NASB Financial, Inc. Announces Financial Results

NASB Financial, Inc. (the “Company”) (OTCQX: NASB) announced today net income for the quarter ended December 31, 2024, of $8.0 million or $1.10 per share. This compares to net income of $6.1 million or $0.84 per share for the quarter ended September 30, 2024, and compares to net income of $7.6 million or $1.03 per share for the quarter ended December 31, 2023.

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 byprovidingan array of personal banking and lending productsin the Kansas City metro area. NASB offers competitive residential and commercial mortgagesnationwide with the safety and security of a Federal institution. For more information, visit nasb.com.

(Financial Highlights Schedule Attached)

NASB Financial, Inc.Financial Highlights(Dollars in thousands, except per share data) Three Months Ended 12/31/24 9/30/24 12/31/23EARNINGS DATA: Net interest income $ 19,564 19,904 18,877 Provision for credit losses 66 (71) (1,468) Non-interest income 3,124 873 1,125 Non-interest expense 12,073 13,071 12,016 Income tax expense 2,595 1,633 1,817 Net income $ 7,954 6,144 7,637FINANCIAL CONDITION DATA: Total assets $ 2,919,2632,860,399 2,752,294 Total loans held for investment and 2,186,0762,170,905 2,163,559 mortgage-backed securities, net Customer and brokered deposit 1,800,4191,729,642 1,699,188 accounts Stockholders' equity 413,891 413,204 398,966FINANCIAL RATIOS AND PER SHARE DATA: Book value per share $ 57.20 57.18 53.93 Earnings per share 1.10 0.84 1.03 Cash dividends paid per share 0.25 0.25 0.25 Return on assets (annualized net income 1.10% 0.87% 1.10% divided by total average assets) Return on equity (annualized net income 7.69% 5.99% 7.78% divided by average stockholders' equity) Weighted average shares outstanding 7,232,4737,327,387 7,392,679

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SOURCE NASB Financial, Inc.

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