Great Southern Bancorp, Inc. reports recurring developments tied to its role as the Nasdaq-listed holding company for Great Southern Bank. Company news centers on preliminary earnings releases, net interest income and margin trends, loan production, funding costs, liquidity, and asset quality across its banking operations.
Updates also cover quarterly common-stock dividends, annual stockholder meeting matters, and the bank's service network across Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska, with commercial lending offices in several U.S. markets. Business updates commonly discuss commercial real estate, construction, residential and commercial business lending, along with deposit costs, borrowing capacity and non-performing assets.
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.
Great Southern Bancorp (GSBC) reported preliminary earnings of $1.46 per diluted share for Q3 2022, down from $1.49 in Q3 2021, with net income totaling $18.1 million. For the nine months, earnings were $4.20 per diluted share, compared to $4.32 in the prior year. Notable increases include net interest income, rising 17.8% to $52.9 million due to higher loan balances, and a return on equity of 13.01%. The company set aside $3.3 million for loan losses, a shift from a negative provision in 2021. Total loans rose 12.2% year-over-year, reflecting strong demand despite rising interest rates.
The Board of Directors of Great Southern Bancorp (NASDAQ:GSBC) has declared a $0.40 per common share dividend for Q3 2022, marking the 131st consecutive quarterly dividend. This dividend will be payable on October 18, 2022, to shareholders who are on record by October 3, 2022. With total assets of $5.6 billion, Great Southern is a leading provider of banking services with 92 retail centers across several states. The company remains committed to delivering value to shareholders through consistent dividend payments.
Great Southern Bancorp (NASDAQ:GSBC) will report its preliminary earnings for Q3 2022 on October 19, 2022, after market close. A conference call is scheduled for October 20, 2022, at 2:00 p.m. CT, allowing participants to review the earnings results directly. The company, with total assets of $5.6 billion, operates 92 banking centers across various states and offers a wide range of banking services. Earnings reports will be available on the company's Investor Relations website and via SEC filings.
Great Southern Bancorp, Inc. (NASDAQ:GSBC) has appointed Steven D. Edwards to its Board of Directors, effective September 1, 2022. Joseph W. Turner, President and CEO, welcomed Edwards, highlighting his extensive experience as the former president and CEO of CoxHealth, enhancing the Board's diversity of talent and expertise. With over 30 years at CoxHealth, Edwards led strategic operations across multiple healthcare facilities. Great Southern operates 92 retail banking centers and has $5.6 billion in assets.
Great Southern Bancorp (GSBC) reported preliminary earnings for Q2 2022, posting diluted earnings of $1.44 per share, down from $1.46 in Q2 2021. Total loans increased by $354.1 million (8.8%) to $4.36 billion, driven primarily by residential and commercial real estate loans. However, net interest income for the quarter rose to $48.8 million, a 9.3% increase year-over-year. The bank's asset quality improved, with non-performing assets decreasing to $4.3 million. Additionally, a quarterly dividend of $0.40 per share was declared, marking an 11% increase.