In section Releases

NASB Financial Reports Quarterly Net Income of $10.6 Million

Kansas City-based NASB Financial, Inc. posted a net income of $10.6 million for the second quarter of 2026, reflecting steady growth compared to the $9.4 million reported in the previous quarter. Earnings reached $1.48 per share, marking a significant increase over the $0.96 per share recorded during the same period last year.

NASB Financial Reports Quarterly Net Income of $10.6 Million

The unitary thrift holding company, which operates North American Savings Bank, saw its nine-month net income climb to $28.3 million, or $3.93 per share, up from $20.7 million in the first nine months of 2025. This performance was supported by a rise in net interest income, which reached $22.5 million for the quarter ending June 30, 2026, alongside a reduction in non-interest expenses to $10.8 million.

Total assets for the institution rose to $3.2 billion as of June 30, 2026, while stockholders' equity grew to $445.6 million. The bank, which has operated since 1927, continues to maintain its portfolio of residential and commercial mortgages while managing customer deposit accounts totaling $1.83 billion. Book value per share currently stands at $62.58, with the company maintaining a quarterly cash dividend of $0.35 per share.

Share:on TelegramXFacebook

Subscribe to our newsletter

Once a week — the best stories from our editors, no ads or push notifications. Delivered Sunday morning.

Comments (0)

Leave a comment

No comments yet. Be the first!