Welcome to our dedicated page for Great Southn Bancorp news (Ticker: GSBC), a resource for investors and traders seeking the latest updates and insights on Great Southn Bancorp stock.
Great Southern Bancorp, Inc. (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a community banking organization headquartered in Springfield, Missouri. The company focuses on originating residential and commercial real estate loans, construction loans, commercial business loans, and consumer loans, and offers a range of banking services such as business banking, debit and credit cards, and online and mobile banking.
This GSBC news page aggregates company announcements and market updates drawn from official press releases and related disclosures. Recent items include preliminary quarterly earnings releases that detail net interest income, net interest margin, asset quality metrics, liquidity and capital levels, as well as commentary from management on core banking performance. Investors can also review announcements of quarterly cash dividends and information about stock repurchase authorizations, which illustrate how the company approaches shareholder returns.
In addition, Great Southern Bancorp regularly issues news about upcoming earnings release dates and conference calls, giving analysts and shareholders notice of when preliminary financial results will be discussed. These notices typically reference the company’s retail banking network across Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska, along with its commercial lending offices in cities such as Atlanta, Charlotte, Chicago, Dallas, Denver, Omaha, and Phoenix.
By following the GSBC news feed, readers can monitor the company’s reported profitability trends, capital and liquidity commentary, dividend declarations, and other material events that the company chooses to highlight through press releases and associated communications.
Great Southern Bancorp (NASDAQ:GSBC) reported preliminary Q1 2025 earnings of $1.47 per diluted share ($17.2 million net income), up from $1.13 per share ($13.4 million) in Q1 2024. The company achieved an annualized return on average common equity of 11.30% and net interest margin of 3.57%.
Net interest income increased by $4.5 million (10.1%) to $49.3 million, driven by higher loan interest income and improved yields. Asset quality remained strong with non-performing assets at $9.5 million (0.16% of total assets). The company maintained strong capital positions with a Tier 1 Leverage Ratio of 11.3% and Total Capital Ratio of 15.6%.
The Board approved a new stock repurchase program of up to one million additional shares, succeeding the existing program which had approximately 270,000 shares remaining. The company repurchased nearly 175,000 shares in Q1 2025.
Great Southern Bancorp (NASDAQ:GSBC) has announced its schedule for first quarter 2025 preliminary earnings release and conference call. The company will report earnings after market close on April 16, 2025, followed by a conference call on April 17, 2025 at 2:00 p.m. Central Time (3:00 p.m. Eastern Time).
Investors can access the call live or in recorded format through the company's Investor Relations website. Participants are encouraged to register and join 10 minutes before the event. The earnings results will be published through a news release, posted on the company's Investor Relations website, and filed with the SEC as a Form 8-K.
Great Southern Bancorp (NASDAQ:GSBC) has declared a quarterly dividend of $0.40 per common share for the first quarter of 2025. The dividend will be distributed to stockholders of record on March 31, 2025, with the payment date set for April 14, 2025.
This marks the company's 141st consecutive quarterly dividend payment to common stockholders, demonstrating a consistent track record of shareholder returns.
Great Southern Bancorp (NASDAQ:GSBC) has announced its 36th Annual Meeting of Stockholders, which will be held virtually on May 7, 2025, at 10 a.m. CDT. The meeting will be conducted exclusively through a live webcast, allowing stockholders to participate online.
Shareholders who own GSBC common stock as of the record date, March 4, 2025, will be eligible to vote either during the live webcast or by proxy. The company will provide detailed information about accessing the virtual meeting in its Notice of Annual Meeting and Proxy Statement. All presentation materials will be made available on Great Southern Bank's website before the meeting begins.
Great Southern Bancorp (NASDAQ:GSBC) reported Q4 2024 earnings of $1.27 per diluted share ($14.9 million net income), up from $1.11 per share ($13.1 million) in Q4 2023. The company achieved an annualized return on average equity of 9.76% and return on average assets of 1.00%.
Net interest income increased 9.7% to $49.5 million, with net interest margin improving to 3.49%. Asset quality remained strong with non-performing assets decreasing to $9.6 million (0.16% of total assets). The company maintained strong capital ratios with a Tier 1 Leverage Ratio of 11.4% and Total Capital Ratio of 15.4%.
Notable items include a $2.0 million expense related to a litigation/contract dispute matter, which decreased earnings per share by $0.13. Gross loans grew by $100.5 million (2.2%) to $4.76 billion, driven by multi-family residential and commercial real estate lending.
Great Southern Bancorp (NASDAQ:GSBC) has announced it will release its fourth quarter 2024 preliminary earnings after market close on Tuesday, January 21, 2025. The company will host a conference call to discuss the results on Wednesday, January 22, 2025, at 2:00 p.m. Central Time (3:00 p.m. Eastern Time).
The earnings call will be accessible live and in recorded format through the company's Investor Relations website. Participants are encouraged to register and join 10 minutes before the event. The earnings release will be available on the company's website and filed with the SEC as an exhibit to Form 8-K.
Great Southern Bancorp (NASDAQ:GSBC) has declared a quarterly dividend of $0.40 per common share for Q4 2024. The dividend will be paid on January 14, 2025, to shareholders of record as of December 30, 2024. This marks the company's 140th consecutive quarterly dividend payment to common stockholders, demonstrating a consistent track record of shareholder returns.
Great Southern Bancorp (NASDAQ:GSBC) reported preliminary Q3 2024 earnings of $1.41 per diluted share ($16.5 million net income), up from $1.33 per share in Q3 2023. For the nine months ended September 30, 2024, earnings were $3.99 per share, down from $4.52 in the same period of 2023. Key Q3 2024 results include:
- Net interest income increased 2.6% to $48.0 million
- Net interest margin was 3.42%, down slightly from 3.43% in Q3 2023
- Total loans increased 2.7% to $4.71 billion since December 31, 2023
- Non-performing assets decreased to $7.7 million (0.13% of total assets)
- Capital position remained strong with Tier 1 Leverage Ratio at 11.0%
The company reduced non-performing assets by $12.7 million in Q3 2024, primarily through the sale of three non-performing assets. Total stockholders' equity increased $40.3 million in the first nine months of 2024.
Great Southern Bancorp, Inc. (NASDAQ:GSBC) has announced a quarterly dividend of $0.40 per common share for the third quarter of 2024. The dividend will be payable on October 15, 2024, to stockholders of record on September 30, 2024. This marks the 139th consecutive quarterly dividend paid by the company to common stockholders.
Great Southern Bancorp, with total assets of $6.0 billion, operates as the holding company for Great Southern Bank. The bank provides a wide range of services to commercial and consumer customers through 89 retail banking centers across six states and commercial loan production offices in seven major cities.
Great Southern Bancorp, Inc. (NASDAQ:GSBC) has announced its schedule for releasing third quarter 2024 preliminary earnings. The company plans to report earnings after market close on Wednesday, October 16, 2024, followed by a conference call on Thursday, October 17, 2024, at 2:00 p.m. Central Time. Investors can access the call live or later in a recorded version at the company's Investor Relations website. Great Southern Bancorp, with total assets of $6.0 billion, operates 89 retail banking centers across six states and has commercial loan production offices in seven major cities. The company's stock is listed on the NASDAQ Global Select Market under the ticker GSBC.