NASB Financial, Inc. Announces Financial Results
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, Inc. (OTCQX: NASB) ha riportato un utile netto di 6,8 milioni di dollari o 0,92 dollari per azione per il trimestre conclusosi il 30 giugno 2024. Questo rappresenta una diminuzione rispetto ai 7,7 milioni di dollari (1,04 dollari per azione) del trimestre precedente e agli 8,4 milioni di dollari (1,14 dollari per azione) dello stesso trimestre dell'anno scorso. Per i nove mesi conclusisi il 30 giugno 2024, l'utile netto è stato di 22,1 milioni di dollari o 2,99 dollari per azione, in aumento rispetto ai 15 milioni di dollari (2,03 dollari per azione) dello stesso periodo dell'anno scorso. I totale attivi dell'azienda ammontavano a 2,79 miliardi di dollari, con prestiti totali e titoli garantiti da ipoteca pari a 2,16 miliardi di dollari. I depositi dei clienti e quelli mediati ammontavano a 1,70 miliardi di dollari, mentre il patrimonio netto degli azionisti ha raggiunto i 407,1 milioni di dollari. Il valore contabile per azione è aumentato a 55,06 dollari, e l'azienda ha mantenuto un dividendo trimestrale di 0,25 dollari per azione.
NASB Financial, Inc. (OTCQX: NASB) reportó un ingreso neto de 6.8 millones de dólares o 0.92 dólares por acción para el trimestre finalizado el 30 de junio de 2024. Esto representa una disminución de 7.7 millones de dólares (1.04 dólares por acción) en el trimestre anterior y 8.4 millones de dólares (1.14 dólares por acción) en el mismo trimestre del año pasado. Para los nueve meses que finalizaron el 30 de junio de 2024, el ingreso neto fue de 22.1 millones de dólares o 2.99 dólares por acción, un aumento con respecto a 15.0 millones de dólares (2.03 dólares por acción) en el mismo período del año pasado. Los activos totales de la compañía se situaron en 2.79 mil millones de dólares, con préstamos totales y valores respaldados por hipoteca de 2.16 mil millones de dólares. Los depósitos de clientes y los intermediados alcanzaron los 1.70 mil millones de dólares, mientras que el patrimonio de los accionistas llegó a 407.1 millones de dólares. El valor contable por acción aumentó a 55.06 dólares y la empresa mantuvo un dividendo trimestral de 0.25 dólares por acción.
NASB Financial, Inc. (OTCQX: NASB)은 2024년 6월 30일 종료된 분기에 대한 순이익 680만 달러 또는 주당 0.92달러를 보고했습니다. 이는 이전 분기의 770만 달러 (주당 1.04달러) 및 작년 같은 분기의 840만 달러 (주당 1.14달러)에서 감소한 수치입니다. 2024년 6월 30일 종료된 9개월 동안의 순이익은 2210만 달러 또는 주당 2.99달러로, 작년 같은 기간의 1500만 달러 (주당 2.03달러)에서 증가했습니다. 회사의 총 자산은 27억 9000만 달러였고, 총 대출 및 모기지 담보 증권은 21억 6000만 달러였습니다. 고객 및 중개 예금은 17억 달러에 달했고, 주주 자본은 4억 710만 달러에 도달했습니다. 주당 장부 가치는 55.06달러로 증가했으며, 회사는 주당 0.25달러의 분기 배당금을 유지했습니다.
NASB Financial, Inc. (OTCQX: NASB) a annoncé un revenu net de 6,8 millions de dollars ou 0,92 dollar par action pour le trimestre clos le 30 juin 2024. Cela représente une diminution par rapport à 7,7 millions de dollars (1,04 dollar par action) au trimestre précédent et à 8,4 millions de dollars (1,14 dollar par action) au même trimestre de l'année dernière. Pour les neuf mois se terminant le 30 juin 2024, le revenu net s'élevait à 22,1 millions de dollars ou 2,99 dollars par action, en hausse par rapport à 15 millions de dollars (2,03 dollars par action) sur la même période de l'année dernière. Les actifs totaux de l'entreprise se chiffraient à 2,79 milliards de dollars, avec des prêts totaux et des titres adossés à des hypothèques s'élevant à 2,16 milliards de dollars. Les dépôts des clients et des courtiers atteignaient 1,70 milliard de dollars, tandis que les capitaux propres des actionnaires s'élevaient à 407,1 millions de dollars. La valeur comptable par action a augmenté à 55,06 dollars, et l'entreprise a maintenu un dividende trimestriel de 0,25 dollar par action.
NASB Financial, Inc. (OTCQX: NASB) meldete einen Nettoeinkommen von 6,8 Millionen Dollar oder 0,92 Dollar pro Aktie für das zum 30. Juni 2024 abgeschlossene Quartal. Dies stellt einen Rückgang gegenüber 7,7 Millionen Dollar (1,04 Dollar pro Aktie) im vorhergehenden Quartal und 8,4 Millionen Dollar (1,14 Dollar pro Aktie) im selben Quartal des Vorjahres dar. Für die neun Monate, die am 30. Juni 2024 endeten, betrug das Nettoergebnis 22,1 Millionen Dollar oder 2,99 Dollar pro Aktie, ein Anstieg gegenüber 15,0 Millionen Dollar (2,03 Dollar pro Aktie) im selben Zeitraum des Vorjahres. Die Gesamtaktiva des Unternehmens beliefen sich auf 2,79 Milliarden Dollar, wobei die Gesamtdarlehen und Hypothekengestützten Wertpapiere 2,16 Milliarden Dollar betrugen. Die Kundeneinlagen und die vermittels Einlagen erreichten 1,70 Milliarden Dollar, während das Eigenkapital der Aktionäre 407,1 Millionen Dollar erreichte. Der Buchwert pro Aktie stieg auf 55,06 Dollar, und das Unternehmen behielt eine vierteljährliche Dividende von 0,25 Dollar pro Aktie bei.
- Net income for the nine months ended June 30, 2024, increased to $22.1 million from $15.0 million in the same period last year
- Book value per share improved to $55.06 from $52.31 year-over-year
- Total assets grew to $2.79 billion from $2.73 billion year-over-year
- Maintained consistent quarterly dividend of $0.25 per share
- Quarterly net income decreased to $6.8 million from $8.4 million year-over-year
- Earnings per share for the quarter declined to $0.92 from $1.14 year-over-year
- Non-interest income for the quarter decreased to $1.17 million from $3.63 million year-over-year
- Customer and brokered deposits decreased to $1.70 billion from $1.74 billion year-over-year
Net income for the nine months ended June 30, 2024, was
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
(Financial Highlights Schedule Attached)
NASB Financial, Inc. | ||||||||||||||||||||||||||
Financial Highlights | ||||||||||||||||||||||||||
(Dollars in thousands, except per share data) | ||||||||||||||||||||||||||
Three Months Ended | Nine Months Ended | |||||||||||||||||||||||||
6/30/24 | 3/31/24 | 6/30/23 | 6/30/24 | 6/30/23 | ||||||||||||||||||||||
EARNINGS DATA: | ||||||||||||||||||||||||||
Net interest income | $ | 19,802 | 19,356 | 20,482 | 58,035 | 64,067 | ||||||||||||||||||||
Provision for credit losses | (9) | 14 | -- | (1,463) | -- | |||||||||||||||||||||
Non-interest income | 1,174 | 2,931 | 3,633 | 5,230 | 5,933 | |||||||||||||||||||||
Non-interest expense | 12,399 | 12,535 | 12,684 | 36,950 | 41,789 | |||||||||||||||||||||
Income tax expense | 1,803 | 2,045 | 2,812 | 5,665 | 6,940 | |||||||||||||||||||||
Net loss from discontinued operations, net of tax | -- | -- | (202) | -- | (6,261) | |||||||||||||||||||||
Net income | $ | 6,783 | 7,693 | 8,417 | 22,113 | 15,010 | ||||||||||||||||||||
FINANCIAL CONDITION DATA: | ||||||||||||||||||||||||||
Total assets | $ | 2,787,478 | 2,862,808 | 2,734,499 | 2,787,478 | 2,734,499 | ||||||||||||||||||||
Total loans held for investments and mortgage-backed securities, net | 2,160,856 | 2,166,975 | 2,132,139 | 2,160,856 | 2,132,139 | |||||||||||||||||||||
Customer and brokered deposit accounts | 1,699,859 | 1,776,611 | 1,740,341 | 1,699,859 | 1,740,341 | |||||||||||||||||||||
Stockholders' equity | 407,079 | 402,393 | 387,491 | 407,079 | 387,491 | |||||||||||||||||||||
FINANCIAL RATIOS AND PER SHARE DATA: | ||||||||||||||||||||||||||
Book value per share | $ | 55.06 | 54.43 | 52.31 | 55.06 | 52.31 | ||||||||||||||||||||
Earnings per share | 0.92 | 1.04 | 1.14 | 2.99 | 2.03 | |||||||||||||||||||||
Cash dividends paid per share | 0.25 | 0.25 | 0.25 | 0.75 | 1.35 | |||||||||||||||||||||
Return on assets (annualized net income divided by total average assets) | 0.96 % | 1.10 % | 1.23 % | 1.05 % | 0.74 % | |||||||||||||||||||||
Return on equity (annualized net income divided by average stockholders' equity) | 6.70 % | 7.68 % | 8.75 % | 7.43 % | 5.22 % | |||||||||||||||||||||
Weighted average shares outstanding | 7,392,789 | 7,395,810 | 7,407,337 | 7,393,756 | 7,410,994 | |||||||||||||||||||||
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SOURCE NASB Financial, Inc.
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