8-K filings, October 20-21, 2026: US banks report wider margins and securities losses

Several banks said their net interest margins widened in the third quarter of 2026

Net interest margin (NIM) is the gap between what a bank earns on loans and investments and what it pays for funding. These results come from Form 8-K filings, the filings a US company makes to report a material event.

• HomeTrust Bancshares said its NIM expanded to 4.46%, sustaining momentum from the first half of the year.
• Bridgewater Bancshares said its NIM expanded to 3.09% as loan and investment securities portfolios grew and repriced at higher yields.
• QCR Holdings said its tax-equivalent NIM expanded 3 basis points, a unit for small rate changes, from the second quarter of 2026, exceeding guidance. It expects the Federal Reserve's September rate increase to be slightly accretive to near-term NIM because assets reprice faster than deposits.
• Metropolitan Commercial Bank attributed NIM increases partly to higher loan and securities yields and lower funding costs.
• Community Trust Bancorp said its NIM declined quarter over quarter and rose year over year.

Several banks said rising rates reduced the value of their securities

• Orrstown Financial Services said its net unrealized investment securities losses increased by $41.6 million because of widening spreads and rising interest rates.
• QCR Holdings said accumulated other comprehensive income, a part of equity that records unrealized gains and losses on securities, fell by $19.4 million as rates rose.
• Capital City Bank Group reported a $14.0 million unfavorable accumulated other comprehensive loss change from higher bond rates.
• HomeTrust Bancshares said its accumulated other comprehensive income declined by $4.0 million.

Four companies reported share repurchases

• OFG Bancorp repurchased $13.5 million of common shares.
• Healthcare Services Group repurchased $11.7 million of common stock in the third quarter under its $75.0 million plan through January 2027.
• QCR Holdings repurchased $9.5 million of common stock in the third quarter of 2026.
• HomeTrust Bancshares completed its existing program and authorized repurchases of an additional 5% of outstanding shares, citing excess capital.

Other companies reported revenue declines, credit changes and a recovery

• Winnebago Industries said its fiscal 2026 revenue and its fourth-quarter fiscal 2026 revenue declined, primarily because of lower unit volume. It extended its revolving credit facility through 2031 and increased its quarterly dividend.
• Integra LifeSciences said amended covenants temporarily raise its maximum net leverage ratio before scheduled step-downs to 4.25x during 2027.
• Healthcare Services Group recorded an estimated $6.1 million recovery following developments in the Genesis bankruptcy case.