earnings
confidence high
sentiment neutral
materiality 0.60
SMBC reports Q2 FY2024 net income $12.2M (+4.5%); diluted EPS $1.07 (-15.1% YoY)
SOUTHERN MISSOURI BANCORP, INC.
2024-Q2 EPS reported
$2.23
- Net income $12.2M vs $11.7M in Q2 FY2023; diluted EPS $1.07 vs $1.26.
- Net interest margin 3.25% vs 3.45% a year ago; net interest income up 22.1%.
- Quarterly dividend maintained at $0.21/share; payable Feb 29, 2024, record Feb 15.
- Noninterest expense up 35.3% from Citizens merger; efficiency ratio 58.5% vs 52.3%.
- Nonperforming loans fell to $5.9M (0.16% of loans) from $7.7M (0.21%) at June 30.