Welcome to our dedicated page for Southern Missouri Bancorp news (Ticker: SMBC), a resource for investors and traders seeking the latest updates and insights on Southern Missouri Bancorp stock.
Southern Missouri Bancorp, Inc. reports banking results and capital actions as the NASDAQ-listed parent of Southern Bank. The bank attracts retail deposits and other funding and uses those funds for one- to four-family residential mortgages, commercial real estate loans, commercial business loans, and consumer loans. Recurring updates describe net interest income, noninterest income, provision for credit losses, deposit trends, loan pipelines, and noninterest expense across its community banking markets in Missouri, Arkansas, Illinois, and Kansas.
News also covers quarterly cash dividends, share repurchase authorization activity, investor conference calls, and leadership or governance updates at Southern Bank and the holding company.
Southern Missouri Bancorp (NASDAQ: SMBC) reported preliminary third-quarter fiscal 2026 net income of $17.8 million (up 13.3%) and diluted EPS of $1.60 (up 15.1%). Annualized ROA was 1.41% and ROE 12.6%. Net interest margin rose to 3.67%. Gross loans grew 7.4% YoY to $4.322 billion. The Board declared a quarterly cash dividend of $0.25 payable May 29, 2026. The company repurchased shares totaling $9.7 million in the quarter and will host a conference call April 23, 2026 at 9:30 AM CT.
Southern Missouri Bancorp (NASDAQ: SMBC) reported preliminary second-quarter fiscal 2026 results with net income of $18.2 million, up 23.9% year-over-year, and diluted EPS of $1.62, up $0.32 YoY. Annualized ROAA was 1.42% and return on average common equity was 12.8%. Net interest income rose to $42.9 million (+12.4% YoY) and net interest margin was 3.57%. Gross loans totaled $4.226 billion and total assets were $5.1 billion. Tangible book value per share was $44.65 (+14.8% YoY).
The board declared a quarterly cash dividend of $0.25 per share payable February 27, 2026 (record date February 13, 2026), and authorized repurchases of up to 550,000 shares (~5% outstanding).
Southern Missouri Bancorp (NASDAQ: SMBC) reported strong Q4 fiscal 2025 results with net income of $15.8 million, up 16.7% year-over-year. The company achieved earnings per share of $1.39, a $0.20 increase from the previous year.
Key performance metrics include ROA of 1.27% and ROE of 11.8%. Net interest margin improved to 3.46%, while net interest income grew 14.9% year-over-year. The bank's loan portfolio expanded by $249.9 million (6.5%) during fiscal 2025, with deposits increasing by $338.3 million (8.6%).
The Board declared a quarterly dividend of $0.25 per share, marking an 8.7% increase and the company's 125th consecutive quarterly dividend. However, nonperforming loans increased to 0.56% of gross loans, primarily due to several commercial relationships added during Q3 and Q4.
Southern Missouri Bancorp (NASDAQ: SMBC) reported strong Q3 fiscal 2025 results with net income of $15.7 million, up 38.7% year-over-year. Earnings per share reached $1.39, a 40.4% increase from the previous year.
Key performance metrics showed improvement with ROA at 1.27% and ROE at 12.1%. Net interest margin increased to 3.39%, while net interest income grew by 14.4% compared to the same quarter last year. Noninterest income rose 19.4% year-over-year.
The bank's balance sheet expanded with total assets reaching $5.0 billion. Deposits increased by $50.8 million (1.2%) quarter-over-quarter and $275.3 million (6.9%) year-over-year. The Board declared a quarterly dividend of $0.23 per share.
Notable concerns include a rise in nonperforming loans to $22.0 million (0.55% of gross loans) and net charge-offs of 0.11% annualized, primarily due to a single agricultural relationship with suspected fraudulent activity.
Southern Missouri Bancorp (NASDAQ: SMBC) has announced a significant leadership update, appointing Justin G. Cox to the newly-created position of Chief Banking Officer, effective May 1, 2025. Cox, currently serving as the west region's Regional President, will maintain his Executive Vice President role at both the Company and Southern Bank.
This strategic appointment follows recommendations from a recent process improvement project aimed at enhancing customer engagement, team member satisfaction, and organizational profitability. Cox brings 22 years of banking industry experience, including 15 years with Southern Bank, where he progressed from lending officer to leadership roles.
Southern Bank operates 67 locations across Missouri, Arkansas, Illinois, and Kansas, with total assets of approximately $4.9 billion, including $4.0 billion in net loans and $4.2 billion in deposits.
Southern Missouri Bancorp (NASDAQ: SMBC) reported Q2 fiscal 2025 net income of $14.7 million, up 20.2% year-over-year. Earnings per share reached $1.30, a 21.5% increase from the same quarter last year. The company's performance showed improvement with return on average assets at 1.21% and return on average equity at 11.5%.
Key financial metrics include a net interest margin of 3.36%, net interest income up 10.6% year-over-year, and noninterest income up 21.7%. Gross loan balances increased by $295.1 million (7.9%) year-over-year, while deposits grew by $225.1 million (5.6%). The company declared a quarterly dividend of $0.23 per share.
Asset quality remained strong with nonperforming loans at 0.21% of gross loans and an allowance for credit losses representing 659% of nonperforming loans. Total assets reached $4.9 billion, reflecting a 6.6% increase from June 30, 2024.
Southern Missouri Bancorp (NASDAQ: SMBC) reported Q1 fiscal 2025 net income of $12.5 million, down 5.3% year-over-year. Earnings per share decreased to $1.10 from $1.16, primarily due to higher provision for credit loss expense and increased non-interest expense. The company incurred a one-time cost of $840,000 for a performance improvement project. Key metrics include: net interest margin at 3.37%, loan growth of $116.7 million (3.0%) during Q1, and deposit growth of $97.1 million (2.5%). The Board declared a quarterly dividend of $0.23 per share.
Southern Missouri Bancorp (NASDAQ: SMBC) reported preliminary Q4 fiscal 2024 net income of $13.5 million, down 13% year-over-year. Earnings per share were $1.19, a decrease of $0.18. For the full fiscal year 2024, net income was $50.2 million, up $10.9 million from 2023, with EPS at $4.42.
Key highlights:
- Net interest margin: 3.25%, down from 3.60% year-ago
- Gross loans increased by $230.9 million (6.4%) in fiscal 2024
- Deposits increased by $226.9 million (6.1%) in fiscal 2024
- Quarterly cash dividend declared at $0.23 per share, up 9.5%
The company's balance sheet grew, with total assets reaching $4.6 billion, up 5.6% from June 30, 2023. The allowance for credit losses stood at 1.36% of gross loans.
Southern Missouri Bancorp, Inc. reported a significant increase in net income of $11.3 million for the third quarter of fiscal 2024, a 369% rise compared to the prior year. The increase was driven by reduced merger-related charges and growth in net interest income. Earnings per common share rose to $0.99, up 350% from the previous year. The company declared a dividend of $0.21 per common share and experienced balance sheet growth, with total assets reaching $4.6 billion. Nonperforming loans remained low, and the Company's efficiency ratio improved to 61.2%.
Summary not available.