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

Southern Missouri Bancorp (NASDAQ:SMBC) issued 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 for the quarter.

Southern Missouri Bancorp Price Performance

Shares of NASDAQ SMBC traded down $0.04 during midday trading on Friday, reaching $65.50. 54,032 shares of the stock traded hands, compared to its average volume of 50,185. The company’s 50 day moving average is $60.81 and its 200 day moving average is $56.58. Southern Missouri Bancorp has a one year low of $45.10 and a one year high of $66.56. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market capitalization of $733.60 million, a PE ratio of 11.33 and a beta of 0.99.

Southern Missouri Bancorp Announces Dividend

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

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other Southern Missouri Bancorp news, Director William E. Young sold 1,500 shares of Southern Missouri Bancorp stock in a transaction 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 transaction, the director directly owned 93,552 shares of the company’s stock, valued at $5,039,646.24. This trade represents a 1.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 15.81% of the company’s stock.

Institutional Investors Weigh In On Southern Missouri Bancorp

Several hedge funds have recently made changes to their positions in SMBC. Apollon Wealth Management LLC purchased a new position in shares of Southern Missouri Bancorp in the third quarter worth $592,000. Squarepoint Ops LLC acquired a new stake in Southern Missouri Bancorp during the 2nd quarter worth about $996,000. Geode Capital Management LLC increased its holdings in shares of Southern Missouri Bancorp by 4.9% in the second quarter. Geode Capital Management LLC now owns 230,664 shares of the savings and loans company’s stock valued at $12,638,000 after purchasing an additional 10,802 shares during the period. AlphaQuest LLC raised its stake in shares of Southern Missouri Bancorp by 840,200.0% in the second quarter. AlphaQuest LLC now owns 8,403 shares of the savings and loans company’s stock worth $460,000 after purchasing an additional 8,402 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of Southern Missouri Bancorp by 78.4% during the second quarter. Creative Planning now owns 19,891 shares of the savings and loans company’s stock worth $1,090,000 after purchasing an additional 8,740 shares during the period. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

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.