Overview
* Great Southern preliminaryQ2 EPS rises to $1.72, up from $1.45 last year
* Net interest income increases ~8.9% to $51.0 mln, driven by lower interest expenses on deposit accounts and other borrowings
* Non-performing assets decreased to $8.1 mln
Outlook
* Company anticipates recording $2.0 mln interest income from terminated swap in Q3 2025
* Great Southern remains focused on controlling costs and safeguarding credit quality
* Company expects effective tax rate to be approximately 18.0% to 20.0% in future periods
Result Drivers
* NET INTEREST INCOME - Driven by lower interest expenses on deposits and borrowings, net interest income rose 8.9% to $51.0 million
* ASSET QUALITY - Non-performing assets decreased to $8.1 million
* NON-INTEREST INCOME - Decreased due to lower net gains on loan sales and other income compared to prior year
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 EPS $1.72
Q2 Net $19.79
Income mln
Q2 Net $50.96
Interest mln
Income
Analyst Coverage
* The current average analyst rating on theshares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the banks peer group is "buy."
* Wall Street's median 12-month price target for Great Southern Bancorp Inc ( GSBC ) is $59.50, about 0.8% above its July 15 closing price of $59.02
* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)