KS Bancorp Q2 net income rises 26.1% year over year to $2.9 million

Reuters2026/07/24 14:35

By:Reuters

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KS Bancorp posted Q2 net income of $2.9 million, up 26.1% year over year; EPS rose to $2.57.
Net interest income before provision climbed 19.1% from a year earlier to $8.2 million; provision for credit losses was $285,000.
Total assets grew 6.4% from Dec. 31, 2025 to $875.5 million; net loans increased 7.5% to $714.3 million.
Deposits rose 4.6% from year-end to $784.1 million; long-term borrowings increased $3 million to $14.2 million after a subordinated debt issuance.
Quarterly cash dividend lifted 13.3% to $0.34 per share; CEO Earl W. Worley, Jr. flagged ongoing investment in personnel, technology, and infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KS Bancorp Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607241035ACCESSWRNAPR_____1195701) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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KS Bancorp Q2 net income rises 26.1% year over year to $2.9 million

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