NSTS

MKT CAP:$67M

NSTS Bancorp, Inc.

Market Cap

$67M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$12.88+$0.16 (+1.26%)

Apr 21, 2026

Company Details

NSTS Bancorp, Inc. operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers checking, money market, savings, and time deposit accounts; and ...

CEO

Stephen G. Lear

IPO Date

Jan 19, 2022

Website

www.northshoretrust.com

Key Metrics TTM

Revenue

$13M

+8.3% YoY

Net Income

-$386.0K

EPS (Diluted)

-$0.08

Free Cash Flow

$4M

Revenue / Share

$2.65

Gross Margin

74.4%

Operating Margin

-3.0%

Net Margin

-3.0%

FCF Margin

30.0%

P/S

5.2x

P/E

—

Earnings Reports

FY 2025

Mar 27, 2026

$13M+10.2%EPS -$0.08

Q4 2025

Mar 27, 2026

$3M+0.1%EPS $0.03

Q3 2025

Nov 13, 2025

$3M+9.6%EPS $0.01

Q2 2025

Aug 14, 2025

$3M+13.2%EPS -$0.05

Q1 2025

May 14, 2025

$3M+11.4%EPS -$0.07

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$1M	$1M	-$355.0K
Q2 22	$2M	$2M	$189.0K
Q3 22	$2M	$2M	$87.0K
Q4 22	$2M	$2M	$252.0K
Q1 23	$2M	$2M	$142.0K
Q2 23	$2M	$2M	-$91.0K
Q3 23	$2M	$2M	-$337.0K
Q4 23	$441.0K	-$278.0K	-$3M
Q1 24	$3M	$2M	-$246.0K
Q2 24	$3M	$2M	-$326.0K
Q3 24	$3M	$2M	-$171.0K
Q4 24	$3M	$2M	-$46.0K
Q1 25	$3M	$2M	-$328.0K
Q2 25	$3M	$2M	-$258.0K
Q3 25	$3M	$2M	$65.0K
Q4 25	$3M	$3M	$135.0K

Valuation

Quarter	P/S	P/E
Q1 22	8.1x	—
Q2 22	8.4x	—
Q3 22	7.9x	—
Q4 22	6.8x	1884.2x
Q1 23	5.4x	91.0x
Q2 23	6.0x	231.6x
Q3 23	5.6x	—
Q4 23	7.2x	—
Q1 24	6.6x	—
Q2 24	5.8x	—
Q3 24	5.5x	—
Q4 24	4.8x	—
Q1 25	4.5x	—
Q2 25	4.7x	—
Q3 25	4.3x	—
Q4 25	4.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$2M	$2M
Q2 22	$32.0K	-$123.0K
Q3 22	$2M	$2M
Q4 22	-$453.0K	-$454.0K
Q1 23	$263.0K	$263.0K
Q2 23	-$127.0K	-$132.0K
Q3 23	$227.0K	$153.0K
Q4 23	$68.0K	-$369.0K
Q1 24	$92.0K	$76.0K
Q2 24	-$2M	-$2M
Q3 24	$2M	$2M
Q4 24	$9M	$9M
Q1 25	-$3M	-$3M
Q2 25	$655.0K	$616.0K
Q3 25	$3M	$3M
Q4 25	$3M	$3M

Capital Expenditures

Quarter	CapEx
Q1 22	$44.0K
Q2 22	$155.0K
Q3 22	$15.0K
Q4 22	$1.0K
Q1 23	$0
Q2 23	$5.0K
Q3 23	$74.0K
Q4 23	$437.0K
Q1 24	$16.0K
Q2 24	$116.0K
Q3 24	$52.0K
Q4 24	$135.0K
Q1 25	$54.0K
Q2 25	$39.0K
Q3 25	$93.0K
Q4 25	$147.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-9.4%	+4.6%
Q2 22	+45.7%	+22.7%
Q3 22	+20.0%	+14.8%
Q4 22	+36.5%	+17.6%
Q1 23	+36.5%	+1.8%
Q2 23	-9.4%	+3.8%
Q3 23	+11.1%	+35.6%
Q4 23	-78.1%	+77.0%
Q1 24	+35.4%	+59.2%
Q2 24	+52.1%	+61.2%
Q3 24	+46.8%	+33.3%
Q4 24	+652.2%	+8.0%
Q1 25	+11.4%	+13.2%
Q2 25	+13.2%	+9.8%
Q3 25	+9.6%	+1.7%
Q4 25	+0.1%	-5.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$54.0K	3.7%
Q2 22	$49.0K	2.3%
Q3 22	$48.0K	2.6%
Q4 22	$95.0K	4.7%
Q1 23	$55.0K	2.8%
Q2 23	$75.0K	3.8%
Q3 23	$220.0K	10.7%
Q4 23	$368.0K	83.4%
Q1 24	$213.0K	7.9%
Q2 24	$213.0K	7.1%
Q3 24	$214.0K	7.1%
Q4 24	$341.0K	10.3%
Q1 25	$221.0K	7.4%
Q2 25	$238.0K	7.0%
Q3 25	$45.0K	1.4%
Q4 25	$365.0K	11.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$1M	$26.0K
Q2 22	$1M	$12.0K
Q3 22	$1M	$29.0K
Q4 22	$690.0K	$23.0K
Q1 23	$1M	$24.0K
Q2 23	$1M	$27.0K
Q3 23	$1M	$14.0K
Q4 23	$2M	$39.0K
Q1 24	$1M	$84.0K
Q2 24	$2M	$91.0K
Q3 24	$2M	$60.0K
Q4 24	$2M	$51.0K
Q1 25	$2M	$42.0K
Q2 25	$2M	$39.0K
Q3 25	$2M	$32.0K
Q4 25	$2M	$28.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$55M	$113M	$168M
Q2 22	$37M	$121M	$158M
Q3 22	$22M	$125M	$148M
Q4 22	$18M	$121M	$139M
Q1 23	$14M	$121M	$135M
Q2 23	$13M	$117M	$130M
Q3 23	$12M	$110M	$122M
Q4 23	$33M	$4M	$38M
Q1 24	$38M	$80M	$118M
Q2 24	$33M	$75M	$109M
Q3 24	$36M	$75M	$111M
Q4 24	$55M	$1M	$56M
Q1 25	$59M	$880.0K	$60M
Q2 25	$49M	$958.0K	$50M
Q3 25	$35M	$796.0K	$36M
Q4 25	$1M	$79M	$80M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	4M	-26.4%	-26.4%
Q2 22	5M	+25.1%	-7.9%
Q3 22	5M	0.0%	-7.9%
Q4 22	5M	+0.3%	-7.6%
Q1 23	5M	+0.0%	+25.6%
Q2 23	5M	-0.3%	+0.1%
Q3 23	5M	+2.4%	+2.4%
Q4 23	5M	-3.3%	-1.2%
Q1 24	5M	-0.0%	-1.3%
Q2 24	5M	-0.0%	-1.0%
Q3 24	5M	-0.3%	-3.6%
Q4 24	5M	-0.5%	-0.9%
Q1 25	5M	+0.0%	-0.9%
Q2 25	5M	+0.1%	-0.8%
Q3 25	5M	+0.5%	+0.0%
Q4 25	5M	+0.1%	+0.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$41.5K	35
Q2 22	$62.2K	35
Q3 22	$53.1K	35
Q4 22	$57.5K	35
Q1 23	$56.7K	35
Q2 23	$56.3K	35
Q3 23	$59.0K	35
Q4 23	$9.6K	46
Q1 24	$58.4K	46
Q2 24	$65.2K	46
Q3 24	$65.9K	46
Q4 24	$62.6K	53
Q1 25	$56.5K	53
Q2 25	$64.0K	53
Q3 25	$62.7K	53
Q4 25	$67.7K	49

Revenue / Employee