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KS Bancorp reports strong H1 2026 growth with net income up 26%, assets and loans rising significantly.

Company Fundamentals
24 Jul 2026
Accesswire
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Bullish
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KS Bancorp, Inc. reported robust financial results for the first half of 2026, with net income rising 26.1% year-over-year to $5.4 million and earnings per share increasing to $4.91. Total assets grew 6.4% to $875.5 million, driven by a 7.5% increase in net loans to $714.3 million and a 4.6% rise in deposits to $784.1 million. The bank also completed a $3 million subordinated debt issuance to strengthen capital and announced a 13.3% dividend increase to $0.34 per share. Management highlighted disciplined growth, strong asset quality, and a focus on customer relationships amid uncertain economic conditions.

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