NASB Financial, Inc. Announces Financial Results
Rhea-AI Summary
NASB Financial (OTCQX: NASB) reported net income of $10.6 million, or $1.48 per share, for the quarter ended June 30, 2026, compared with $9.4 million ($1.30 per share) in the prior quarter and $6.9 million ($0.96 per share) a year earlier.
For the nine months ended June 30, 2026, net income was $28.3 million, or $3.93 per share, up from $20.7 million, or $2.86 per share, for the comparable 2025 period. Net interest income rose to $22.5 million for the quarter and $65.2 million year-to-date. Total assets were $3.20 billion, stockholders’ equity was $445.6 million, and book value per share increased to $62.58. Quarterly return on assets was 1.33% and return on equity was 9.54%. The company paid a quarterly cash dividend of $0.35 per share.
Positive
- Quarterly net income $10.6M, up from $9.4M QoQ and $6.9M YoY
- Nine-month net income $28.3M, up from $20.7M in 2025 period
- Net interest income $22.5M for quarter; $65.2M for nine months vs $59.1M
- Book value per share increased to $62.58 from $58.70 YoY
- ROA 1.33% and ROE 9.54% for quarter, both above prior-year levels
- Non-interest expense for nine months decreased to $34.4M from $37.1M
Negative
- Customer and brokered deposit accounts decreased to $1.83B from $1.88B at March 31, 2026
AI-generated analysis. How Rhea-AI works. Not financial advice.
Net income for the nine months ended June 30, 2026, was
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
(Financial Highlights Schedule Attached)
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NASB Financial, Inc. | |||||||||||
Financial Highlights | |||||||||||
(Dollars in thousands, except per share data) | |||||||||||
Three Months Ended | Nine Months Ended | ||||||||||
6/30/26 | 3/31/26 | 6/30/25 | 6/30/26 | 6/30/25 | |||||||
EARNINGS DATA: | |||||||||||
Net interest income | $ | 22,535 | 21,746 | 19,957 | 65,241 | 59,081 | |||||
Provision for credit losses | 250 | 100 | 370 | 350 | 571 | ||||||
Non-interest income | 2,554 | 2,545 | 2,400 | 6,988 | 6,042 | ||||||
Non-interest expense | 10,830 | 11,709 | 12,833 | 34,383 | 37,146 | ||||||
Income tax expense | 3,446 | 3,071 | 2,252 | 9,224 | 6,742 | ||||||
Net income | $ | 10,563 | 9,411 | 6,902 | 28,272 | 20,664 | |||||
FINANCIAL CONDITION DATA: | |||||||||||
Total assets | $ | 3,199,270 | 3,156,241 | 2,938,963 | 3,199,270 | 2,938,963 | |||||
Total loans held for investments and mortgage-backed securities, net | 2,208,810 | 2,202,682 | 2,162,032 | 2,208,810 | 2,162,032 | ||||||
Customer and brokered deposit accounts | 1,832,867 | 1,875,016 | 1,835,263 | 1,832,867 | 1,835,263 | ||||||
Stockholders' equity | 445,572 | 440,065 | 423,572 | 445,572 | 423,572 | ||||||
FINANCIAL RATIOS AND PER SHARE DATA: | |||||||||||
Book value per share | $ | 62.58 | 61.32 | 58.70 | 62.58 | 58.70 | |||||
Earnings per share | 1.48 | 1.30 | 0.96 | 3.93 | 2.86 | ||||||
Cash dividends paid per share | 0.35 | 0.35 | 0.25 | 1.05 | 0.75 | ||||||
Return on assets (annualized net income divided by total average assets) | 1.33 % | 1.23 % | 0.92 % | 1.23 % | 0.95 % | ||||||
Return on equity (annualized net income divided by average stockholders' equity) | 9.54 % | 8.59 % | 6.54 % | 8.60 % | 6.59 % | ||||||
Weighted average shares outstanding | 7,151,566 | 7,222,560 | 7,225,785 | 7,199,935 | 7,230,989 | ||||||
View original content:https://www.prnewswire.com/news-releases/nasb-financial-inc-announces-financial-results-302843996.html
SOURCE NASB Financial, Inc.