Great Southern Bancorp beat earnings and revenue while announcing plans to shutter nine branches and cut 66 jobs, a restructuring expected to boost annual pre-tax income by over $2 million starting Q4. Net interest margin expanded to 3.76% year-over-year on disciplined deposit repricing, and the CET1 ratio strengthened to 14.0%.
Great Southern Bancorp :
GSBC
GSBC
Stock Data
$80.57
$3.03 (3.91%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Great Southern Bancorp Inc, headquartered in Springfield, Missouri, is a banking institution founded in 1923. It offers a variety of financial services including savings, checking, and money market accounts, as well as certificates of deposit. The bank also provides a wide range of loans such as residential and commercial real estate, construction, and consumer loans, including auto and home equity loans. Additionally, Great Southern Bancorp offers insurance and merchant banking services, catering to a diverse clientele across the United States.
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