PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Powernet

Tampa, FL · Charter 68042

NCUA · 2 branches

Q2 2026

$125.3MAssets
$37.3MLoans
$112.2MShares
$12.6MNet 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 1.89%, up 118 bps year over year; NIM at 2.84%.
  • Asset quality: problem loans at 1.44% of loans (+87 bps YoY).
  • Capital: net worth / assets of 10.05%, up 41 bps from a year ago.
  • Funding: loans stand at 33.27% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.89%+118 bps YoY

Net Interest Margin (quarter, annualized)

2.84%+55 bps YoY

Efficiency Ratio (quarter, annualized)

54.35%-1,760 bps YoY

Net Worth / Assets

10.05%+41 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.71%0.69%0.71%2.71%1.89%+118 bps
Return on Equity7.37%7.24%7.19%27.68%18.80%+1,143 bps
Net Interest Margin2.29%2.25%2.28%2.70%2.84%+55 bps
Efficiency Ratio71.95%72.46%72.85%44.89%54.35%-1,760 bps
Growth
Asset Growth (YoY)-0.20%2.94%3.33%10.10%9.62%+982 bps
Loan Growth (YoY)-6.68%-3.06%-0.24%6.52%14.17%+2,085 bps
Share Growth (YoY)-0.72%2.62%2.81%9.66%8.95%+966 bps
Asset Quality
Delinquent Loans / Loans0.57%1.17%0.46%1.17%1.44%+87 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 Capital9.64%9.57%9.80%9.80%10.05%+41 bps
Net Worth / Assets9.64%9.57%9.80%9.80%10.05%+41 bps
Liquidity & Funding
Loans / Shares31.75%31.12%31.80%31.84%33.27%+152 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps