Southern Missouri Bancorp (NASDAQ:SMBC) Posts Quarterly Earnings Results

Southern Missouri Bancorp (NASDAQ:SMBC) released its quarterly earnings data on Tuesday. The savings and loans company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.01), Zacks reports. Southern Missouri Bancorp had a net margin of 18.37% and a return on equity of 10.61%. The company had revenue of $74.55 million for the quarter, compared to the consensus estimate of $42.48 million.

Southern Missouri Bancorp Trading Up 2.6 %

Southern Missouri Bancorp stock traded up $1.53 during midday trading on Wednesday, reaching $61.15. The stock had a trading volume of 34,623 shares, compared to its average volume of 30,344. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.26. Southern Missouri Bancorp has a 52-week low of $39.00 and a 52-week high of $62.03. The firm has a market cap of $689.77 million, a price-to-earnings ratio of 13.87 and a beta of 0.96. The company has a fifty day moving average of $56.72 and a 200 day moving average of $49.05.

Southern Missouri Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Friday, November 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 20.86%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Piper Sandler increased their price objective on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a report on Wednesday. Stephens upped their target price on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday.

Insider Buying and Selling

In related news, Director William E. Young sold 5,000 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $49.57, for a total value of $247,850.00. Following the sale, the director now directly owns 218,917 shares of the company’s stock, valued at $10,851,715.69. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director William E. Young sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $52.37, for a total transaction of $26,185.00. Following the transaction, the director now directly owns 223,917 shares of the company’s stock, valued at approximately $11,726,533.29. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William E. Young sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $49.57, for a total transaction of $247,850.00. Following the transaction, the director now directly owns 218,917 shares in the company, valued at approximately $10,851,715.69. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.60% of the stock is currently owned by corporate insiders.

Southern Missouri Bancorp Company Profile

Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.