Great Southern Bancorp Inc

NASDAQ:GSBCUnited States

Oct 16, 2024

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• Great Southern Bancorp, Inc. Reports Preliminary Third Quarter Earnings of $1.41 Per Diluted Common Share, from 6:30PM ET on Wednesday Oct 16, 2024 by Dow Jones

  6:30PM ET on Wednesday Oct 16, 2024 by Dow Jones
  Companies Mentioned: GSBC
  Commercial business 6.36 253,086 12,382 6.54 296,605 13,153 5.93 Other loans 6.23 171,085 7,646 5.97 183,679 7,001 5.10 Industrial revenue bonds 6.13 11,792 642 7.27 12,493 661 7.08 --------- --------- -------- ------ --------- -------- ------ Total loans receivable 6.30 4,693,312 221,796 6.31 4,619,432 201,758 5.84 Investment securities 3.06 708,422 16,450 3.10 694,727 15,005 2.89 Other interest-earning assets 4.85 98,156 3,867 5.26 97,829 3,590 4.91 --------- --------- -------- ------ --------- -------- ------ Total interest-earning assets 5.85 5,499,890 242,113 5.88 5,411,988 220,353 5.44 --------- -------- ------ -------- ------ Non-interest-earning assets: Cash and cash equivalents 96,546 91,515 Other non-earning assets 252,076 205,415 --------- --------- Total assets $5,848,512 $5,708,918 ========= ========= Interest-bearing liabilities: Interest-bearing demand and savings 1.62 $2,223,153 29,306 1.76 $2,191,827 19,281 1.18 Time deposits 3.77 896,059 26,902 4.01 999,856 20,658 2.76 Brokered deposits 4.91 705,988 27,698 5.24 588,862 21,729 4.93 --------- --------- -------- ------ --------- -------- ------ Total deposits 2.76 3,825,200 83,906 2.93 3,780,545 61,668 2.18 Securities sold under reverse repurchase agreements 1.79 76,005 1,112 1.95 85,811 871 1.36 Short-term borrowings, overnight FHLBank borrowings and other interest-bearing liabilities 4.99 330,155 12,805 5.18 134,595 5,156 5.12 Subordinated debentures issued to capital trust 7.11 25,774 1,364 7.07 25,774 1,273 6.61 Subordinated notes 5.91 74,696 3,317 5.93 74,392 3,317 5.96 Total interest-bearing liabilities 3.04 4,331,830 102,504 3.16 4,101,117 72,285 2.36 --------- -------- ------ -------- ------ Non-interest-bearing liabilities: Demand deposits 856,877 965,403 Other liabilities 82,516 88,309 --------- --------- Total liabilities 5,271,223 5,154,829 Stockholders' equity 577,289 554,089 --------- --------- Total liabilities and stockholders' equity $5,848,512 $5,708,918 ========= ========= Net interest income: $ 139,609 $ 148,068 ======== ======== Interest rate spread 2.81% 2.72% 3.09% ========= ====== ====== Net interest margin* 3.39% 3.66% ====== ====== Average interest-earning assets to average interest-bearing liabilities 127.0% 132.0% ========= =========
  

• *DJ Great Southern Bancorp 3Q EPS $1.41 >GSBC, from 6:30PM ET on Wednesday Oct 16, 2024 by Dow Jones

  6:30PM ET on Wednesday Oct 16, 2024 by Dow Jones
  Companies Mentioned: GSBC