PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

SMBC Manubank

Los Angeles, CA · Cert 18618 · Sumitomo Mitsui Finl Group Inc.

State charter, non-member · FDIC · 8 branches

Q2 2026

$6.6BAssets
$2.7BLoans
$5.6BDeposits
$756.2MEquity
Loan mix
34%RE $1.5B35%C&I $1.5B31%Consumer $1.3BQ2 2025Q2 2026
Deposit mix
88%Interest-bearing $4.9B12%Noninterest $0.6BQ2 2025Q2 2026

NIM

6.61%Q2 ’245.96%Q2 ’251.65%Q2 ’26-8%-73%

Non-interest income vs. expense

5.61%Q2 ’245.28%Q2 ’250.22%Q2 ’26-6%-105%

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2026 SOD (annual) · 0.8% share · #19 of 107 inst. · $5.6B of $667.8B

1.6% Los Angeles
0.4% Orange

Executive Summary

  • Earnings: ROA of -3.56%, down 86 bps year over year; NIM at 0.87%.
  • Asset quality: problem loans at 0.30% of loans (-80 bps YoY), with net charge-offs at 4.97%.
  • Capital: tier 1 leverage ratio of 9.63%, down 403 bps from a year ago.
  • Funding: loans stand at 48.23% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-3.56%-86 bps YoY

Net Interest Margin (YTD, annualized)

0.87%-232 bps YoY

Efficiency Ratio (YTD, annualized)

16.50%-13,831 bps YoY

Tier 1 Leverage Ratio

9.63%-403 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-2.70%-2.30%-2.43%-6.85%-3.56%-86 bps
Return on Equity-17.50%-15.68%-17.37%-63.90%-32.51%-1,501 bps
Net Interest Margin3.19%3.30%3.14%0.43%0.87%-232 bps
Efficiency Ratio154.81%151.78%150.21%485%16.50%-13,831 bps
Non-Interest Burden5.07%5.13%4.88%3.19%-0.24%-531 bps
Growth
Asset Growth (YoY)22.80%32.42%21.16%16.01%-2.42%-2,522 bps
Loan Growth (YoY)19.78%16.01%13.54%2.28%-40.23%-6,001 bps
Deposit Growth (YoY)22.93%33.17%30.04%24.12%-0.08%-2,301 bps
Asset Quality
Nonperforming Loans / Loans1.11%0.59%0.40%0.33%0.30%-80 bps
Net Charge-Offs / Loans1.37%1.69%5.43%6.16%4.97%+360 bps
Allowance / Loans5.24%4.68%1.20%0.00%0.00%-524 bps
Allowance Coverage of NPLs4.7x8.0x3.0x0.0x0.0x-4.7x
Capital
Tier 1 Leverage Ratio13.66%13.13%11.78%9.64%9.63%-403 bps
Total Risk-Based Capital20.51%19.57%18.45%15.51%24.05%+354 bps
Equity / Assets14.38%12.59%11.64%9.80%11.46%-292 bps
Liquidity & Funding
Loans / Deposits80.63%73.92%71.09%64.34%48.23%-3,240 bps
Liquid Assets / Assets10.88%17.77%22.48%28.58%43.14%+3,225 bps
CRE / Total Capitaln/a171.92%173.75%194.85%n/an/a