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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.

Great Southn Bancorp Inc (GSBC) delivers community-focused banking services across six Midwest states through its subsidiary Great Southern Bank. This news hub provides investors and stakeholders with essential updates on corporate developments, financial performance, and strategic initiatives.

Access authoritative information on GSBC's quarterly earnings reports, regulatory filings, leadership announcements, and product innovations. Our curated collection serves as a reliable resource for tracking the bank's mortgage lending activities, commercial banking expansions, and risk management practices.

Key updates include material event disclosures, dividend declarations, merger/acquisition developments, and technology implementations related to digital banking platforms. Bookmark this page for streamlined access to verified information that supports informed financial decision-making regarding this regional banking institution.

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Great Southern Bancorp (NASDAQ: GSBC) reported preliminary Q2 2024 earnings of $1.45 per diluted share, down from $1.52 in Q2 2023. Net income for the quarter was $17 million, a decrease from $18.3 million year-over-year. For the six months ended June 30, 2024, earnings per share were $2.58 compared to $3.19 in the same period of 2023. Net interest income dropped by $1.3 million YoY to $46.8 million, while net interest margin fell to 3.43% from 3.56%. Non-interest income increased by $2.1 million, driven by the termination of a core banking platform agreement. Total loans grew by $44 million, but non-performing assets rose by $8.6 million to $20.4 million. The company's capital and liquidity positions remained strong, with a Tier 1 Leverage Ratio of 11.0% and available secured funding lines totaling $2 billion.

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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 Southn Bancorp Inc

Nasdaq:GSBC

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GSBC Stock Data

623.94M
8.47M
26.81%
45.59%
1.18%
Banks - Regional
State Commercial Banks
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United States
SPRINGFIELD