-term investment positioning.
  • Taxable investment securities portfolio expanded and was deployed into short-term, available-for-sale U.S. Treasury securities, contributing to higher investment income and yield improvement on the portfolio.
  • Trust & Wealth Department AUA increased to $772.8 million (including $257.4 million AUM and $515.4 million AUC) driven by account additions and market appreciation, supporting higher trust and wealth management income.
  • Loan-to-deposit ratio declined to 13.70% at June 30, 2026, reflecting deposit-driven balance sheet growth and conservative lending utilization relative to deposits.

Original SEC Filing:

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