Southern Missouri BancorpNASDAQ: SMBC

Southern Missouri Bancorp (SMBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC ) Q1 2025 Results Conference Call October 29, 2024 10:30 AM ET Company Participants Stefan Chkautovich - Chief Financial Officer Matt Funke - President and Chief Administrative Officer Conference Call Participants Matt Olney - Stephens Kelly Motta - KBW Andrew Liesch - Piper Sandler Operator Hello, and welcome to the Southern Missouri Bancorp, Inc. Earnings Conference Call. My name is Alex.

Southern Missouri Bancorp (SMBC) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.16 per share a year ago.

After losing some value lately, a hammer chart pattern has been formed for Southern Missouri Bancorp (SMBC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Southern Missouri Bancorp (SMBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Southern Missouri Bancorp (SMBC) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.43 per share a year ago.

LOS ANGELES--(BUSINESS WIRE)--Jenius Bank, the digital banking division of SMBC MANUBANK and a member of the SMBC Group, today unveiled the findings of its new survey, The Mind-Money Connection: How Managing Your Finances Can Make You Happier, revealing the tangible ways consumers' financial situations intertwine with our mental health and wellbeing. The report, which surveyed more than 4,000 U.S. consumers*, comes as Americans face a wave of significant financial hurdles, from persistent infla.

Southern Missouri Bancorp (SMBC) reported quarterly earnings of $0.99 per share, surpassing the Zacks Consensus Estimate of $0.93 per share. This is an increase from earnings of $0.95 per share in the same quarter last year.

Southern Missouri Bancorp, Inc. announced today that their preliminary net income for the third quarter of fiscal 2024 was $11.3 million, which is a significant increase compared to the same period in the prior fiscal year. The increase was mainly due to merger-related charges from Citizens Bancshares, Co., Kansas City, Missouri that impacted earnings in the previous year. The merger charges in March 31, 2023, quarter included noninterest expenses and provision for credit losses on acquired loans, totaling $10.3 million. Despite these one-time charges, the increase in net income was driven by lower credit losses and expenses, higher interest income, offset by lower non-interest income and increased provision for income taxes. The preliminary net income per fully diluted common share for the third quarter of fiscal 2024 was $0.99, compared to $0.22 in the same period of the prior fiscal year. The impact of non-recurring charges from the previous year reduced the comparable quarter's diluted earnings per share by $0.73.