other material
confidence medium
sentiment positive
materiality 0.50
SMBC highlights FY2024 loan growth 6.3%, tangible book value +13.4% at conference
SOUTHERN MISSOURI BANCORP, INC.
- Tangible book value per share $36.68 at June 30, 2024, up 13.4% from prior year.
- Quarterly dividend increased 9.5% to $0.23 per share, announced with Q4 earnings.
- Loans net of ACL reached $3.8B, up 6.3% during fiscal 2024.
- Completed integration of Citizens Bancshares acquisition (assets $985.7M, loans $456M, deposits $851M).
- Bond portfolio restructuring executed to improve forward earnings.