American Savings Bank

American Savings Bank Reports First Quarter 2024 Financial Results

Retrieved on:

Tuesday, April 30, 2024

“American Savings Bank executed well in the first quarter, generating higher net income compared to both the linked quarter and the same quarter last year,” said Ann Teranishi, president and chief executive officer of ASB.

Key Points:

“American Savings Bank executed well in the first quarter, generating higher net income compared to both the linked quarter and the same quarter last year,” said Ann Teranishi, president and chief executive officer of ASB.
First quarter 2024 net interest income was $62.3 million compared to $61.2 million in the linked quarter and $64.9 million in the first quarter of 2023.
Concurrent with ASB’s regulatory filing 30 days after the end of the quarter, ASB announced its first quarter 2024 financial results today.
Please note that these reported results relate only to ASB and are not necessarily indicative of HEI’s consolidated financial results for the first quarter 2024.

Hawaiian Electric Industries to Announce First Quarter 2024 Results May 10; American Savings Bank to Announce First Quarter 2024 Results April 30

Retrieved on:

Tuesday, April 16, 2024

Finance, Banking, Energy, Professional Services, Utilities, Hawaiian Electric Industries, American Savings Bank, Savings bank, PUC, Public utilities commission, Webcast, F.S.B, ASB, HEI

Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) will announce its first quarter 2024 financial results on Friday, May 10 and conduct a webcast and conference call to discuss the results at 10:30 a.m. Hawaii time (4:30 p.m. Eastern time).

Key Points:

Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) will announce its first quarter 2024 financial results on Friday, May 10 and conduct a webcast and conference call to discuss the results at 10:30 a.m. Hawaii time (4:30 p.m. Eastern time).
(ASB), a wholly owned indirect subsidiary of HEI, will announce its first quarter 2024 financial results on Tuesday, April 30.
To listen to the conference call, dial 1-888-660-6377 (U.S.) or 1-929-203-0797 (international) and enter passcode 2393042.
No information on the PUC website is incorporated by reference into this document or into HEI’s and Hawaiian Electric’s SEC filings.

NASB Financial, Inc. Announces Redemption of Trust Preferred Securities

Retrieved on:

Monday, April 1, 2024

NASB, American Savings Bank, Safety, Trust, OTCQX, F.S.B

KANSAS CITY, Mo., April 1, 2024 /PRNewswire/ -- NASB Financial, Inc. (OTCQX: NASB) (the "Company") announced today that NASB Preferred Trust I (the" Trust"), a subsidiary trust of the Company, is redeeming $25 million of outstanding trust preferred securities ("TRUPS"), which constitute all outstanding TRUPS issued by the Trust.

Key Points:

KANSAS CITY, Mo., April 1, 2024 /PRNewswire/ -- NASB Financial, Inc. (OTCQX: NASB) (the "Company") announced today that NASB Preferred Trust I (the" Trust"), a subsidiary trust of the Company, is redeeming $25 million of outstanding trust preferred securities ("TRUPS"), which constitute all outstanding TRUPS issued by the Trust.
The securities are being redeemed on April 30, 2024, at the contractual call price of 100% plus any accrued interest payable through the redemption date.
All related junior subordinated debentures issued by the Company to the Trust will be repaid as part of the redemption transaction.
("NASB").

NASB Financial, Inc. Declares Cash Dividends on Common Stock

Retrieved on:

Thursday, February 29, 2024

Safety, American Savings Bank, OTCQX, NASB, F.S.B

NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B.

Key Points:

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 by providing an array of personal banking and lending products in the Kansas City metro area.
NASB offers competitive residential and commercial mortgages nationwide with the safety and security of a Federal financial institution.

HEI Reports 2023 Results

Retrieved on:

Tuesday, February 13, 2024

“Our core businesses delivered solid results under challenging circumstances, and both the utility and bank remain focused on supporting our communities and customers.

Key Points:

“Our core businesses delivered solid results under challenging circumstances, and both the utility and bank remain focused on supporting our communities and customers.
Excluding incremental after-tax Maui windstorm and wildfire-related expenses, Hawaiian Electric’s core net income3 for 2023 was $195.1 million.
For the fourth quarter 2023, return on average equity was 2.7%, compared to 15.7% in the fourth quarter of 2022.
HEI will conduct a webcast and conference call to review its fourth quarter and full year 2023 consolidated financial results today at 11:30 a.m. Hawaii time (4:30 p.m. Eastern).

NASB Financial, Inc. Announces Financial Results

Retrieved on:

Wednesday, February 7, 2024

American Savings Bank, OTCQX, F.S.B, NASB, Safety, The Company

KANSAS CITY, Mo., Feb. 7, 2024 /PRNewswire/ -- NASB Financial, Inc. (the "Company") (OTCQX: NASB) announced today net income for the quarter ended December 31, 2023, of $7.6 million or $1.03 per share.

Key Points:

KANSAS CITY, Mo., Feb. 7, 2024 /PRNewswire/ -- NASB Financial, Inc. (the "Company") (OTCQX: NASB) announced today net income for the quarter ended December 31, 2023, of $7.6 million or $1.03 per share.
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 by providing an array of personal banking and lending products in the Kansas City metro area.

American Savings Bank Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on:

Tuesday, January 30, 2024

Fourth quarter 2023 net interest income was $61.2 million compared to $62.6 million in the third, or linked quarter of 2023 and $66.1 million in the fourth quarter of 2022.

Key Points:

Fourth quarter 2023 net interest income was $61.2 million compared to $62.6 million in the third, or linked quarter of 2023 and $66.1 million in the fourth quarter of 2022.
Net interest margin for the fourth quarter of 2023 was 2.63%, compared to 2.70% in the linked quarter, and 2.91% in the fourth quarter of 2022.
The fourth quarter 2023 provision for credit losses was $0.3 million, compared to $8.8 million in the linked quarter and $2.7 million in the fourth quarter of 2022.
The net charge-off ratio for the fourth quarter of 2023 was 0.15%, compared to 0.07% in the linked quarter and 0.06% in the fourth quarter of 2022.

HEI to Announce Fourth Quarter and Full Year 2023 Results February 13; American Savings Bank to Announce 2023 Results January 30

Retrieved on:

Tuesday, January 16, 2024

Professional Services, Business, Utilities, Energy, Finance, Asset Management, Banking, F.S.B, PUC, Savings bank, Hawaiian Electric Industries, HEI, American Savings Bank, Webcast, Public utilities commission, ASB

In addition, American Savings Bank, F.S.B.

Key Points:

In addition, American Savings Bank, F.S.B.
(ASB), a wholly owned indirect subsidiary of HEI, will announce its fourth quarter and full year 2023 financial results on Tuesday, January 30.
To listen to the conference call, dial 1-888-660-6377 (U.S.) or 1-929-203-0797 (international) and enter passcode 2393042.
No information on the PUC website is incorporated by reference into this document or into HEI’s and Hawaiian Electric’s SEC filings.

NASB Financial, Inc. Announces Financial Results

Retrieved on:

Thursday, December 14, 2023

OTCQX, American Savings Bank, NASB, The Company, Safety, F.S.B, Cryptocurrency, Kansas City metropolitan area

KANSAS CITY, Mo., Dec. 14, 2023 /PRNewswire/ -- NASB Financial, Inc. (the "Company") (OTCQX: NASB) announced today net income for the quarter ended September 30, 2023, of $6.6 million or $0.90 per share.

Key Points:

KANSAS CITY, Mo., Dec. 14, 2023 /PRNewswire/ -- NASB Financial, Inc. (the "Company") (OTCQX: NASB) announced today net income for the quarter ended September 30, 2023, of $6.6 million or $0.90 per share.
Net income for the year ended September 30, 2023, was $21.6 million or $2.92 per share.
NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B.
NASB offers competitive residential and commercial mortgages nationwide with the safety and security of a Federal institution.

NASB Financial, Inc. Declares Cash Dividends on Common Stock

Retrieved on:

Thursday, December 7, 2023

OTCQX, American Savings Bank, NASB, Safety, F.S.B, Holding company, Bank, Kansas City metropolitan area

NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B.

Key Points:

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 by providing an array of personal banking and lending products in the Kansas City metro area.
NASB offers competitive residential and commercial mortgages nationwide with the safety and security of a Federal financial institution.