Southern Missouri Bancorp (NASDAQ:SMBC) Issues Earnings Results

Southern Missouri Bancorp (NASDAQ:SMBC) posted its quarterly earnings data on Friday. The savings and loans company reported $1.62 earnings per share for the quarter, FiscalAI reports. Southern Missouri Bancorp had a net margin of 20.80% and a return on equity of 12.04%. The company had revenue of $49.65 million during the quarter.

Southern Missouri Bancorp Stock Performance

Shares of SMBC opened at $65.50 on Friday. The company has a market capitalization of $733.60 million, a price-to-earnings ratio of 11.33 and a beta of 0.99. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.99 and a current ratio of 0.99. Southern Missouri Bancorp has a 1 year low of $45.10 and a 1 year high of $66.56. The company’s 50 day simple moving average is $60.99 and its 200 day simple moving average is $56.64.

Southern Missouri Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, February 13th. Southern Missouri Bancorp’s dividend payout ratio is 17.30%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on SMBC shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Southern Missouri Bancorp in a research report on Monday, December 29th. Keefe, Bruyette & Woods upped their price objective on shares of Southern Missouri Bancorp from $63.00 to $64.00 and gave the company a “market perform” rating in a research note on Tuesday, January 27th. Stephens reiterated an “overweight” rating and set a $73.00 price target (up previously from $71.00) on shares of Southern Missouri Bancorp in a research note on Friday, January 23rd. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $68.00 price target (up from $61.00) on shares of Southern Missouri Bancorp in a report on Monday, January 26th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Southern Missouri Bancorp currently has an average rating of “Hold” and a consensus target price of $68.33.

Insider Transactions at Southern Missouri Bancorp

In related news, Director William E. Young sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $53.87, for a total value of $80,805.00. Following the completion of the sale, the director directly owned 93,552 shares in the company, valued at approximately $5,039,646.24. The trade was a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 15.81% of the company’s stock.

Institutional Trading of Southern Missouri Bancorp

Large investors have recently bought and sold shares of the company. Private Trust Co. NA acquired a new stake in Southern Missouri Bancorp during the 2nd quarter valued at approximately $32,000. Quarry LP bought a new stake in shares of Southern Missouri Bancorp in the 3rd quarter worth approximately $66,000. Raymond James Financial Inc. acquired a new position in shares of Southern Missouri Bancorp during the second quarter valued at $93,000. Strs Ohio bought a new position in Southern Missouri Bancorp in the 1st quarter worth about $94,000. Finally, Aquatic Capital Management LLC grew its holdings in Southern Missouri Bancorp by 140.8% in the 3rd quarter. Aquatic Capital Management LLC now owns 1,946 shares of the savings and loans company’s stock worth $102,000 after buying an additional 1,138 shares in the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

Southern Missouri Bancorp Company Profile

Southern Missouri Bancorp, Inc (NASDAQ: SMBC) is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.

Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.