North American Savings Bank owner reports improved financial results

NASB Financial Inc., the parent company of North American Savings Bank, on Thursday reported sharply higher third-quarter profits, thanks partly to improvements in the real estate market and in the quality of its loan portfolio.

The Grandview company said it earned $9.15 million for the three months that ended June 30, up from net income of $4.59 million in the same quarter last year.

Through the first nine months, NASB said it earned $17.44 million, compared with a profit of $12.77 million a year earlier.

For the full report, click here.

The Star

This story was originally published August 6, 2015 at 9:42 AM with the headline "North American Savings Bank owner reports improved financial results."