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Dec 31, 2021

Great Southern Q4 2021 Earnings Report

Great Southern Bancorp's Q4 2021 earnings were reported, showing a decrease compared to the same period in 2020, primarily due to a one-time consultants’ fee. However, the company ended the year in a strong financial position.

Key Takeaways

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%.

Q4 2021 earnings were $1.14 per diluted common share, down from $1.28 in Q4 2020.

The decrease in earnings was primarily due to a $5.3 million one-time consultants’ fee.

Annualized return on average assets was 1.13%, and annualized return on average equity was 9.74%.

Net interest margin was 3.37%, relatively stable from the linked quarter and for the full year.

Total Revenue
$44.2M
Previous year: $44.6M
-0.8%
EPS
$1.45
Previous year: $1.28
+13.3%
Net Interest Margin
3.37%
Previous year: 3.41%
-1.2%
Return on Avg Assets
1.13%
Return on Avg Equity
9.74%
Cash and Equivalents
$1.56B
Previous year: $754M
+107.6%
Free Cash Flow
$5.47M
Previous year: $37.8M
-85.5%
Total Assets
$5.45B
Previous year: $5.52B
-1.3%

Great Southern

Great Southern

Forward Guidance

The company expects its effective tax rate to be approximately 20.5% to 21.5% in future periods.