Great Southn Bancorp Inc Stock Price, News & Analysis

Great Southern Bancorp (NASDAQ:GSBC) reported preliminary financial results for the quarter and year ended December 31, 2020. Earnings per diluted share for Q4 were $1.28, up from $1.24 year-over-year. Annual earnings decreased to $4.21 per share from $5.14. Total loans rose by $202 million or 4.1%, but net interest income fell by 0.8% to $44.6 million. The bank plans to adopt the CECL accounting standard in 2021, anticipating an increase in reserves of $10-13 million. Capital ratios remain strong, exceeding regulatory thresholds.

The Board of Directors of Great Southern Bancorp (NASDAQ:GSBC) declared a $0.34 per common share dividend for Q4 2020, marking the 124th consecutive quarterly dividend. This dividend is payable on January 12, 2021, to shareholders on record as of December 28, 2020. Great Southern Bancorp, with total assets of $5.4 billion, provides a variety of banking services through 94 retail banking centers across six states, further establishing its strong presence in the financial sector.

Great Southern Bancorp (NASDAQ:GSBC) announces it will report preliminary earnings for Q4 2020 on January 25, 2021, after market close. The earnings call is scheduled for January 26, 2021, at 2:00 p.m. CT. The bank, with total assets of $5.4 billion, operates 94 retail locations across multiple states. Earnings and financial results will be available on its Investor Relations site and SEC's website. Forward-looking statements indicate potential uncertainties due to the COVID-19 pandemic and other factors affecting financial performance.

Great Southern Bancorp (NASDAQ:GSBC) reported preliminary Q3 2020 earnings of $0.96 per diluted share, down from $1.38 a year prior, with net income available to common shareholders at $13.5 million. Total gross loans increased by $229.6 million year-to-date but fell by $11.4 million in Q3. The net interest income decreased to $44.2 million, marking a 3.8% decline, with a net interest margin of 3.36%. Non-performing assets declined to $5.5 million, indicating improved asset quality. The company remains focused on employee well-being, issuing a second special bonus due to COVID-19.

The Board of Directors of Great Southern Bancorp (NASDAQ: GSBC) announced a quarterly dividend of $0.34 per common share, payable on October 13, 2020. This dividend marks the 123rd consecutive dividend paid to common shareholders. As of now, the company manages total assets of $5.6 billion and operates 94 retail banking centers across six states. Investors should note the economic uncertainties posed by the COVID-19 pandemic, which may impact the company's financial performance.

Great Southern Bancorp, Inc. (NASDAQ: GSBC) plans to announce its preliminary earnings for Q3 2020 on October 21, 2020, after market close. A conference call is scheduled for October 22, 2020, at 2:00 p.m. Central Time. The bank, with total assets of $5.6 billion, operates 94 branches across six states. The call will be accessible through a dedicated phone line and the Investor Relations website. Earnings results will be disseminated via a news release and are expected to be filed with the SEC. The company continues to face uncertainties due to the COVID-19 pandemic.

Great Southern Bancorp (NASDAQ: GSBC) reported preliminary financial results for Q2 2020, with earnings of $0.93 per diluted share, down from $1.28 a year earlier. Total gross loans rose by $241 million (4.9%) to $4.4 billion, driven mainly by residential and commercial loans. However, net interest income decreased by 3.3% to $43.5 million, attributed to lower yields and increased cash equivalents. Asset quality remained strong with non-performing assets at $7.6 million (0.14% of total assets). The company's capital position is robust, bolstered by $75 million in subordinated notes, maintaining regulatory compliance.

Great Southern Bank, a subsidiary of Great Southern Bancorp (NASDAQ: GSBC), has been honored in Forbes' annual list of the World’s Best Banks 2020, ranking sixth in the U.S. This recognition highlights the bank's commitment to customer service as evaluated by feedback from 40,000 bank customers across 23 countries. Great Southern Bank operates 97 retail banking centers across several states and holds total assets of $5.1 billion. The award underscores the bank's efforts to build trustworthy relationships with its customers.

Great Southern Bancorp (NASDAQ:GSBC) announced a dividend of $0.34 per common share for Q2, payable on July 14, 2020, to shareholders recorded by June 29, 2020. This marks the 122nd consecutive quarterly dividend from the bank holding company. With a robust asset base of $5.1 billion, Great Southern provides diverse banking services across various states, operating 97 retail banking centers and commercial loan offices in several cities.