RBAZ Bancorp, Inc. Announces Unaudited Financial Results

From GlobeNewswire: 2025-04-18 15:52:00

RBAZ Bancorp, Inc. reported a consolidated net income of $1,064,000 for the quarter ending March 31, 2025, representing a 49% increase from the previous year. The company’s net interest margin was at 4.61%, with expenses decreasing by 1%. Shareholders approved the planned merger with Pima Federal Credit Union, set to close on May 2, 2025. Total loans increased by 0.6%, while total deposits decreased by 3.7% during the same period. The bank remains “Well Capitalized” under the Community Bank Leverage Ratio framework with a ratio of 11.62%. For more information, visit www.republicbankaz.com.



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