Southern Missouri Bancorp Q2 2020 Earnings Report
Key Takeaways
Southern Missouri Bancorp reported a net income available to common stockholders of $7.7 million, representing an increase of $263,000 or 3.5% compared to the same period last year. Earnings per fully diluted common share were $0.84, up by $0.03 from the previous year.
Annualized return on average assets was 1.36%, and annualized return on average common equity was 12.6%.
Earnings per common share (diluted) were $0.84, up $0.03, or 3.7%, compared to the same quarter a year ago.
Net loan growth for the second quarter of fiscal 2020 was $48.4 million.
Deposit balances increased $42.1 million in the second quarter.
Southern Missouri Bancorp
Southern Missouri Bancorp
Forward Guidance
The matters discussed in this press release may be deemed to be forward-looking statements that are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from the forward-looking statements.