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Narragansett Bancorp (NARA) Q2 2026 earnings results (second quarter 2026)

10-Q filed Sep 21, 2026

Narragansett Bancorp (NARA) reported revenue of $35.3M for the second quarter 2026 (Q2 2026), +6% from a year earlier. Operating margin was 11.2%, net earnings $3.5M (9.8% of revenue).

Revenue$35.3M
Year over year+6%
Quarter over quarter—
Operating margin11.2%
Net earnings$3.5M

Narragansett Bancorp, Q2 2026: revenue $35.3M (+6% year over year), operating margin 11.2%, net earnings $3.5M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$35.3M—+6%
Operating profit$4.0M—+43%
Net earnings$3.5M—+54%

What changed

Revenue was $35.3M in Q2 2026, up 6% year over year. Net interest income was the largest line at 61% of revenue. Net interest income added $2.7M year over year (up 14%), 137% of the total change. Noninterest income declined 5%.

Operating profit was $4.0M, a 11.2% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 61% reached operating profit, above the 8% margin then. Total costs grew 2% against revenue growth of 6%. Net earnings were $3.5M, up 54% year over year. The effective tax rate was 12.6%.

Questions

What was Narragansett Bancorp's revenue in the second quarter 2026?

Narragansett Bancorp (NARA) reported revenue of $35.3M for the second quarter 2026 (Q2 2026), +6% from a year earlier.

Was Narragansett Bancorp profitable in the second quarter 2026?

Operating profit was $4.0M (11.2% of revenue) and net earnings $3.5M.

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Source: Narragansett Bancorp 10-Q on SEC EDGAR.