Cascade Financial Corp. (CASB) posted third-quarter net income available to common stockholders of $1.04 million or $0.09 per share compared with a net loss of $6.6 million or $0.55 per share in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.53 per share. Analysts' estimates typically exclude special items.
Net-interest income declined to $10.9 million, down 15%, from $12.8 million in the year-ago period and total other income for the quarter was $3.2 million, down 36%, from $2.3 million in the previous year period.
For comments and feedback contact: editorial@rttnews.com
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.