Southern Missouri BancorpSMBC
SMBC
About: Southern Missouri Bancorp Inc is a USA-based holding company for Southern Missouri Savings Bank. The principal business of the bank consists of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, and to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans. It is engaged in providing the range of banking and financial services to individuals and corporate customers in its market areas. The company derives revenue principally from interest earned on loans, debt securities, bank card interchange fees, loan late charges and another fee income.
Employees: 734
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
72% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 25
29% more capital invested
Capital invested by funds: $250M [Q2] → $322M (+$71.7M) [Q3]
8% more funds holding
Funds holding: 100 [Q2] → 108 (+8) [Q3]
1.18% more ownership
Funds ownership: 48.97% [Q2] → 50.15% (+1.18%) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$66
14%
upside
Avg. target
$69
19%
upside
High target
$72
24%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Stephens & Co. Matt Olney 88% 1-year accuracy 28 / 32 met price target | 24%upside $72 | Overweight Maintained | 30 Oct 2024 |
Piper Sandler Andrew Liesch 81% 1-year accuracy 21 / 26 met price target | 14%upside $66 | Overweight Maintained | 30 Oct 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Southern Missouri Bancorp (SMBC) Upgraded to Buy: Here's What You Should Know
Southern Missouri Bancorp (SMBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Neutral
Seeking Alpha
2 months ago
Southern Missouri Bancorp, Inc. (SMBC) Q1 2025 Earnings Call Transcript
Southern Missouri Bancorp, Inc. (NASDAQ:SMBC ) Q1 2025 Results Conference Call October 29, 2024 10:30 AM ET Company Participants Stefan Chkautovich - Chief Financial Officer Matt Funke - President and Chief Administrative Officer Conference Call Participants Matt Olney - Stephens Kelly Motta - KBW Andrew Liesch - Piper Sandler Operator Hello, and welcome to the Southern Missouri Bancorp, Inc. Earnings Conference Call. My name is Alex.
Negative
Zacks Investment Research
2 months ago
Southern Missouri Bancorp (SMBC) Misses Q1 Earnings Estimates
Southern Missouri Bancorp (SMBC) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.16 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY RESULTS FOR FIRST QUARTER OF FISCAL 2025; DECLARES QUARTERLY DIVIDEND OF $0.23 PER COMMON SHARE; CONFERENCE CALL SCHEDULED FOR TUESDAY, OCTOBER 29, AT 9:30AM CENTRAL TIME
Poplar Bluff, Missouri, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the first quarter of fiscal 2025 of $12.5 million, a decrease of $693,000 or 5.3%, as compared to the same period of the prior fiscal year. The decrease was due primarily to higher provision for credit loss (“PCL”) expense, as well as higher non-interest expense. This was partially offset by an increase in net interest income. Preliminary net income was $1.10 per fully diluted common share for the first quarter of fiscal 2025, a decrease of $0.06 as compared to $1.16 per fully diluted common share reported for the same period of the prior fiscal year. During the first quarter of fiscal 2025, the Company engaged with a consultant to complete a performance improvement project to enhance operations and revenues of the Bank. The one-time cost associated with this review totaled $840,000, reduced after-tax net income by $652,000, or $0.06 per fully diluted common share, and was a primary reason for the increase in non-interest expense during the current period, noted in further detail below.
Positive
Zacks Investment Research
4 months ago
Here's Why Southern Missouri Bancorp (SMBC) Is a Great 'Buy the Bottom' Stock Now
After losing some value lately, a hammer chart pattern has been formed for Southern Missouri Bancorp (SMBC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Positive
Zacks Investment Research
4 months ago
All You Need to Know About Southern Missouri Bancorp (SMBC) Rating Upgrade to Strong Buy
Southern Missouri Bancorp (SMBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
Seeking Alpha
5 months ago
Southern Missouri Bancorp, Inc. (SMBC) Q4 2024 Earnings Call Transcript
Southern Missouri Bancorp, Inc. (NASDAQ:SMBC ) Q4 2024 Earnings Conference Call July 30, 2024 10:30 AM ET Company Participants Stefan Chkautovich - Chief Financial Officer Matt Funke - President and Chief Administrative Officer Greg Steffens - Chairman and Chief Executive Officer Conference Call Participants Matt Olney - Stephens Andrew Liesch - Piper Sandler Kelly Motta - KBW Operator Hello, and welcome to the Southern Missouri Bancorp Quarterly Earnings Call. My name is Alex, and I'll be coordinating the call today.
Positive
Zacks Investment Research
5 months ago
Southern Missouri Bancorp (SMBC) Q4 Earnings and Revenues Top Estimates
Southern Missouri Bancorp (SMBC) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.43 per share a year ago.
Neutral
GlobeNewsWire
5 months ago
Southern Missouri Bancorp Reports Preliminary Results for Fourth Quarter of Fiscal 2024; Declares Quarterly Dividend of $0.23 Per Common Share; Conference Call Scheduled for Tuesday, July 30, at 9:30am Central Time
Poplar Bluff, Missouri, July 29, 2024 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the fourth quarter of fiscal 2024 of $13.5 million, a decrease of $2.0 million or 13.0%, as compared to the same period of the prior fiscal year. The decrease was primarily due to lower net interest income and noninterest income. Preliminary net income was $1.19 per fully diluted common share for the fourth quarter of fiscal 2024, a decrease of $0.18 as compared to the $1.37 per fully diluted common share reported for the same period of the prior fiscal year. For the full fiscal year 2024, preliminary net income of $50.2 million was an increase of $10.9 million as compared to fiscal 2023, while diluted earnings per share for fiscal 2024 were $4.42, an increase of $0.57 as compared to the $3.85 per fully diluted common share for fiscal 2023. The fiscal 2023 after-tax impact of the merger-related provision for credit losses (“PCL”) required to achieve the “Day 1” allowance for credit losses (“ACL”) on acquired loans and off-balance sheet credit exposures, and merger-related noninterest expenses, were estimated to have reduced diluted EPS by $0.95.
Neutral
Seeking Alpha
8 months ago
Southern Missouri Bancorp, Inc. (SMBC) Q1 2024 Earnings Call Transcript
Southern Missouri Bancorp, Inc. (NASDAQ:SMBC ) Q1 2024 Earnings Conference Call April 30, 2024 10:30 AM ET Company Participants Stefan Chkautovich - Chief Financial Officer Greg Steffens - Chairman and Chief Executive Officer Matt Funke - President and Chief Administrative Officer Conference Call Participants Andrew Liesch - Piper Sandler Kelly Motta - KBW David Cohen - Private Investor Operator Hello and welcome to today's Southern Missouri Bancorp Conference Call. My name is Jordan and I'll be coordinating your call today.
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