Great Southern Bancorp reported a strong fourth quarter with earnings of $1.27 per diluted common share, surpassing the $1.11 recorded in the same period of 2023. The improvement was primarily driven by increased net interest income and strategic loan portfolio growth.
Great Southern Bancorp reported preliminary third quarter earnings of $1.41 per diluted common share, or $16.5 million in net income. Net interest income increased to $48.0 million, and non-interest expenses decreased to $33.7 million. Non-performing assets significantly reduced, showcasing proactive credit risk management.
Great Southern Bancorp reported preliminary earnings for the second quarter of 2024 of $1.45 per diluted common share, with a net income of $17.0 million. The results reflected improved earnings compared to the first quarter of 2024, both on a reported basis and excluding certain significant or non-recurring items, in a challenging economic environment.
Great Southern Bancorp reported preliminary earnings of $1.52 per diluted common share ($18.3 million net income) for the three months ended June 30, 2023, compared to $1.44 per diluted common share ($18.2 million net income) for the three months ended June 30, 2022. The company's liquidity and capital positions continue to be strong.
Great Southern Bancorp reported strong fourth-quarter earnings, with earnings per share at $1.84 and net income at $22.6 million. The company benefited from rising market interest rates and strong commercial loan growth.
Great Southern Bancorp reported preliminary earnings of $1.44 per diluted common share for the second quarter of 2022, a slight decrease from $1.46 per share in the same period of 2021. The company's net interest margin improved to 3.78%, driven by increasing market interest rates and changes in asset mix. Loan growth was strong, particularly in commercial real estate and multi-family loans.
Great Southern Bancorp reported preliminary earnings for the first quarter of 2022 at $1.30 per diluted common share, totaling $17.0 million. While this is slightly lower than the $1.36 per share ($18.9 million) from Q1 2021, key performance ratios such as annualized return on average assets (1.27%) and equity (11.14%) remained strong. The net interest margin improved to 3.43% from both the previous quarter and the same period last year.
Great Southern Bancorp reported Q4 2021 earnings of $1.14 per diluted common share, a decrease from $1.28 per share in Q4 2020. The decrease was primarily driven by a one-time consultants’ fee of $5.3 million. The company's annualized return on average assets was 1.13%, and annualized return on average equity was 9.74%.
Great Southern Bancorp reported a strong second quarter, with earnings per diluted common share of $1.46, a significant increase compared to $0.93 in the same period last year. The company's performance was driven by higher net gains on mortgage loan sales, increased debit card and ATM fees, and negative credit loss provisions. Credit quality metrics remained excellent, and the company announced the redemption of $75 million of subordinated notes.
Great Southern Bancorp reported a strong first quarter with earnings of $1.36 per diluted common share, totaling $18.9 million available to common shareholders. This compares favorably to the $1.04 per diluted common share, or $14.9 million, reported for the same period in 2020. The company's performance was driven by higher net gains on mortgage loan sales, lower credit loss provision, and general expense containment.
Great Southern Bancorp reported preliminary earnings for Q4 2020 of $1.28 per diluted common share, totaling $17.8 million available to common shareholders. The company's performance underscores dedication and effort in serving customers during the pandemic. The net interest margin for the quarter was 3.41%, with an increase of five basis points from the previous quarter.
Great Southern Bancorp, Inc. reported preliminary earnings of $0.96 per diluted common share for the three months ended September 30, 2020, compared to $1.38 per diluted common share for the three months ended September 30, 2019. Net income available to common shareholders was $13.5 million, down from $19.7 million in the prior year quarter.
Great Southern Bancorp reported preliminary earnings of $0.93 per diluted common share for the three months ended June 30, 2020. The decline was primarily driven by loan loss provision expense, which was $4.4 million higher than the second quarter a year ago. Net interest income was affected by the Federal Reserve’s significant interest rate cuts in March, additional lower earning assets, and interest expense related to the subordinated debt offering completed in mid-June.
Great Southern Bancorp reported preliminary earnings for Q1 2020 with an EPS of $1.04. The results were impacted by COVID-19 related expenses and additional loan loss provisions. Total gross loans increased by $54 million, or 1.1%. Credit quality metrics remained solid with historically low levels of non-performing assets. Capital remained very strong.
Great Southern Bancorp reported preliminary earnings of $1.24 per diluted common share for the three months ended December 31, 2019, compared to $1.21 per diluted common share for the three months ended December 31, 2018. Net income available to common shareholders was $17.9 million, an increase from $17.3 million in the same period last year.