Cascade Financial Corp. (CASB) posted fourth-quarter net income available to common stockholders of $521 thousand or $0.04 per share compared with $11.1 million or $0.18 per share in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.18 per share for the quarter. Analysts' estimates typically exclude special items.
Net-interest income for the quarter declined to $10.4 million from $11.1 million and total other income was $7.6 million compared with $1.9 million in the prior year period.
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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.