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Great Southn Bancorp Inc - GSBC STOCK NEWS

Welcome to our dedicated page for Great Southn Bancorp news (Ticker: GSBC), a resource for investors and traders seeking the latest updates and insights on Great Southn Bancorp stock.

Overview of Great Southn Bancorp Inc (GSBC)

Great Southn Bancorp Inc is a publicly traded bank holding company that operates through its subsidiary, Great Southern Bank. Serving communities across Missouri, Arkansas, Iowa, Kansas, Nebraska, and Minnesota, the company provides a comprehensive range of banking products and services. Built on the foundation of financial strength and stability, GSBC offers innovative and creative financial solutions that cater to the distinct needs of residential, commercial, and consumer clients.

Core Business and Services

The company is principally engaged in the business of originating and servicing residential and commercial real estate loans, construction loans, commercial business loans, and consumer loans. GSBC also provides an array of services such as:

  • Business Banking: Customized financial products tailored for small to mid-sized businesses.
  • Merchant Services: Payment and transaction processing solutions to support business operations.
  • Card Services: Debit and credit card solutions that enable convenient transactions.
  • Digital Banking: Online and mobile banking platforms that offer secure access to banking services.
  • VIP and Overdraft Protection: Enhanced services designed to meet specific client needs.

Market Position and Competitive Landscape

Great Southn Bancorp Inc positions itself as a significant community-focused regional bank within an industry that demands precise risk management and customer trust. Operating in competitive, evolving local markets, the company differentiates itself through its commitment to offering personalized financial solutions, maintaining robust risk management measures and fostering long-term relationships with customers. Its operational strategy is rooted in enhancing customer service, financial stability, and tailored banking solutions which support both individual consumers and businesses within its served regions.

Operational Excellence and Business Model

The company generates revenue primarily from interest income on an extensive portfolio of loans and fees from a variety of banking services. Its diversified approach to revenue ensures stability by balancing traditional lending with modern digital banking services. In addition to its core lending operations, GSBC also leverages fee-based income from merchant services and digital transaction solutions. The structure of its operations emphasizes:

  • Diversification: A balanced mix of loan products and ancillary financial services that cater to a wide customer base.
  • Risk Management: Advanced risk assessment techniques to safeguard asset quality and maintain a strong capital position.
  • Customer-Centric Approach: Focused on meeting unique financial needs with creative and responsible solutions.

Financial Stability and Service Commitment

GSBC is renowned for its financial resilience and operational discipline. The company is committed to safeguarding its capital and liquidity, ensuring that its customers have continuous access to secure and reliable banking services. This stability is enhanced by a dedicated team of professionals who bring deep expertise in banking operations, risk management, and customer relations, fostering an environment of trust and reliability.

Community Engagement and Workforce Excellence

Beyond its core financial operations, Great Southn Bancorp Inc is known for its strong community ties and a workforce that is both dynamic and highly motivated. The company places a high priority on employee development, offering a wide array of career opportunities and competitive benefits. This investment in human capital not only strengthens internal operations but also enhances the quality of service provided to its diverse clientele.

Conclusion

In summary, Great Southn Bancorp Inc (GSBC) blends a robust lending portfolio with innovative banking services to meet the financial needs of a varied customer base across multiple states. Its commitment to strong risk management, operational efficiency, and community engagement positions it as a reputable and stable institution within the regional banking sector. Investors and analysts looking for an in-depth understanding of a bank with a comprehensive range of services will find GSBC's approach to prudent financial management and tailored customer solutions both informative and illustrative of its longstanding market significance.

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Great Southern Bancorp (NASDAQ: GSBC) announced that its Board of Directors declared a $0.40 per common share dividend for the second quarter of 2024. This marks the 138th consecutive quarterly dividend for the company. The dividend will be payable on July 16, 2024, to shareholders of record on July 1, 2024.

Headquartered in Springfield, Missouri, Great Southern Bancorp has total assets of $5.8 billion and offers a wide range of banking services. The company operates 89 retail banking centers across several states and has commercial loan production offices in major cities like Atlanta, Chicago, and Dallas. GSBC is listed on the NASDAQ Global Select Market.

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Great Southern Bancorp (NASDAQ: GSBC), the holding company for Great Southern Bank, will report its second quarter 2024 preliminary earnings after the market closes on July 16, 2024. A conference call to discuss the results is scheduled for July 17, 2024, at 2:00 p.m. Central Time.

The call will be available live and later as a recorded version on the company's Investor Relations website. Participants are advised to register and join 10 minutes before the event.

The earnings release will also be available on the SEC's website as part of a Current Report on Form 8-K. Great Southern Bancorp operates 89 retail banking centers across several states and commercial loan production offices in major cities. The company has total assets of $5.8 billion and its stock is listed on the NASDAQ Global Select Market under the ticker GSBC.

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Great Southern Bancorp, Inc. reported preliminary first quarter earnings of $1.13 per diluted common share, with net income of $13.4 million, compared to $1.67 per diluted common share and $20.5 million net income for the same period last year. The company faced challenges with decreased net interest income, lower loan origination volume, and increased deposit costs. Despite these challenges, the company maintained a strong capital position and ample liquidity. Non-performing assets increased, mainly due to a single loan relationship in the other residential loan category.
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Great Southern Bancorp, Inc. (GSBC) declares a $0.40 per common share dividend for the first quarter of 2024, marking the 137th consecutive quarterly dividend. With total assets of $5.8 billion, the company offers banking services across multiple states. The dividend will be payable on April 16, 2024, to stockholders of record on April 2, 2024.
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Great Southern Bancorp, Inc. (GSBC) to report Q1 2024 earnings on April 17, 2024, with a conference call on April 18, 2024. The company operates 89 retail banking centers and has total assets of $5.8 billion.
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Great Southern Bancorp, Inc. (NASDAQ:GSBC) will hold its 35th Annual Meeting of Stockholders virtually on May 8, 2024. Stockholders can attend the meeting via a live webcast.
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Great Southern Bancorp, Inc. reported preliminary financial results for the quarter and year ended December 31, 2023. The company recorded significant non-recurring expenses in legal and professional fees, salaries and employee benefits, and other operating expenses. Liquidity and capital position remained strong, with secured borrowing line availability and unpledged securities. However, net interest income decreased, and total loans and asset quality were impacted. Preliminary earnings for the year ended December 31, 2023, were $5.61 per diluted common share compared to $6.02 per diluted common share for the year ended December 31, 2022. CEO Joseph W. Turner mentioned the challenging operating landscape and lower earnings due to increased deposit costs, competition for deposits, lower loan origination volume, lower non-interest income, and higher non-interest expenses.
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Great Southern Bancorp, Inc. (NASDAQ: GSBC) Appoints Amy Counts to Boards of Directors
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Great Southern Bancorp, Inc. (NASDAQ:GSBC) declares a $0.40 per common share dividend for Q4 2023, marking the 136th consecutive quarterly dividend. The company has total assets of $5.7 billion and operates 90 retail banking centers across several states.
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Great Southern Bancorp, Inc. (NASDAQ:GSBC) is set to release its fourth quarter 2023 preliminary earnings on January 22, 2024, and host a conference call on January 23, 2024. With total assets of $5.7 billion, the company offers a broad range of banking services to commercial and consumer customers, operating 90 retail banking centers in multiple states. Great Southern Bancorp's common stock (ticker: GSBC) is listed on the NASDAQ Global Select Market.
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FAQ

What is the current stock price of Great Southn Bancorp (GSBC)?

The current stock price of Great Southn Bancorp (GSBC) is $55.86 as of April 1, 2025.

What is the market cap of Great Southn Bancorp (GSBC)?

The market cap of Great Southn Bancorp (GSBC) is approximately 645.2M.

What is the primary business of Great Southn Bancorp Inc (GSBC)?

Great Southn Bancorp Inc is a bank holding company that operates through Great Southern Bank, providing a diverse range of banking services including various loan products and digital banking solutions.

Which geographic regions does GSBC serve?

The company serves communities across Missouri, Arkansas, Iowa, Kansas, Nebraska, and Minnesota, focusing on regional and community banking.

What types of loans does GSBC originate?

GSBC originates residential and commercial real estate loans, construction loans, commercial business loans, and consumer loans tailored to meet different financial needs.

How does GSBC generate revenue?

Revenue is generated primarily from interest income on its diverse loan portfolio along with fees from its various financial services, including merchant services, card transactions, and digital banking platforms.

What makes GSBC distinct in the regional banking market?

GSBC emphasizes personalized banking solutions, robust risk management practices, and strong community engagement, which collectively differentiate it in a competitive market.

What digital banking services does GSBC offer?

The company provides online banking, mobile banking applications, and secure digital platforms that enable customers to manage their finances conveniently and safely.

How does GSBC manage risk and maintain asset quality?

GSBC uses advanced risk assessment strategies and strict credit risk management protocols to maintain asset quality, ensuring financial stability and regulatory compliance.

What types of career opportunities are available at GSBC?

GSBC offers a diverse array of career opportunities across various departments, focusing on professional development and competitive benefits for its associates.
Great Southn Bancorp Inc

Nasdaq:GSBC

GSBC Rankings

GSBC Stock Data

645.17M
8.50M
26.81%
45.59%
1.18%
Banks - Regional
State Commercial Banks
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United States
SPRINGFIELD