STOCK TITAN

SECURITY MIDWEST BANCORP (SBMW) Financials

SBMW
Trailing 12 months to June 30, 2026
Revenue $10.1M +4.4% YoY
Net Income $356K -60.4% YoY
EPS (Diluted) $0.42 YoY not available
Free Cash Flow $1.9M +138.4% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SBMW SEC filings page.

SECURITY MIDWEST BANCORP (SBMW) reported $10.1M in revenue over the twelve months to Jun 30, 2026, up 4.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SBMW FY2025

SBMW converts a small profit into cash, but its asset base remains financed overwhelmingly by liabilities while overhead outpaces sales.

The cash-conversion gap widened sharply in FY2025: operating cash flow reached $2.6M against net income of $299K, so reported earnings materially understated cash generation. That gap was much narrower in FY2024, when operating cash flow was $1.2M against net income of $683K, indicating cash generation became more detached from accounting profit.

The balance-sheet posture is structurally leveraged: liabilities represented 91.2% of assets and equaled 10.3x equity in FY2025. Liabilities still grew 16.6% as equity grew 62.1%, so the capital base strengthened faster than obligations even while leverage remained high.

Revenue grew 3.7%, while selling, general and administrative costs rose 36.0%, showing overhead expanded far faster than sales. Net income fell 56.3% even as free cash flow rose 85.9%, so the earnings decline did not translate into weaker reported cash generation.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

SECURITY MIDWEST BANCORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
3/5

SECURITY MIDWEST BANCORP passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.

Earnings Quality Cash-Backed
8.76x

For every $1 of reported earnings, SECURITY MIDWEST BANCORP generates $8.76 in operating cash flow ($2.6M OCF vs $299K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$2.7M
YoY+13.8%
QoQ+1.5%

SECURITY MIDWEST BANCORP generated $2.7M in revenue in Q2 2026. This represents an increase of 13.8% from the same quarter a year earlier. Against the prior quarter it is up 1.5%.

Net Income
$390K
YoY+11.6%
QoQ-6.7%

SECURITY MIDWEST BANCORP reported $390K in net income in Q2 2026. This represents an increase of 11.6% from the same quarter a year earlier. Against the prior quarter it is down 6.7%.

EPS (Diluted)
$0.47
QoQ-6.0%

SECURITY MIDWEST BANCORP earned $0.47 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 6.0%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow
$701K
YoYn/m
QoQn/m

SECURITY MIDWEST BANCORP generated $701K in free cash flow in Q2 2026, representing cash available after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt
$20.3M
YoY-58.5%
QoQ-43.5%

SECURITY MIDWEST BANCORP held $20.3M in cash as of Q2 2026; no long-term debt figure is on record for that period.

Shares Outstanding
889,781
YoY0.0%
QoQ0.0%

SECURITY MIDWEST BANCORP had 889,781 shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Net Margin
14.2%
YoY-0.3pp
QoQ-1.2pp

SECURITY MIDWEST BANCORP's net profit margin was 14.2% in Q2 2026, showing the share of revenue converted to profit. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.

Return on Equity
1.6%
YoY-0.6pp
QoQ-0.2pp

SECURITY MIDWEST BANCORP's quarterly ROE was 1.6% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures
$13K
YoY-79.6%
QoQ-86.3%

SECURITY MIDWEST BANCORP invested $13K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 79.6% from the same quarter a year earlier. Against the prior quarter it is down 86.3%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

SBMW Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SBMW quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$2.7M+13.8%$2.7M+12.1%$2.2M-13.2%$2.5M+5.9%$2.4M+14.5%$2.4M+10.6%$2.5M$2.3M
Interest Expense$887K+62.1%$867K+51.5%$739K+4.3%$542K-30.9%$547K-29.2%$572K-6.1%$709K$784K
Income Tax$151K+27.3%$166K-1.1%-$285Kn/m$118K-7.7%$119K+15.5%$168K+66.7%-$79K$127K
Net Income$390K+11.6%$418K+4.1%-$733Kn/m$281K-24.3%$350K+31.3%$402K+48.6%-$225K$371K
EPS (Basic)$0.47$0.50-$0.89$0.34N/AN/AN/AN/A
EPS (Diluted)$0.47$0.50-$0.89$0.34N/AN/AN/AN/A
Diluted Shares (Avg)831,778831,000N/A828,129N/AN/AN/AN/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.

SBMW Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SBMW quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$244.5M+13.0%$251.3M+15.5%$256.5M+19.6%$203.9M$216.4M$217.6M$214.5MN/A
Cash & Equivalents$20.3M-58.5%$35.9M-29.1%$50.4M+15.7%$34.8M-51.8%$48.9M-7.8%$50.6M-17.8%$43.5M$72.2M
Total Liabilities$220.7M+9.9%$228.5M+12.8%$233.9M+16.6%$180.6M$200.9M$202.5M$200.6MN/A
Total Equity$23.7M+53.0%$22.8M+51.0%$22.6M+62.1%$23.2M+51.4%$15.5M+11.9%$15.1M+13.1%$14.0M$15.4M
Retained Earnings$19.8M+1.8%$19.4M+1.7%$19.0M+1.6%$19.7M$19.4M$19.1M$18.7MN/A

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

SBMW Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SBMW quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$714K+3406.3%-$609K-273.5%$1.2M+876.1%$1.1M+188.0%$20K-13.6%$351K-51.4%$119K$378K
Depreciation & Amortization$61K+13.1%$60K+11.1%$63K+16.7%$63K+16.0%$54K+4.6%$54K-1.1%$54K$54K
Capital Expenditures$13K-79.6%$96K+413.7%$141K+14050100.0%$243K+4204.4%$64K+252.3%$19K-70.1%-$1$6K
Free Cash Flow$701Kn/m-$705K-312.0%$1.0M+757.6%$845K+127.1%-$44K-926.1%$332K-49.7%$119K$372K
Investing Cash Flow-$8.5Mn/m-$9.7M-313.2%-$37.5M-15214.2%-$1.4Mn/m-$363K-116.3%$4.6M+1176.0%$248K-$5.1M
Financing Cash Flow-$7.9Mn/m-$4.2M-288.7%$51.9Mn/m-$13.8M-157.7%-$1.4Mn/m$2.2M-91.8%-$29.0M$23.9M

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

SBMW Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SBMW quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Net Margin14.2%-0.3pp15.4%-1.2pp-33.4%-24.5pp11.4%-4.5pp14.5%+1.8pp16.6%+4.2pp-8.9%16.0%
Return on Equity1.6%-0.6pp1.8%-0.8pp-3.2%-1.6pp1.2%-1.2pp2.3%+0.3pp2.6%+0.6pp-1.6%2.4%
Return on Assets0.2%0.0pp0.2%0.0pp-0.3%-0.2pp0.1%0.2%0.2%-0.1%N/A
Liabilities-to-Equity9.30-3.6x10.00-3.4x10.34-4.0x7.7712.9513.3914.38N/A
Asset Turnover0.010.0x0.010.0x0.010.0x0.010.010.010.01N/A
FCF Margin25.5%+27.3pp-26.0%-39.8pp46.3%+41.6pp34.3%+18.3pp-1.8%-2.1pp13.8%-16.4pp4.7%16.0%

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, Debt-to-Equity.

Frequently Asked Questions

What is SECURITY MIDWEST BANCORP's annual revenue?

SECURITY MIDWEST BANCORP (SBMW) reported $9.5M in total revenue for fiscal year 2025. This represents a 3.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SECURITY MIDWEST BANCORP's revenue growing?

SECURITY MIDWEST BANCORP (SBMW) revenue grew by 3.7% year-over-year, from $9.2M to $9.5M in fiscal year 2025.

Is SECURITY MIDWEST BANCORP profitable?

Yes, SECURITY MIDWEST BANCORP (SBMW) reported a net income of $356K over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $299K, with a net profit margin of 3.1%.

SECURITY MIDWEST BANCORP (SBMW) reported diluted earnings per share of $0.36 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SECURITY MIDWEST BANCORP (SBMW) had a net profit margin of 3.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

SECURITY MIDWEST BANCORP (SBMW) has a return on equity of 1.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

SECURITY MIDWEST BANCORP (SBMW) generated $2.1M in free cash flow during fiscal year 2025. This represents a 85.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

SECURITY MIDWEST BANCORP (SBMW) generated $2.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

SECURITY MIDWEST BANCORP (SBMW) had $256.5M in total assets as of fiscal year 2025, including both current and long-term assets.

SECURITY MIDWEST BANCORP (SBMW) invested $466K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

SECURITY MIDWEST BANCORP (SBMW) had 889,781 shares outstanding as of fiscal year 2025.

SECURITY MIDWEST BANCORP (SBMW) had a liabilities-to-equity ratio of 10.34 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.

SECURITY MIDWEST BANCORP (SBMW) had a return on assets of 0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

SECURITY MIDWEST BANCORP (SBMW) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

SECURITY MIDWEST BANCORP (SBMW) has an earnings quality ratio of 8.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Back to top