Earnings ·
Great Southern Bancorp reported preliminary second quarter 2026 net income of $15.8 million, or $1.43 per diluted…
GSBCGreat Southern Bancorp, Inc.
Great Southern Bancorp reported preliminary second quarter 2026 net income of $15.8 million, or $1.43 per diluted common share, compared to $19.8 million, or $1.72 per share, for the same period in 2025. The decline was primarily driven by $2.1 million in non-recurring expenses related to the consolidation of nine banking centers and the elimination of 66 positions. Net interest income decreased 2.9% to $49.5 million, while the annualized net interest margin improved to 3.76% from 3.68%. Total net loans decreased 1.1% to $4.31 billion. The company expects the operational efficiencies from the branch consolidations to increase annual pre-tax income by over $2 million starting in the fourth quarter of 2026. The company is a financial holding company that operates Great Southern Bank, providing a broad range of banking services.