NASB Financial, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023
August 09, 2023 at 04:09 pm EDT
Share
NASB Financial, Inc. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported net interest income was USD 20.48 million compared to USD 20.86 million a year ago. Net income was USD 8.42 million compared to USD 10.12 million a year ago. Basic earnings per share from continuing operations was USD 1.14 compared to USD 1.37 a year ago.
For the nine months, net interest income was USD 64.07 million compared to USD 58.73 million a year ago. Net income was USD 15.01 million compared to USD 27.57 million a year ago. Basic earnings per share from continuing operations was USD 2.03 compared to USD 3.72 a year ago.
NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. (the Bank). The Bank is engaged in providing an array of personal banking, investment and lending products in the Kansas City metro area. The Bank offers residential and commercial mortgages. It offers banking solutions including checking accounts, savings accounts, certificates of deposits (CDs), money market accounts, mortgage loans and commercial loans. Its lending activities include home loans, mortgage refinances, mortgage programs and mortgage customer service. Its investment real estate lending includes commercial real estate loans, construction and development loans, individual retirement account lending and investment property loan. Its branches are located in Grandview, Lee's Summit, Independence, Harrisonville, Kansas City, Platte City, Excelsior Springs, St. Joseph and Lexington, Missouri.