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NASB Financial, Inc. Announces Financial Results

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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) ha riportato risultati finanziari solidi per il Q4 2024, con un reddito netto di 8,0 milioni di dollari (1,10 dollari per azione), in aumento rispetto a 6,1 milioni di dollari (0,84 dollari per azione) nel Q3 2024 e 7,6 milioni di dollari (1,03 dollari per azione) nel Q4 2023. Il reddito netto da interessi della compagnia ha raggiunto i 19,6 milioni di dollari, mentre il totale degli attivi è cresciuto a 2,92 miliardi di dollari.

I principali indicatori finanziari mostrano che i depositi dei clienti e quelli intermediati sono aumentati a 1,80 miliardi di dollari, e la compagnia ha mantenuto un valore contabile per azione di 57,20 dollari. Il ritorno sugli attivi si attesta all'1,10%, mentre il ritorno sul capitale è stato del 7,69%. La compagnia ha continuato il pagamento del dividendo trimestrale di 0,25 dollari per azione.

NASB Financial (OTCQX: NASB) reportó resultados financieros sólidos para el Q4 2024, con un ingreso neto de 8.0 millones de dólares (1.10 dólares por acción), en comparación con 6.1 millones de dólares (0.84 dólares por acción) en el Q3 2024 y 7.6 millones de dólares (1.03 dólares por acción) en el Q4 2023. Los ingresos netos por intereses de la compañía alcanzaron los 19.6 millones de dólares, mientras que el total de activos creció a 2.92 mil millones de dólares.

Los principales indicadores financieros muestran que los depósitos de clientes y los depósitos intermediados aumentaron a 1.80 mil millones de dólares, y la compañía mantuvo un valor contable por acción de 57.20 dólares. El retorno sobre activos fue del 1.10%, mientras que el retorno sobre el patrimonio fue del 7.69%. La compañía continuó con el pago de dividendos trimestrales de 0.25 dólares por acción.

NASB Financial (OTCQX: NASB)는 2024년 4분기 강력한 재무 결과를 보고했으며, 순이익 800만 달러 (주당 1.10달러)는 2024년 3분기 610만 달러 (주당 0.84달러) 및 2023년 4분기 760만 달러 (주당 1.03달러)에서 증가했습니다. 회사의 순이자 수익은 1960만 달러에 달했으며, 총 자산은 29억 2000만 달러로 증가했습니다.

주요 재무 지표에 따르면 고객 및 중개인 예금은 18억 달러로 증가했으며, 회사는 주당 57.20달러의 장부가치를 유지했습니다. 자산 수익률은 1.10%, 자기자본 수익률은 7.69%였습니다. 회사는 주당 0.25달러의 분기 배당금을 계속 지급했습니다.

NASB Financial (OTCQX: NASB) a annoncé de solides résultats financiers pour le T4 2024, avec un revenu net de 8,0 millions de dollars (1,10 dollar par action), en hausse par rapport à 6,1 millions de dollars (0,84 dollar par action) au T3 2024 et 7,6 millions de dollars (1,03 dollar par action) au T4 2023. Le revenu net d'intérêts de la société a atteint 19,6 millions de dollars, tandis que le total des actifs a augmenté à 2,92 milliards de dollars.

Les principaux indicateurs financiers montrent que les dépôts des clients et les dépôts intermédiaires ont augmenté à 1,80 milliard de dollars, et la société a maintenu une valeur comptable par action de 57,20 dollars. Le retour sur actifs s'élevait à 1,10 %, tandis que le retour sur capitaux propres était de 7,69 %. La société a poursuivi le paiement de dividendes trimestriels de 0,25 dollar par action.

NASB Financial (OTCQX: NASB) berichtete für das 4. Quartal 2024 von starken finanziellen Ergebnissen, mit einem Nettoeinkommen von 8,0 Millionen Dollar (1,10 Dollar pro Aktie), im Vergleich zu 6,1 Millionen Dollar (0,84 Dollar pro Aktie) im 3. Quartal 2024 und 7,6 Millionen Dollar (1,03 Dollar pro Aktie) im 4. Quartal 2023. Die Nettozinserträge des Unternehmens beliefen sich auf 19,6 Millionen Dollar, während die Gesamtsumme der Vermögenswerte auf 2,92 Milliarden Dollar anstieg.

Wichtige Finanzkennzahlen zeigen, dass die Kundeneinlagen und die vermittelten Einlagen auf 1,80 Milliarden Dollar angestiegen sind, und das Unternehmen einen Buchwert von 57,20 Dollar pro Aktie beibehalten hat. Die Gesamtkapitalrendite lag bei 1,10 %, während die Eigenkapitalrendite 7,69 % betrug. Das Unternehmen setzte die vierteljährliche Dividende von 0,25 Dollar pro Aktie fort.

Positive
  • Net income increased 29.5% QoQ to $8.0 million
  • Earnings per share grew to $1.10 from $0.84 QoQ
  • Total assets increased by 2.1% QoQ to $2.92 billion
  • Customer and brokered deposits grew by 4.1% QoQ to $1.80 billion
  • Book value per share improved to $57.20 from $53.93 YoY
Negative
  • Net interest income declined slightly QoQ from $19.9M to $19.6M
  • Return on equity decreased YoY from 7.78% to 7.69%
  • Weighted average shares outstanding decreased, indicating share buybacks or cancellations

KANSAS CITY, Mo., Feb. 5, 2025 /PRNewswire/ -- NASB Financial, Inc. (the "Company") (OTCQX: NASB) announced today net income for the quarter ended December 31, 2024, of $8.0 million or $1.10 per share.  This compares to net income of $6.1 million or $0.84 per share for the quarter ended September 30, 2024, and compares to net income of $7.6 million or $1.03 per share for the quarter ended December 31, 2023. 

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 Kansas City metro area.  NASB offers competitive residential and commercial mortgages nationwide with the safety and security of a Federal institution.  For more information, visit nasb.com.

(Financial Highlights Schedule Attached)

NASB Financial, Inc.


Financial Highlights


(Dollars in thousands, except per share data)














Three Months Ended






    12/31/24

       9/30/24

    12/31/23


EARNINGS DATA:








Net interest income


$

19,564

19,904

18,877



Provision for credit losses



66

(71)

(1,468)



Non-interest income



3,124

873

1,125



Non-interest expense



12,073

13,071

12,016



Income tax expense



2,595

1,633

1,817



     Net income


$

7,954

6,144

7,637










FINANCIAL CONDITION DATA:








Total assets


$

2,919,263

2,860,399

2,752,294



Total loans held for investment and 

     mortgage-backed securities, net

 

2,186,076

 

2,170,905

 

2,163,559



Customer and brokered deposit

     accounts



 

1,800,419

 

1,729,642

 

1,699,188



Stockholders' equity



413,891

413,204

398,966










FINANCIAL RATIOS AND PER SHARE DATA:



Book value per share


$

57.20

57.18

53.93



Earnings per share



1.10

0.84

1.03



Cash dividends paid per share



0.25

0.25

0.25











Return on assets (annualized net income 
     divided by total average assets)



1.10 %

0.87 %

1.10 %



Return on equity (annualized net income
     
divided by average stockholders' equity)



7.69 %

5.99 %

7.78 %











Weighted average shares outstanding



7,232,473

7,327,387

7,392,679





















 

 

Cision View original content:https://www.prnewswire.com/news-releases/nasb-financial-inc-announces-financial-results-302369185.html

SOURCE NASB Financial, Inc.

FAQ

What was NASB Financial's net income for Q4 2024?

NASB Financial reported a net income of $8.0 million ($1.10 per share) for the quarter ended December 31, 2024.

How did NASB's Q4 2024 earnings compare to the previous quarter?

NASB's Q4 2024 earnings increased by 29.5% to $8.0 million ($1.10 per share) compared to $6.1 million ($0.84 per share) in Q3 2024.

What was NASB Financial's total asset value as of December 31, 2024?

NASB Financial's total assets were $2.92 billion as of December 31, 2024.

What is NASB Financial's current quarterly dividend payment?

NASB Financial maintains a quarterly dividend payment of $0.25 per share.

How much did NASB's customer and brokered deposits grow in Q4 2024?

Customer and brokered deposits increased to $1.80 billion, representing a 4.1% growth from the previous quarter.

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