NASB Financial Q2 net income rises on lower non-interest expense

NASB FINANCIAL INC

NASB FINANCIAL INC

NASB

0.00


Overview

  • US thrift holding company's Q2 net income and EPS rose yr/yr and sequentially

  • Net interest income and non-interest income increased from prior quarter and yr/yr

  • Non-interest expense declined from a year ago


Outlook

  • Company did not provide specific guidance or outlook for future periods in its press release


Result Drivers

  • NON-INTEREST INCOME - Non-interest income increased to $2.5 mln from $1.9 mln in the prior qtr and $0.5 mln a yr ago

  • NON-INTEREST EXPENSE - Non-interest expense declined to $11.7 mln from $12.2 mln a yr ago


Company press release: ID:nPn8mKjhda


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

$1.30

Q2 Net Income

$9.41 mln

Q2 Net Interest Income

$21.75 mln

Q2 Credit Loss Provision

$100,000


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