KS Bancorp Q3 Profit Climbs 15% as Loans and Deposits Surge, Dividend Raised
KSBI sits 85% above its 52-week low of $44.05.
Summary
KS Bancorp earned $2.9 million, or $2.58 per diluted share, in Q3 2026, up 15.0% from $2.5 million a year earlier, with EPS rising from $2.24. Net interest income before the provision grew 18.5% to $8.6 million, though noninterest expense jumped to $5.8 million from $4.9 million on personnel, occupancy and technology spending. Balance sheet expansion was the headline: total assets reached $943.7 million, up 14.7% since December 31, 2025, net loans grew 13.5% to $753.7 million and deposits rose 15.0% to $861.6 million. The board raised the quarterly dividend to $0.36 per share from $0.34, payable November 12 to holders of record November 2, and the bank remains well-capitalized with a 9.14% Community Bank Leverage Ratio. For a thinly traded OTC community bank, double-digit growth across every balance sheet line plus a dividend hike is a meaningful validation of the franchise; the offset is that expense growth outpaced revenue growth and the provision for credit losses ticked up to $335 thousand.
At the time of this announcement, KSBI was trading at $81.55 on OTC in the Finance sector, with a market capitalization of approximately $90.3M. The 52-week trading range was $44.05 to $86.67. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.