PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Veridian

Waterloo, IA · Charter 64418

NCUA · 32 branches

Q2 2026

$9.2BAssets
$8.0BLoans
$7.7BShares
$1.1BNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 1.60%, up 11 bps year over year; NIM at 2.98%.
  • Asset quality: problem loans at 0.67% of loans (-10 bps YoY).
  • Capital: net worth / assets of 11.57%, up 20 bps from a year ago.
  • Funding: loans stand at 102.74% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.60%+11 bps YoY

Net Interest Margin (YTD, annualized)

2.98%+18 bps YoY

Efficiency Ratio (YTD, annualized)

54.03%-286 bps YoY

Net Worth / Assets

11.57%+20 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.49%1.39%1.36%1.56%1.60%+11 bps
Return on Equity13.14%11.98%11.92%13.59%13.84%+70 bps
Net Interest Margin2.81%2.87%2.86%2.98%2.98%+18 bps
Efficiency Ratio56.90%55.76%56.96%56.56%54.03%-286 bps
Growth
Asset Growth (YoY)10.31%8.48%8.13%8.81%10.35%+4 bps
Loan Growth (YoY)12.24%11.10%10.86%9.20%9.56%-268 bps
Share Growth (YoY)8.44%7.84%8.19%10.73%13.33%+489 bps
Asset Quality
Delinquent Loans / Loans0.76%0.89%0.86%0.61%0.67%-10 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital11.37%11.56%11.45%11.47%11.57%+20 bps
Net Worth / Assets11.37%11.56%11.45%11.47%11.57%+20 bps
Liquidity & Funding
Loans / Shares106.28%107.36%106.75%102.44%102.74%-354 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps