PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Spero Financial

Greenville, SC · Charter 361

NCUA · 11 branches

Q2 2026

$701.5MAssets
$586.9MLoans
$623.1MShares
$58.2MNet Worth

Executive Summary

  • Earnings: ROA of 0.12%, down 11 bps year over year; NIM at 3.72%.
  • Asset quality: problem loans at 0.94% of loans (+17 bps YoY).
  • Capital: net worth / assets of 8.30%, up 1 bps from a year ago.
  • Funding: loans stand at 94.20% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

0.12%-11 bps YoY

Net Interest Margin (YTD, annualized)

3.72%+1 bps YoY

Efficiency Ratio (YTD, annualized)

84.02%+359 bps YoY

Net Worth / Assets

8.30%+1 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.47%-0.36%0.53%0.22%0.21%0.18%0.00%0.12%-11 bps
Return on Equity-5.51%-4.32%6.38%2.69%2.53%2.15%0.05%1.41%-128 bps
Net Interest Margin3.48%3.48%3.66%3.70%3.79%3.75%3.60%3.72%+1 bps
Efficiency Ratio92.69%91.58%78.40%80.43%80.96%81.55%84.79%84.02%+359 bps
Growth
Asset Growth (YoY)-0.84%-0.52%-0.78%-1.45%-0.90%0.70%1.11%0.18%+163 bps
Loan Growth (YoY)-3.07%-1.42%1.36%1.80%3.11%1.37%0.67%2.69%+89 bps
Share Growth (YoY)-0.90%0.14%-0.96%-1.45%-0.62%-1.75%-1.38%-2.30%-85 bps
Asset Quality
Delinquent Loans / Loans0.60%0.67%0.64%0.77%0.80%0.78%0.81%0.94%+17 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital8.49%8.36%8.26%8.29%8.41%8.17%8.12%8.30%+1 bps
Net Worth / Assets8.49%8.36%8.26%8.29%8.41%8.17%8.12%8.30%+1 bps
Liquidity & Funding
Loans / Shares88.55%89.26%88.68%89.62%91.88%92.09%90.52%94.20%+458 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps