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NASB Financial, Inc. reports recurring developments for a unitary thrift holding company whose operating subsidiary is North American Savings Bank, F.S.B. The company’s news centers on financial results, common-stock cash dividends, and board governance updates.
Company updates describe personal banking and lending products in the Kansas City metro area, residential and commercial mortgage activity offered nationwide, and banking balance-sheet categories such as loans held for investment, mortgage-backed securities, customer and brokered deposits, stockholders’ equity, earnings per share, book value per share, and return metrics.
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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On March 2, 2023, NASB Financial (OTCQX: NASB) announced a quarterly cash dividend of $0.25 per share. This dividend will be paid on March 31, 2023, to stockholders of record on March 17, 2023. NASB Financial serves as a unitary thrift holding company for North American Savings Bank, providing personal banking and lending products in the Kansas City metro area since 1927. The company offers competitive residential and commercial mortgages nationwide, emphasizing the safety of a Federal financial institution.