Welcome to our dedicated page for Nasb Finl news (Ticker: NASB), a resource for investors and traders seeking the latest updates and insights on Nasb Finl stock.
NASB Financial, Inc. (OTCQX: NASB) is a unitary thrift holding company for North American Savings Bank, F.S.B., a federally regulated savings institution. Company news releases describe NASB as serving the financial needs of customers since 1927 through personal banking and lending products in the Kansas City metro area, and through residential and commercial mortgage offerings on a nationwide basis.
This news page aggregates NASB Financial, Inc. updates that focus on its financial performance and capital actions. Regular announcements provide details on net income for specific quarters and fiscal periods, along with information on net interest income, non-interest income, non-interest expense, and income tax expense. These releases also highlight balance sheet items such as total assets, total loans held for investment and mortgage-backed securities, customer and brokered deposit accounts, and stockholders’ equity.
In addition to earnings-related updates, NASB Financial, Inc. frequently announces decisions by its Board of Directors regarding cash dividends on common stock. News items describe regular quarterly cash dividends and, at times, special cash dividends, including the dividend amount per share, the payment date, and the record date for stockholders.
Investors and observers can use this news feed to follow NASB’s reported profitability, changes in key financial ratios such as return on assets and return on equity, and the company’s approach to shareholder distributions through cash dividends. By reviewing these recurring announcements, readers gain insight into how NASB Financial, Inc. presents its operating results and capital management over time.
NASB Financial (OTCQX: NASB) reported net income of $6.1 million ($0.84 per share) for Q4 2024, compared to $6.8 million ($0.92 per share) in Q3 2024 and $6.6 million ($0.90 per share) in Q4 2023. For the full fiscal year 2024, net income reached $28.3 million ($3.83 per share), up from $21.6 million ($2.92 per share) in FY2023.
The company's total assets stood at $2.86 billion, with net loans and mortgage-backed securities at $2.17 billion. Customer and brokered deposits were $1.73 billion, while stockholders' equity reached $413.2 million. The book value per share increased to $57.18, and the company maintained a quarterly dividend of $0.25 per share.
NASB Financial (OTCQX: NASB) has announced a quarterly cash dividend of $0.25 per share. The dividend will be paid on December 27, 2024, to stockholders of record as of December 16, 2024. North American Savings Bank, operating since 1927, serves customers in the Kansas City metro area with personal banking and lending products, while offering nationwide competitive residential and commercial mortgages as a Federal financial institution.
NASB Financial, Inc. (OTCQX: NASB) has announced the upcoming retirement of its Chief Executive Officer, Thomas B. Wagers, following the annual stockholders meeting in January 2025. Enrique Venegas has been appointed as the new CEO and President of both NASB Financial, Inc. and North American Savings Bank, F.S.B., effective October 1, 2024. Mr. Venegas, previously NASB's Executive Vice-President and Chief Lending Officer, brings over twenty years of banking experience to the role.
Mr. Wagers will continue to serve on the Board of Directors for both entities after his retirement. NASB Chairman David Hancock praised Wagers' leadership through challenging times and his role in positioning the company for future success. The Board expressed confidence in Venegas' ability to lead the company forward and achieve its mission.
NASB Financial, Inc. (OTCQX: NASB) has announced a quarterly cash dividend of $0.25 per share. The dividend will be paid on September 27, 2024, to stockholders of record on September 13, 2024. NASB Financial is the holding company for North American Savings Bank, F.S.B., which has been serving customers' financial needs since 1927. The bank offers personal banking and lending products in the Kansas City metro area, as well as competitive residential and commercial mortgages nationwide. NASB operates as a Federal financial institution, providing safety and security for its customers.
NASB Financial, Inc. (OTCQX: NASB) reported net income of $6.8 million or $0.92 per share for the quarter ended June 30, 2024. This represents a decrease from $7.7 million ($1.04 per share) in the previous quarter and $8.4 million ($1.14 per share) in the same quarter last year. For the nine months ended June 30, 2024, net income was $22.1 million or $2.99 per share, up from $15.0 million ($2.03 per share) in the same period last year. The company's total assets stood at $2.79 billion, with total loans and mortgage-backed securities at $2.16 billion. Customer and brokered deposits were $1.70 billion, while stockholders' equity reached $407.1 million. The book value per share increased to $55.06, and the company maintained a quarterly dividend of $0.25 per share.
NASB Financial, which trades under the symbol NASB on OTCQX, has announced a new stock repurchase program authorized by its Board of Directors. This program allows for the repurchase of up to $25 million worth of the company's common stock and will run until June 1, 2027, unless terminated earlier. Shares can be bought back in various ways, including open market transactions and privately negotiated deals. The program's execution will depend on several factors, such as stock price, market conditions, and legal requirements. The company is not obligated to acquire any specific amount of stock and can suspend the program at any time.
NASB Financial, a thrift holding company, announced a quarterly cash dividend of $0.25 per share. The dividend will be paid on June 28, 2024, to shareholders on record by June 14, 2024. This announcement underlines NASB's continued commitment to providing value to its investors.
NASB Financial, through its subsidiary North American Savings Bank, offers a wide range of personal banking and lending products, including competitive residential and commercial mortgages. The company has been serving the Kansas City metro area since 1927 and benefits from the safety and security of being a Federal financial institution.
NASB Financial, Inc. reported net income of $7.7 million or $1.04 per share for the quarter ended March 31, 2024. This is a slight increase from the previous quarter and a significant improvement from the same period last year. The company's earnings for the six months ended March 31, 2024, were $15.3 million or $2.07 per share, showing a strong performance. NASB Financial, Inc. is the holding company for North American Savings Bank, F.S.B., offering personal banking and lending products. The company has competitive residential and commercial mortgage offerings nationwide.
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