Ledyard Financial posts $1.5M Q1 net income, declares $0.21 dividend amid strong loan and deposit growth.

Ledyard Financial Group reported a net income of $1.5 million or $0.44 per diluted share for Q1 2026, a 25% increase from the prior year despite a challenging economic backdrop influenced by geopolitical tensions. The company saw growth in loans by 12.5% year-over-year and deposits by 11.6%, with an improved net interest margin of 2.75%. Wealth management revenue rose 11.1% year-over-year, although it declined slightly from the previous quarter due to one-time items in Q4 2025. The company declared a quarterly cash dividend of $0.21 per share and continues to maintain strong capital ratios and liquidity, positioning it well for future growth and potential Fed rate changes.