Nasb Finl (NASB) Stock News

NASB Financial (OTCQX: NASB) has announced a quarterly cash dividend of $0.25 per share. The dividend will be paid on March 28, 2025, to stockholders of record as of March 14, 2025.

NASB Financial is a unitary thrift holding company for North American Savings Bank (NASB), which has been serving customers' financial needs since 1927. The bank operates in the Kansas City metro area, offering personal banking and lending products, while also providing competitive residential and commercial mortgages nationwide as a Federal financial institution.

NASB Financial (OTCQX: NASB) reported strong financial results for Q4 2024, with net income of $8.0 million ($1.10 per share), up from $6.1 million ($0.84 per share) in Q3 2024 and $7.6 million ($1.03 per share) in Q4 2023. The company's net interest income reached $19.6 million, while total assets grew to $2.92 billion.

Key financial metrics show customer and brokered deposits increased to $1.80 billion, and the company maintained a book value per share of $57.20. Return on assets stood at 1.10%, while return on equity was 7.69%. The company continued its quarterly dividend payment of $0.25 per share.

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.