Welcome to our dedicated page for Ks Bancorp news (Ticker: KSBI), a resource for investors and traders seeking the latest updates and insights on Ks Bancorp stock.
KS Bancorp, Inc. (KSBI), the parent company of KS Bank, Inc., regularly publishes detailed financial and operational updates that are relevant to investors and followers of community banks. This news page aggregates those company-issued releases, with a focus on earnings, balance sheet trends, dividends, and branch network developments in eastern North Carolina.
In its public announcements, KS Bancorp reports unaudited quarterly and annual results, including net income, earnings per diluted share, net interest income before provision for credit losses, noninterest income, and noninterest expenses. The company also discloses key balance sheet data such as total assets, net loans, investment securities, total deposits, borrowings, and stockholders’ equity, along with measures of asset quality like nonperforming assets and the allowance for credit losses.
KS Bancorp’s news releases frequently highlight its status as a well-capitalized community bank under regulatory standards, referencing the Community Bank Leverage Ratio. They also describe regular quarterly cash dividends declared by the board of directors, including the dividend amount per share and record and payment dates. In addition, the company uses these updates to communicate milestones such as the opening of new full-service branches in communities like Dunn and Bailey, North Carolina, and expansion into Nash County.
Investors and observers can use this KSBI news feed to follow how KS Bancorp’s financial performance, capital position, and branch footprint evolve over time, based on information the company itself has chosen to disclose in its official public communications.
KS Bancorp (OTCID:KSBI) reported strong 2025 results with full-year net income of $9.36M (up 52% vs. 2024) and EPS $8.44. Total assets rose to $822.6M (+19% vs. 12/31/2024) driven by loan growth to $664.2M. Net interest income for 2025 was $28.16M (up 26.8%), noninterest income was $3.95M, and noninterest expense totaled $19.02M. Deposits grew to $749.6M (+21%). Allowance for credit losses was $5.06M (0.76% of loans) and nonperforming assets remained below 0.20%. The Board declared a quarterly dividend of $0.30 per share payable Feb 12, 2026.
KS Bancorp (OTCID:KSBI) reported strong Q3 2025 results, with Q3 net income $2.48M ($2.24 diluted EPS) versus $1.46M a year earlier (a 70% YoY increase) and YTD net income $6.80M ($6.13 EPS), up 51% year-to-date. Net interest income before provision rose to $7.3M in Q3 and $20.5M YTD.
The balance sheet expanded: total assets $772.7M (up from $690.9M at 12/31/24), net loans $622.1M, and deposits $702.5M. The board declared a $0.28 quarterly dividend payable Nov 10, 2025. Capital and credit metrics remained strong, with a Community Bank Leverage Ratio 9.29% and nonperforming assets under 0.20% of assets.
KS Bancorp (OTCID:KSBI) reported strong Q2 2025 financial results, with net income reaching $2.2 million ($2.02 per diluted share), a 35% increase from Q2 2024. Year-to-date net income grew 41% to $4.3 million ($3.89 per diluted share).
The bank's total assets increased to $727.3 million, with net loans up by $33.4 million to $587.9 million. Core deposits grew by 6%, and the company maintained strong asset quality with nonperforming assets below 0.10% of total assets. The Board declared a quarterly dividend of $0.28 per share.
Notably, KS Bank expanded its footprint by opening its eleventh full-service branch in Bailey, marking its first location in Nash County, North Carolina. The bank maintains a solid Community Bank Leverage Ratio of 9.22%.
KS Bancorp (KSBI) reported strong Q1 2025 financial results with a 50% increase in net income to $2.1 million ($1.87 per diluted share), compared to $1.4 million ($1.25 per diluted share) in Q1 2024.
Key financial metrics include:
- Net interest income rose to $6.3 million from $5.1 million
- Total assets increased by $31.2 million to $722.1 million
- Net loans grew by $7.1 million to $561.6 million
- Deposits increased by $39.4 million to $657.6 million, including 5.2% growth in core deposits
The bank maintains strong asset quality with nonperforming assets below 0.10% of total assets. The Board declared a quarterly dividend of $0.27 per share, payable on May 5, 2025, to stockholders of record as of April 25, 2025. The bank remains well-capitalized with a Community Bank Leverage Ratio of 9.31%.
KS Bancorp (KSBI) reported Q4 2024 net income of $1.7 million ($1.49 per diluted share), up from $1.5 million ($1.35 per diluted share) in Q4 2023. Excluding one-time expenses related to Garner branch redevelopment, Q4 2024 net income would have been $2.1 million ($1.91 per diluted share).
Key financial highlights include: Net interest income increased to $6.2 million in Q4 2024 from $5.0 million in Q4 2023. Full-year 2024 net income was $6.1 million ($5.56 per share), slightly down from $6.2 million ($5.60 per share) in 2023. Total assets grew 12.5% to $690.7 million, with net loans up 17.3% to $554.5 million. Core deposits increased 13.1% to $618.1 million.
The company declared a quarterly dividend of $0.27 per share, maintaining strong capitalization with a Community Bank Leverage Ratio of 9.24%.
KS Bancorp (KSBI) reported strong Q3 2024 financial results with net income of $1.5 million ($1.32 per diluted share), up from $1.4 million in Q3 2023. The company showed significant growth with total assets increasing 11.9% to $686.5 million, net loans rising 9.5% to $517.9 million, and deposits growing 14.3% to $623.2 million compared to December 2023. Net interest income before credit loss provisions was $5.5 million for Q3 2024. The Board declared a quarterly dividend of $0.26 per share. The bank maintains strong capitalization with a Community Bank Leverage Ratio of 9.28%.
KS Bancorp (KSBI) reported strong financial results for Q2 2024. Key highlights include:
- Net income of $1.7 million or $1.50 per diluted share, up from $1.6 million in Q2 2023
- Net interest income before provision for credit losses increased to $5.5 million
- Total assets grew to $668.8 million, a $55.2 million increase from December 2023
- Net loan balances rose by $31.4 million to $504.3 million
- Total deposits increased by $64.0 million to $609.0 million
- Stockholders' equity improved by $3.0 million to $43.5 million
The company also declared a quarterly dividend of $0.26 per share and opened a new branch in Dunn, North Carolina, marking its tenth full-service location.
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