- Kish Bancorp, Inc. (KISB, Financial) reported a net income of $3.8 million for Q2 2025, a 21% increase from the previous year.
- Total assets grew by 13.8% year-over-year, reaching $1.8 billion as of June 30, 2025.
- The company expanded its net interest margin to 3.36%, indicating improved profitability.
Kish Bancorp, Inc. (KISB), the parent company of Kish Bank, announced its financial results for the second quarter of 2025, reporting a net income of $3.8 million or $1.28 per share. This represents a notable increase from $3.1 million, or $1.06 per share, recorded during the same quarter in 2024. Over the first six months of 2025, the company achieved a net income of $7.4 million, marking a significant improvement from $6.2 million recorded in the comparable period in 2024.
Key financial highlights for the quarter include a 13.8% increase in total assets, which reached $1.8 billion by June 30, 2025. This growth was driven by a 17.8% rise in total loans, amounting to $1.6 billion, reflecting the company's robust loan acquisition efforts. Total deposits also increased by 7.0% year-over-year to $1.4 billion.
The company reported an expansion in net interest margin to 3.36% from 3.29% a year earlier, thanks to effective balance sheet management and a reduction in the cost of funds amidst easing market rates. Net interest income before provision for credit losses grew by 17.6% to $14.2 million.
Noninterest income for the quarter rose by 19.1% to $3.1 million, supported by increased service fees on deposit accounts and contributions from the company’s insurance division. Simultaneously, noninterest expenses increased by 17.1% to $12.2 million, driven by strategic investments in technology and workforce expansion to support ongoing growth.
Kish Bancorp maintained a strong financial position with a Tier 1 leverage ratio of 8.91%, a Tier 1 capital ratio of 9.83%, and a total risk-based capital ratio of 10.53%. The company announced a quarterly dividend of $0.39 per share, offering a yield of 4.33%, maintaining its longstanding commitment to providing shareholder returns.
