Great Southern Bancorp, Inc. · NASDAQ:GSBC
Great Southern Bancorp — Q2 2025 Earnings Presentation
17 slides from Great Southern Bancorp's earnings presentation, Jul 17, 2025
Slide 1: Earnings Presentation
Earnings Presentation July 2025 Great Southern Bancorp. Inc (NASDAQ: GSBC) Second Quarter Ended June 30, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements When used in this presentation and in other documents filed or furnished by the Company with or to the Securities and Exchange Commission (the “SEC”), in the Company's other press releases or other public or stockholder communications, and in oral statements made with the
Slide 3: Executive Management Team
Executive Management Team Joseph W. Turner Rex A. Copeland President & Chief Executive Officer Senior Vice President & Chief Financial Officer Joseph W. Turner joined Great Southern in 1991 and became an officer of Bancorp Rex A. Copeland has served as Senior Vice President, Chief Financial Officer,
Slide 4: Financial Performance
Financial Performance Great Southern Bancorp. Inc (NASDAQ: GSBC) Quarter ended June 30, 2025
Slide 5: Highlights & Developments
Highlights & Developments Earnings Growth: ($000S EXCEPT PER SHARE DATA) 2Q25 1Q25 2Q24 2Q25 net income increased to $19.8 million ($1.72 per diluted share) from $17.0 INCOME STATEMENT million ($1.45 per diluted share) in 2Q24, driven by strong growth in net interest income. Net Interest Income $50,
Slide 6: Income Statement
Income Statement Net Interest Margin & Net Interest Income Net Income Growth: In Thousands GSBC reported net income of $19.8 million in 2Q25, a 16.5% increase from $17.0 million in 2Q24. $50,963 Earnings Per Share: Earnings per diluted common share rose to $1.72 in 2Q25 from $1.45 in 2Q24, marking a
Slide 7: Non-Interest Income
Non-Interest Income Non-Interest Income In Thousands Total Non-Interest Income: $8.2 million, a 16.5% decrease from $9.8 million in 2Q24. $3,490 POS and ATM fee income and service charges: $3.4 million, down 4.0% from $3.6 million in 2Q24. Other income $1,886 Overdraft and insufficient funds fees: L
Slide 8: Non-Interest Expense
Non-Interest Expense Non-Interest Expense In Thousands Total Non-Interest Expense: $35.0 million, a $1.4 million decrease from $36.4 million in 2Q24. Net Occupancy and Equipment Expense: Net occupancy expenses increased to $8.4 million, a $594,000 increase year- over-year, driven by various componen
Slide 9: Deposits
Deposits Interest-Bearing Deposits: Total Deposits Increased by $18.5 million, or 0.8%, compared to 4Q24, primarily driven by an increase in certain money In Millions market accounts. Non-Interest-Bearing Deposits: $4,758 Increased by $17.0 million, or 2.0%, compared to the 4Q24. $4,684 Time Deposit
Slide 10: Capital
Capital Stockholders’ Equity at June 30, 2025: $622.4 million, or 10.6% of total assets, up from $599.6 million (10.0% of total assets) at December 31, 2024. Key Drivers of Stockholders' Equity Growth: Stockholders’ Equity ● $36.9 million in net income. In Millions ● $2.0 million in stock option exe
Slide 11: Capital Position
Capital Position Tangible Common Equity Ratio Leverage Ratio 10.5% 11.5% 10.1% 11.4% 9.9% 11.3% 4Q24 1Q25 2Q25 4Q24 1Q25 2Q25 CET1 Ratio Total Capital Ratio 13.0% 15.6% 15.4% 12.3% 12.4% 14.7% 4Q24 1Q25 2Q25 4Q24 1Q25 2Q25 Great Southern Bancorp. Inc | 11
Slide 12: Loan Portfolio by Category
Loan Portfolio by Category Gross Loans [in thousands] 6-30-25 $4,610,559 3-31-25 $4,768,235 Commercial Business $195,082 Consumer* Commercial Business Consumer* 4% $167,318 $217,100 $164,576 4% 5% 4% Const & Land Dev Const & $474,831 Land Dev 10% $366,567 Single Family Single Family 8% Real Estate R
Slide 13: Loan Growth by Region
Loan Growth by Region Gross Loans [in thousands] 6-30-25 $4,610,559 3-31-25 $4,768,235 Other Region Other Region $112,854 $116,663 2% Midwest Region Midwest Region 2% $255,285 Kansas City $248,570 Kansas City 6% $203,534 5% Southern Region $228,661 4% Southern Region $372,672 Florida 5% Florida $389
Slide 14: Asset Quality Metrics
Asset Quality Metrics Non-Performing Assets Dollars in Millions 0.16% 0.16% Non-Performing Assets (NPAs): Decreased to $8.1 million, representing 0.14% of total assets, down from $9.5 million (0.16% of total assets) in 1Q25. 0.14% $9.6 $9.5 Allowance for Credit Losses (ACL): $8.1 Remained stable at
Slide 15: Non-GAAP Reconciliation
Non-GAAP Reconciliation This document contains certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States (“GAAP”), specifically, the ratio of tangible common equity to tangible assets. In calculating the ratio of t
Slide 16: Non-GAAP Reconciliation
Non-GAAP Reconciliation Non-GAAP Reconciliation: Ratio of Tangible Common Equity to Tangible Assets June 30, December 31, 2025 2024 (Dollars in thousands) Common equity at period end $ 622,368 $ 599,568 Less: Intangible assets at period end 9,877 10,094 Tangible common equity at period end (a) $ 612
Slide 17: Contact Us
Contact Us Great Southern Bancorp. Inc (NASDAQ: GSBC) Jeff Tryka (616) 233-0500 - GSBC@lambert.com Investor Relations
Great Southern Bancorp — Q2 2025 Earnings Presentation on 6ix