Southern Missouri Bancorp, Inc. · NASDAQ:SMBC
Southern Missouri Bancorp — Investor Presentation (July 2025)
23 slides from Southern Missouri Bancorp's investor presentation, Jul 29, 2025
Slide 1: Southern Missouri Bancorp Investor Presentation July 29, 2025
. wa Southern Missouri BANCORP NASDAQ: SMBC July 29, 2025
Slide 2: 67 locations serving 52 communities in 4 states
Kansas City St. Louis 67 locations Springfield Poplar Bluff Cape Girardeau serving 52 COMMUNITIES in 4 States Jonesboro
Slide 3: Why Southern Bank?
Southern Missouri Bancorp, Inc, (“Company”) is a bank holding company and the parent company of Southern Bank (“Bank”). Why Southern Bank? We see people working to seize opportunities, build communities, and achieve their dreams right in their hometowns. And we want to keep it that way. That's why w
Slide 4: What sets us apart?
What sets us apart? OUR COMMUNITIES OUR PEOPLE We’re invested in what our communities are doing and Our team members are what make our organization dedicated to provide exactly what they need in their great. We are respectful, honest, and professional and local bank. Our team members are deeply invo
Slide 5: Southern Bank Services
Southern Bank Services RETAIL OFFERINGS BUSINESS OFFERINGS Southern Bank provides commercial loans, deposit In addition to traditional deposit accounts and accounts, and treasury management services for consumer lending, Southern Bank supports retail streamlined business operations, including: clien
Slide 6: Financial Services
Financial Services SOUT HERN WEALT H INSURANCE BROKERAGE T RUST MANAGEMEN T MANAGEMEN T • Personal: Homeowners, • Financial Planning Auto, Life, Medical, and •Trust Administration more • Retirement Planning • Commercial: Property, •Enforcement/Enactment • Investments Liability, Workers’ Comp, and Co
Slide 7: The Company is a Proven Acquiror
The Company is a Proven Acquiror HISTORY OF SUCCESSFUL ACQUISITIONS (LAST 10 FISCAL YEARS REFLECTED BELOW) • January 20, 2023, acquired Citizens Bancshares, Co., and its subsidiary, Citizens Bank & Trust Company (“Citizens”) • February 25, 2022, acquired Fortune Financial, Inc., and its subsidiary F
Slide 8: Fiscal 2025 Highlights
Fiscal 2025 Highlights FISCAL YEAR 2025 • Earnings per common share (diluted) were $5.18 for fiscal 2025, up $0.76 or 17.2% compared to $4.42 for fiscal 2024 driven by strong net interest income from almost 7% earning asset growth and net interest margin expansion. • Tangible book value per share* w
Slide 9: Profitability and Earnings History
Profitability and Earnings History Return on Average Assets Return on Average Common Equity 2.00% 20.0% 1.79% 17.7% 1.59% 15.4% 1.50% 15.0% 1.21% 11.4% 1.03% 1.10% 10.4% 10.7% 1.00% 10.0% 0.50% 5.0% 0.00% 0.0% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Historical
Slide 10: Financial Data
Financial Data Net Interest Income, Net Interest Margin, and Core Net Interest Margin* $200,000 3.77% 3.80% 3.72% 3.69% 3.54% $150,000 3.66% 3.60% 3.40% $100,000 3.40% 3.43% 3.27% $50,000 3.14% 3.31% 3.20% $92,686 $103,567 $126,745 $139,483 $154,616 $0 3.00% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 N
Slide 11: Credit Quality Performance
Credit Quality Performance NPLs/Loans ACL/Gross Loans 0.60% 0.56% 2.00% 0.50% 1.49% 1.50% 1.32% 1.36% 1.22% 1.26% 0.40% 0.30% 0.26% 1.00% 0.21% 0.20% 0.15% 0.17% 0.50% 0.10% 0.00% 0.00% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 ACL/NPAs NCOs/Average Loans 600% 0
Slide 12: Loan Growth
Loan Growth Loan Portfolio, at period end (gross loans, excluding loans in process and deferred loan fees; dollars in millions) $4,100 $3,850 $3,619 All Other Loans Consumer Agriculture Production $2,720 Commercial and Industrial $2,237 Agriculture Real Estate Construction and Land Development Multi
Slide 13: Loan Portfolio Composition
Loan Portfolio Composition Loans Loans as of June 30, 2021 as of June 30, 2025 O/O CRE, 10.8% O/O CRE, 10.8% Multi-Family R/E, 11.3% Multi-Family R/E, Non O/O CRE, Const. and Land 10.3% Non O/O CRE, 18.5% Dev., 8.3% Const. and Land 21.7% Dev., 8.1% Ag. R/E, 8.1% Ag. R/E, 6.0% 1-4 Residential C&I, 12
Slide 14: Deposit Growth
Deposit Growth Deposits, at period end (dollars in millions) $4,281 $3,943 $3,726 Noninterest-bearing Transaction Accounts Interest-bearing Transaction $2,815 Accounts Money Market Deposit Accounts $2,331 Savings Accounts Certificates < $250,000 Brokered Certificates (not reciprocal) Certificates >
Slide 15: Deposit Portfolio Composition
Deposit Portfolio Composition Deposits Deposits as of June 30, 2021 as of June 30, 2025 CDs >= $250,000, Brokered CDs, 0.2% 5.2% Noninterest, Noninterest, 11.9% CDs >= $250,000, Brokered CDs, 5.5% 15.4% 15.2% CDs < $250,000, 18.7% NOW, 26.4% CDs < $250,000, NOW, 39.7% Savings, 9.9% 17.9% MMDAs, 7.7%
Slide 16: Dividend Yield
Dividend Yield Dividends per Common Share and Dividend Yield $1.00 2.50% $0.90 $0.80 2.18% 2.00% $0.70 1.87% 1.77% $0.60 1.68% 1.50% $0.50 1.38% $0.40 1.00% $0.30 $0.20 0.50% $0.10 $0.62 $0.80 $0.84 $0.84 $0.92 $0.00 0.00% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Dividends per Common Share Annualized
Slide 17: Tangible Book Value Growth
Tangible Book Value Growth TBV/CS COMPOUND ANNUALIZED GROWTH RATE OF 10.0%** Tangible Book Value per Common Share* and Closing Stock Price $60.00 $54.78 $50.00 $44.96 $45.26 $45.01 $40.00 $38.45 $30.00 $24.30 $20.00 $10.00 $26.00 $29.55 $31.05 $32.34 $36.68 $41.87 $0.00 FY 2020 FY 2021 FY 2022 FY 20
Slide 18: Stock Performance – Five Year Total Return
Stock Performance – Five Year Total Return Data is as of June 30, 2025 Source: S&P Global Market Intelligence
Slide 19: Important Statements
Forward Looking Statements Important Statements This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 regarding Southern Missouri Bancorp, Inc. (the “Company”). These forward-looking statements may include, without limit
Slide 20: Important Statements
Important Statements Financial Data Financial information presented as of and for the fourth quarter and fiscal year ended June 30, 2025, is provided on a preliminary basis and is unaudited. Non-GAAP Financial Measures Tangible common equity, tangible book value per common share, core diluted earnin
Slide 21: Important Statements
Important Statements As of, Dollars in thousands, except per share data June 30, 2021 June 30, 2022 June 30, 2023 June 30, 2024 June 30, 202: Common stockholders' equity $ 283,423 $ 320,772 $ 446,058 $ 488,748 $ 544,692 Less: Goodwill 14,089 27,288 50,773 50,727 50,727 Less: Other intangible assets,
Slide 22: Important Statements
Important Statements Dollars in thousands, except per share data Net income $ 47180 $ 47,169 $ 39,237 $ 50,182 $ 58,578 Non-core (income) and expense items: Net interest income resulting from accretion of fair value discount ‘on acquired loans and amortization of fair value premium ‘on acquired time
Slide 23: Greg Steffens Matt Funke Stefan Chkautovich
Greg Steffens Matt Funke Stefan Chkautovich Chairman and Chief Executive Officer President and Chief Administrative Officer Executive Vice President and Chief Financial Officer
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