Great Southn Bancorp Inc Stock Price, News & Analysis

Great Southern Bancorp reported preliminary financial results for Q1 2023, showing earnings of $20.5 million or $1.67 per diluted share, up from $17.0 million or $1.30 per share in Q1 2022. Net interest income rose 22.9% to $53.2 million, with a net interest margin of 3.99%. Despite recording $1.3 million in legal expenses for system upgrades, the company's capital ratios remain strong, with a Common Equity Tier 1 Capital Ratio of 10.9%. Total loans increased by 1.4% to $4.57 billion, while non-performing assets decreased to $3.0 million. Liquidity is robust, with over $1.8 billion available in secured funding lines. The company anticipates rising funding costs in future periods as fixed-rate time deposits mature.

Great Southern Bank announced the hiring of Rob Fulp as the regional managing director of commercial lending for the Springfield, southwest Missouri, and Arkansas markets. After a two-year retirement, Fulp brings over 40 years of banking experience, including a decade as president and CEO at Springfield First Community Bank. He emphasized his dedication to banking and community service, looking forward to contributing to a locally-focused institution. Great Southern Bank, with total assets of $5.7 billion, operates 91 retail banking centers and offers diverse services. Its common stock is listed on NASDAQ under the symbol GSBC.

Great Southern Bancorp (NASDAQ:GSBC) has declared a quarterly dividend of $0.40 per common share, payable on April 11, 2023, to shareholders on record as of March 27, 2023. This marks the 133rd consecutive quarterly dividend for the company. With total assets amounting to $5.7 billion, Great Southern provides a variety of banking services across six states and operates 92 retail banking centers. The press release emphasizes the company's ongoing commitment to returning value to its shareholders.

Great Southern Bancorp, Inc. (NASDAQ:GSBC) announced it will report its first quarter 2023 preliminary earnings on April 19, 2023, after market close, followed by a conference call on April 20, 2023, at 2:00 p.m. Central Time. The call can be accessed live or in a recorded format via the Company's Investor Relations website. With total assets of $5.7 billion, Great Southern provides a variety of banking services across six states and maintains 92 retail banking centers. The earnings release will be available on the SEC's website as part of a Current Report on Form 8-K.

Great Southern Bancorp, Inc. (NASDAQ:GSBC) will hold its 34th Annual Meeting of Stockholders virtually at 10 a.m. CDT on May 10, 2023. Stockholders can attend via a live webcast and vote either during the meeting or by proxy. The record date for voting is March 1, 2023. With total assets of $5.7 billion, Great Southern operates 92 retail banking centers across multiple states and offers a wide range of banking services. More information will be available on the Company's website prior to the meeting.

Great Southern Bancorp reported preliminary financial results for Q4 2022, with earnings of $22.6 million ($1.84 per diluted share), a significant increase from $15.3 million ($1.14 per diluted share) in Q4 2021. Net interest income rose by 23.5% to $54.6 million, benefiting from rising interest rates, while total loans increased by 12.5% to $4.51 billion. Asset quality improved, with non-performing assets dropping to $3.7 million, representing 0.07% of total assets. Despite strong financial performance, concerns exist for 2023 due to potential interest rate impacts and increased operating expenses.

The Board of Directors of Great Southern Bancorp (NASDAQ:GSBC) announced a quarterly dividend of $0.40 per share, payable on January 18, 2023, to shareholders of record on January 3, 2023. This marks the 132nd consecutive quarterly dividend. Additionally, a new stock repurchase program was approved, allowing the purchase of up to one million shares, succeeding the previous program which had approximately 177,000 shares remaining. Great Southern Bancorp has total assets of $5.7 billion and operates 92 retail banking centers across several states.

Great Southern Bancorp, Inc. (NASDAQ:GSBC) has announced that it will report its preliminary fourth quarter 2022 earnings on January 23, 2023, after market close. Following this, the company will host a conference call on January 24, 2023, at 2:00 p.m. CT (3:00 p.m. ET) to discuss the results. Participants can register for the call and access it live or via a recording on the company’s Investor Relations website. Great Southern Bancorp operates 92 banking centers across several states, reporting total assets of $5.7 billion.