SMBC Q1 net income $13.2M (+36.9%); diluted EPS $1.16, up 11.5% YoY

SOUTHERN MISSOURI BANCORP, INC.

2024-Q1 EPS reported $1.16

Net income $13.2M ($1.16 diluted EPS), up from $9.7M ($1.04) in prior-year quarter.
Net interest income $35.4M (+24.2% YoY); net interest margin 3.44% vs 3.65%.
Noninterest expense $23.7M (+40.1% YoY) due to Citizens merger; efficiency ratio 57.5%.
Quarterly dividend reiterated at $0.21/share, payable Nov 30, 2023 to holders of record Nov 15, 2023.
Gross loans grew $80.8M in Q1 to $3.7B; nonperforming loans dropped to 0.16% of gross loans.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SOUTHERN MISSOURI BANCORP, INC. reported first quarter of fiscal 2024 results: net income preliminary net income for the first quarter of fiscal 2024 of $13.2 million, EPS $1.16 per fully diluted common share for the first quarter of fiscal 2024.

Period: first quarter of fiscal 2024
Net income: preliminary net income for the first quarter of fiscal 2024 of $13.2 million
EPS: $1.16 per fully diluted common share for the first quarter of fiscal 2024
Result: preliminary results

Exact text from the filing

Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the first quarter of fiscal 2024 of $13.2 million

View on SEC.gov

Browse all earnings releases →

SOUTHERN MISSOURI BANCORP, INC. filing history →

Source: SEC EDGAR

accession 0001558370-23-016631

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.