Intervest Bancshares Corp. (IBCA) reported fourth-quarter net earnings of $2.7 million or $0.13 per share, compared to $0.4 million, or $0.02 per share for the previous year quarter.
Net-interest and dividend income increased to $10.6 million from $10.4 million last year, while non-interest income was $974 thousand, down from $1.1 million in the comparable quarter last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.