NASB Financial, Inc. (NASB: Quote) reported third-quarter net income of $5.1 million or $0.64 per share, compared to $4.4 million or $0.56 per share in the comparable quarter a year ago.
Net interest income for the quarter declined to $11.72 million from $13.18 million in the prior year quarter, while non-interest income was $15.56 million, compared to $6.39 million in the year-ago quarter.
For nine months, net income was $10.4 million or $1.32 per share, compared to a net loss of $23.2 million or $2.94 per share in the year-ago period.
Net interest income for the period dropped to $37.93 million from $38.91 million in the previous year period, while non-interest income for nine months was $34.40 million, up from $13.72 million last year.
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by RTT Staff Writer
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