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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.