- Bogota Financial published its annual report on Form 10-K, reporting net income of USD 2.1 million.
- Net interest income rose 46.6% to USD 15.5 million, driven by a 63 basis-point wider net interest rate spread to 1.29% and a 64 basis-point higher net interest margin to 1.80%.
- Interest income increased 3% to USD 43.0 million, reflecting higher yields on interest-earning assets offset by lower average balances.
- Interest expense fell 11.7% to USD 27.5 million due to lower average balances and lower costs on interest-bearing liabilities.
- Total assets declined 6.9% to USD 904.9 million as loans fell 9% to USD 647.6 million on lower demand and repayments outpacing originations, while deposits increased 1.6% to USD 652.4 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bogota Financial Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-010056), on March 27, 2026, and is solely responsible for the information contained therein.