Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Southern Missouri (SMBC)
:SMBC
RESEARCH TOOLSreports
Holding SMBC?
Track your performance easily
Earnings Data
Report Date
Jan 27, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.24Last Year’s EPS
1.07Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 22, 2018
|% Change Since: -6.07%
|Next Earnings Date:Jul 23, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture, with strong loan and deposit growth, improved tangible book value, and robust asset quality being positive points. However, there were significant challenges, such as decreased profitability, increased nonperforming loans, and higher provisions for credit losses, which indicate some underlying issues. Overall, the positive aspects are balanced by the negative, making the sentiment neutral.Company Guidance
During the Southern Missouri Bancorp earnings call for Q1 2025, the executive team provided detailed guidance on several financial metrics. The diluted EPS for the quarter was reported at $1.10, a decrease of $0.09 from the previous quarter and $0.06 from the same quarter last year. Despite these declines, net interest income saw an increase due to loan growth and net interest margin expansion, which was reported at 3.37%, slightly down from 3.44% a year ago but up from 3.25% in the previous quarter. Gross loan balances grew by $117 million, or 3%, during the quarter, with a 7.2% increase over the past year. Deposit balances rose by $97 million in the quarter, and tangible book value increased by 15.5% over the year. Noninterest expense increased by 3.4% from the previous quarter, but excluding one-time costs, expenses would have been flat. The provision for credit losses rose to $2.2 million from $900,000 in the previous quarter, reflecting increased reserves for loans and expected losses. Asset quality remained strong with nonperforming loans at $8.2 million, about 0.21% of gross loans. The management expressed optimism about future profitability, citing expected benefits from rate cuts and continued strong business activity.Net Interest Income Growth
Net interest income was up 4.5% quarter-over-quarter and about 3.5% year-over-year, driven by loan growth and net interest margin expansion.
Loan and Deposit Growth
Gross loan balances increased by $117 million or 3% during the first quarter, with a 7.2% increase over the prior 12 months. Deposit balances increased by $97 million during the first quarter, with a 6.8% increase over the prior 12 months.
Tangible Book Value Increase
Tangible book value rose to $38.26, reflecting a 15.5% increase over the prior 12 months, attributed to earnings retention and improved unrealized loss in the investment portfolio.
Strong Asset Quality
Adversely classified loans decreased by $400,000 or 4 basis points during the quarter to about $40.5 million, representing just over 1% of total loans.
Agricultural Sector Performance
Agricultural real estate and production loan balances increased, with favorable yields in corn, rice, and cotton offsetting low price levels.
---
SMBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SMBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $59.80 | $59.41 | -0.65% |
| Jul 29, 2024 | $50.26 | $54.94 | +9.31% |
| Apr 29, 2024 | $40.30 | $39.58 | -1.79% |
| Jan 29, 2024 | $49.12 | $46.92 | -4.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Southern Missouri (SMBC) report earnings?
Southern Missouri (SMBC) is schdueled to report earning on Jan 27, 2025, TBA Not Confirmed.
What is Southern Missouri (SMBC) earnings time?
Southern Missouri (SMBC) earnings time is at Jan 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMBC EPS forecast?
SMBC EPS forecast for the fiscal quarter 2025 (Q2) is 1.24.
---