Business
SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY RESULTS FOR SECOND QUARTER OF FISCAL 2026; DECLARES QUARTERLY DIVIDEND OF $0.25 PER COMMON SHARE; CONFERENCE CALL SCHEDULED FOR THURSDAY, JANUARY 22, AT 9:30 AM CENTRAL TIME
Poplar Bluff, Missouri, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the second quarter of fiscal 2026 of $18.2 million, an increase of $3.5 million, or 23.9%, as compared to the same period of the prior fiscal year. The increase was attributable to an increase in net interest income, partially offset by increases in provision for credit loss (PCL) expense
About this update from Southern Missouri Bancorp, Inc.
[{"type":"image","alt":"Southern Missouri Bancorp, Inc.","displaySize":"","headline":null,"caption":"Southern Missouri Bancorp, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":173,"url":"https://media.zenfs.com/en/globenewswire.com/e47c8092a4048e1cd7049c7214799600"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Z3NOALP5LluxUn83sFnwZg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI0MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e47c8092a4048e1cd7049c7214799600","width":300,"height":173}},"lazy":false},{"type":"text","content":"Poplar Bluff, Missouri, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the second quarter of fiscal 2026 of $18.2 million, an increase of $3.5 million, or 23.9%, as compared to the same period of the prior fiscal year. The increase was attributable to an increase in net interest income, partially offset by increases in provision for credit loss (PCL) expense, and noninterest expense, and lower noninterest income. Preliminary net income was $1.62 per fully diluted common share for the second quarter of fiscal 2026, an increase of $0.32 as compared to the $1.30 per fully diluted common share reported for the same period of the prior fiscal year. ","length":792,"tagName":"p"},{"type":"text","content":"Highlights for the second quarter of fiscal 2026:","length":49,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Earnings per common share (diluted) was $1.62, up $0.32, or 24.6%, as compared to the same quarter a year ago, and up $0.24, or 17.4% from the first quarter of fiscal 2026, the linked quarter.","length":192,"tagName":"p"}]},{"val":[{"type":"text","content":"Annualized return on average assets (“ROAA”) was 1.42%, while annualized return on average common equity was 12.8%, as compared to 1.20% and 11.4%, respectively, in the same quarter a year ago, and 1.24% and 11.3%, respectively, in the first quarter of fiscal 2026, the linked quarter. ","length":285,"tagName":"p"}]},{"val":[{"type":"text","content":"Net interest margin for the quarter was 3.57%, as compared to 3.34% reported for the year ago period, and as compared to 3.57% reported for the first quarter of fiscal 2026, the linked quarter. Net interest income increase...