Great Southern Bancorp Inc
NASDAQ:GSBC
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
50.54
66.97
|
| Price Target |
|
We'll email you a reminder when the closing price reaches USD.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Great Southern Bancorp Inc
Great Southern Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. The company is headquartered in Springfield, Missouri and currently employs 1,105 full-time employees. The firm primarily consists of the operations of Great Southern Bank (the Bank), which provides a range of banking services to customers. The firm also opened commercial loan production offices in Atlanta, Chicago, Dallas, Denver, Omaha, Nebraska, Phoenix and Tulsa, Oklahoma, and a mortgage lending office in Springfield, Missouri. The Bank offers regular savings accounts, checking accounts, various money market accounts, fixed-interest rate certificates with varying maturities, certificates of deposit, brokered certificates and individual retirement accounts. Its primary products offered are commercial real estate, commercial business and commercial construction loans. The firm operates approximately 93 full-service retail banking offices, serving over 137,000 households in approximately six states Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska.
Great Southern Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. The company is headquartered in Springfield, Missouri and currently employs 1,105 full-time employees. The firm primarily consists of the operations of Great Southern Bank (the Bank), which provides a range of banking services to customers. The firm also opened commercial loan production offices in Atlanta, Chicago, Dallas, Denver, Omaha, Nebraska, Phoenix and Tulsa, Oklahoma, and a mortgage lending office in Springfield, Missouri. The Bank offers regular savings accounts, checking accounts, various money market accounts, fixed-interest rate certificates with varying maturities, certificates of deposit, brokered certificates and individual retirement accounts. Its primary products offered are commercial real estate, commercial business and commercial construction loans. The firm operates approximately 93 full-service retail banking offices, serving over 137,000 households in approximately six states Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska.
Net Income Growth: Quarterly net income rose to $16.3 million ($1.45 per share), up from $14.9 million ($1.27 per share) last year.
Full-Year Strength: Full-year net income reached $71 million ($6.19 per share), up from $61.8 million ($5.26 per share) in 2024.
Margin Expansion: Net interest margin grew to 3.70% from 3.49% last year, despite the loss of income from a terminated swap.
Loan and Deposit Declines: Net loans decreased 7.1% year-over-year due to elevated payoffs, and deposits were down 2.7%, mainly from brokered deposits.
Expense Control: Noninterest expense fell 2.6% year-over-year, helped by the absence of one-time legal costs.
Asset Quality: Asset quality remained strong, with nonperforming assets at 0.15% of total assets and net recoveries for the quarter.
Buybacks and Capital: The company was active in share repurchases and ended the year with strong capital and liquidity.
Outlook: Management expects loan growth to remain challenging and expenses to tick up due to salary resets, but sees continued strength in credit quality and capital.
