NASB Financial, Inc. Announces Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2018
December 13, 2018 at 04:54 pm EST
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NASB Financial, Inc. announced earnings results for the fourth quarter and full year ended September 30, 2018. For the quarter, the company announced that net income of $8,477,000 or $1.15 per share compares to net income of $7,221,000 or $0.98 per share a year ago. Net interest income was $20,916,000 against $19,126,000 a year ago.
For the full year, the company announced that net income of $29,131,000 or $3.94 per share compares to net income of $29,397,000 or $3.98 per share a year ago. Net interest income was $77,928,000 against $74,114,000 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.