Quarterly ResultJul 16, 2026, 01:01 PM
Great Southern Bancorp Q2 EPS $1.43; Net Income $15.8M
AI Summary
Great Southern Bancorp, Inc. reported preliminary Q2 2026 diluted earnings per common share of $1.43 and net income of $15.8 million, a decrease from Q2 2025. The results were negatively impacted by $2.1 million in non-recurring expenses related to the consolidation of nine banking centers and workforce reductions. Excluding these items, adjusted diluted EPS was $1.57 and net income was $17.4 million. The company maintained a strong capital position and saw an increase in net interest margin, despite a decrease in net interest income and total net loans.
Key Highlights
- Q2 2026 diluted EPS was $1.43, down from $1.72 in Q2 2025.
- Q2 2026 net income was $15.8 million, compared to $19.8 million in Q2 2025.
- Excluding non-recurring expenses, Q2 2026 diluted EPS was $1.57 and net income was $17.4 million.
- Net interest income decreased $1.5 million (2.9%) to $49.5 million in Q2 2026.
- Annualized net interest margin was 3.76% for Q2 2026, up from 3.68% in Q2 2025.
- Company consolidated nine banking centers and reduced workforce by 66 positions, incurring $2.1 million in non-recurring expenses.
- Total net loans decreased $49.1 million (1.1%) to $4.31 billion from December 31, 2025.
- Tangible common equity was 11.47% of tangible assets; book value per common share increased to $58.95.
Price Impact
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