Great Southern Bancorp Inc (GSBC)

Great Southern Bancorp Jumps Nearly 10% After Strong Q1 Earnings BeatApril 16, 2026 8:18 AM
IH Market News
Great Southern Bancorp, Inc. (NASDAQ:GSBC) reported first-quarter results on Thursday that came in well above analyst expectations, driving a sharp move in its shares.The stock rose 9.63% in pre-market trading following the release.The bank holding company posted adjusted earnings of $1.58 per diluted share for the quarter ended March 31, 2026, exceeding the consensus estimate of $1.29 by $0.29.Revenue totaled $55.36 million, ahead of forecasts of $54.34 million, though slightly down from $55.92 million recorded in the same quarter of 2025. Net income reached $17.5 million, compared with $17.2 million a year earlier.Net interest income declined 2.0% year on year to $48.3 million from $49.3 million, largely reflecting the completion of income recognition tied to a previously terminated interest rate swap in October 2025.This was partly offset by lower interest expenses on deposits and borrowings, while the net interest margin improved to 3.71% from 3.57% in the prior-year period.“Our first-quarter 2026 results reflect a solid start to the year, driven by disciplined execution across the business,” said Joseph W. Turner, President and CEO. “We reported net income of $17.5 million, or $1.58 per diluted common share, compared to $17.2 million, or $1.47 per diluted common share, in the first quarter of 2025.”Total net loans increased by $99.8 million, or 2.3%, to $4.46 billion at the end of the quarter, supported mainly by growth in construction and commercial real estate lending.Loan payoffs declined compared to recent quarters, while non-performing assets rose to $10.1 million, or 0.18% of total assets, up from $8.1 million at the end of 2025.The allowance for credit losses stood at 1.43% of total loans as of March 31, 2026.The bank did not record any provision for loan credit losses during the quarter and reported a negative provision of $931,000 for unfunded commitments. Net recoveries for the period totaled $13,000.Great Southern Bancorp stock price

Original: Great Southern Bancorp Jumps Nearly 10% After Strong Q1 Earnings Beat

GSBC Totally Worthless Company. No Service or Really Bad Service.
Buy or Short Sell Companies you know...and I know this is a long term Short Sell

Steven King head of Mortgages is worthless !!