Ks Bancorp, Inc. (KSBI) Declares $0.16 Quarterly Dividend; 1.5% Yield

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Go back to Ks Bancorp, Inc. (KSBI) Declares $0.16 Quarterly Dividend; 1.5% Yield

KS Bancorp, Inc. (KSBI) Announces Third Quarter 2021 Financial Results and Cash Dividend

October 21, 2021 9:44 AM EDT

SMITHFIELD, N.C., Oct. 21, 2021 (GLOBE NEWSWIRE) -- KS Bancorp, Inc. (the Company) (OTC Pink: KSBI), parent company of KS Bank, Inc. (the Bank), announced unaudited results for the third quarter of 2021.

The Company reported net income of $1.7 million or $1.52 per diluted share, for the three months ended September 30, 2021, an increase of 47.16% compared to net income of $1.1 million, or $1.03 per diluted share for the three months ended September 30, 2020. For the nine months ended September 30, 2021, the Company reported net income of $4.7 million, or $4.21 per diluted share compared to $3.0 million, or $2.74 per diluted... More