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Nasb Financial Inc

NASB Financial, Inc. Announces Financial Results

KANSAS CITY, Mo. , May 7, 2025 /PRNewswire/ -- NASB Financial, Inc. (the "Company") (OTCQX: NASB) announced today net income for the quarter ended March 31, 2025, of $5.8 million or $0.80 per share.  This compares to net income of $8.0 million or $1.10 per share for the quarter ended December 31, 2024, and compares to net income of $7.7 million or $1.04 per share for the quarter ended March 31, 2024.  

Net income for the six months ended March 31, 2025, was $13.8 million or $1.90 per share.  This compares to net income of $15.3 million or $2.07 per share for the six months ended March 31, 2024. 

NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. ("NASB").  Since 1927, NASB has been serving the financial needs of customers by providing an array of personal banking and lending products in the Kansas City metro area.  NASB offers competitive residential and commercial mortgages nationwide with the safety and security of a Federal institution.  For more information, visit nasb.com.

(Financial Highlights Schedule Attached)

NASB Financial, Inc.


Financial Highlights


(Dollars in thousands, except per share data)

















Three Months Ended


Six Months Ended






3/31/25

12/31/24

3/31/24


  3/31/25

  3/31/24


EARNINGS DATA:











Net interest income


$

19,560

19,564

19,356


39,124

38,233



Provision for credit losses



135

66

14


201

(1,454)



Non-interest income



518

3,124

2,931


3,642

4,056



Non-interest expense



12,240

12,073

12,535


24,313

24,551



Income tax expense



1,895

2,595

2,045


4,490

3,862



     Net income


$

5,808

7,954

7,693


13,762

15,330













FINANCIAL CONDITION DATA:











Total assets


$

3,033,963

2,919,263

2,862,808


3,033,963

2,862,808



Total loans held for investments and    
      mortgage-backed securities, net



2,155,237

2,186,076

2,166,975


2,155,237

2,166,975



Customer and brokered deposit         
     accounts



1,917,821

1,800,419

1,776,611


1,917,821

1,776,611



Stockholders' equity



420,814

413,891

402,393


420,814

402,393













FINANCIAL RATIOS AND PER SHARE DATA:



Book value per share



$            58.18

57.20

54.43


58.18

54.43



Earnings per share



0.80

1.10

1.04


1.90

2.07



Cash dividends paid per share



0.25

0.25

0.25


0.50

0.50














Return on assets (annualized net income    
     divided by total average assets)



0.78 %

1.10 %

1.10 %


0.93 %

1.08 %



Return on equity (annualized net income    
     divided by average stockholders' equity)



5.57 %

7.69 %

7.68 %


6.60 %

7.78 %














Weighted average shares outstanding



7,234,733

7,232,473

7,395,810


7,233,591

7,394,236





























 

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SOURCE NASB Financial, Inc.