other material
confidence high
sentiment neutral
materiality 0.50
SMBC updates on $4.4B assets, $32.34 TBV; merger expenses cut FY2023 EPS by $0.42
SOUTHERN MISSOURI BANCORP, INC.
- Total assets $4.4B, loans $3.6B, deposits $3.7B, equity $446M as of June 30, 2023.
- Tangible book value per share $32.34, CAGR 9.9% since June 2018.
- Completed merger with Citizens Bancshares (Jan 2023); Citizens had $973M assets.
- Nonrecurring merger charges $4.9M in FY2023 reduced diluted EPS by $0.42.
- Provision for credit losses $7.0M from merger reduced diluted EPS by $0.53.