Great Southern Bancorp Stock Earnings Reports

Great Southern Bancorp reported a solid start to 2026 with net income of $17.5 million ($1.58 diluted EPS), up modestly year-over-year and sequentially. Net interest income totaled $48.3 million and reported a resilient annualized net interest margin of 3.71% (up from 3.57% a year ago), helped by disciplined funding cost management and one-time collections of unbooked interest. Total loans rose about $100 million (2.3% quarter-over-quarter), driven by construction and commercial real estate, while multifamily loans declined. Deposit balances were broadly stable, down about $38 million quarter-over-quarter, with competitive deposit markets noted. Asset quality remains strong: nonperforming assets were ~0.18% of total assets with virtually no charge-offs and no provision for credit losses on outstanding loans; a negative provision of $0.93 million was recorded on unfunded commitments due to lower unfunded balances. Noninterest expense was essentially flat year-over-year at $34.8 million, though management expects expense to rise modestly as deferred IT and infrastructure projects come online. Capital remains solid: shareholders’ equity was $633.6 million (11.1% of assets), tangible book value progress remains a priority, the company repurchased shares ($16.9 million) and paid a $0.43 quarterly dividend. Management emphasized measured loan origination, disciplined underwriting, continued focus on margin preservation, expense discipline, credit vigilance, and thoughtful capital deployment (including opportunistic buybacks) as the operating priorities for 2026.