Filing Flows › ECB Bancorp (ECBK) › Q1 2026
ECB Bancorp (ECBK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
ECB Bancorp (ECBK) reported revenue of $10.2M for the first quarter 2026 (Q1 2026), +47% from a year earlier and +7% from the quarter before. Operating margin was 42.0%, net earnings $3.1M (30.7% of revenue).
ECB Bancorp, Q1 2026: revenue $10.2M (+47% year over year), operating margin 42.0%, net earnings $3.1M, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.2M | +7% | +47% |
| Operating profit | $4.3M | +22% | +148% |
| Net earnings | $3.1M | +20% | +141% |
| Operating cash flow | $2.8M | -29% | — |
| Free cash flow | $2.8M | -27% | — |
What changed
Revenue was $10.2M in Q1 2026, up 47% year over year and up 7% from the previous quarter.
Operating profit was $4.3M, a 42.0% margin (up 17.1 points year over year). Of the extra revenue versus Q1 2025, 78% reached operating profit, above the 25% margin then. Total costs grew 13% against revenue growth of 47%. Net earnings were $3.1M, up 141% year over year. The effective tax rate was 26.8%.
Operating cash flow was $2.8M, 90% of net earnings. Non-cash charges added back $75K of depreciation and amortization and $313K of share-based compensation. Working capital and other items used $700K. Capital expenditures of $4K left free cash flow of $2.8M.
Questions
What was ECB Bancorp's revenue in the first quarter 2026?
ECB Bancorp (ECBK) reported revenue of $10.2M for the first quarter 2026 (Q1 2026), +47% from a year earlier and +7% from the quarter before.
Was ECB Bancorp profitable in the first quarter 2026?
Operating profit was $4.3M (42.0% of revenue) and net earnings $3.1M.
Source: ECB Bancorp 10-Q on SEC EDGAR.