Great Southern Bancorp, Inc.
- Open
- 78.05
- Day high
- 79.71
- Day low
- 78.05
- Prev close
- 77.98
- Volume
- 94K
- Mkt cap
- $866M
- P/E (TTM)
- 13.2
- EPS (TTM)
- $6.04
- P/B
- 1.4
- P/S
- 2.7
- Yield
- 2.16%
- Per share
- $1.72
- ▼Insiders net selling -$69K over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions accumulating (13F)
Great Southern Bancorp, Inc. (GSBC) is a Financial Services company listed on NASDAQ. The stock is up 24% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4).
Great Southern Bancorp, Inc. (GSBC) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
GSBC earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 16, 2026 | $1.38 | $1.43 | +3.6% | $57M | +2.9% |
| Apr 16, 2026 | $1.27 | $1.58 | +24.4% | $55M | +1.1% |
| Mar 6, 2026 | — | $1.43 | — | $81M | — |
| Oct 15, 2025 | $1.55 | $1.56 | +0.5% | $58M | +5.5% |
| Jul 16, 2025 | $1.38 | $1.72 | +25.1% | $59M | +6.8% |
| Apr 16, 2025 | $1.26 | $1.47 | +17.0% | $56M | +1.7% |
| Jan 21, 2025 | $1.32 | $1.27 | -3.8% | $56M | +1.7% |
| Oct 16, 2024 | $1.25 | $1.41 | +12.4% | $55M | +5.9% |
| Jul 16, 2024 | $1.21 | $1.45 | +19.8% | $57M | +19.2% |
| Apr 17, 2024 | $1.05 | $1.13 | +7.6% | $52M | +3.5% |
| Mar 11, 2024 | — | $1.11 | — | $83M | — |
| Oct 18, 2023 | $1.28 | $1.33 | +3.9% | $55M | +16.2% |
GSBC insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 20, 2026 | BROWN JULIE Adirector | Sell | 851 | $81.00 |
| May 26, 2026 | STEINERT EARL A JRdirector | Option | 1,000 | $61.55 |
| May 26, 2026 | STEINERT EARL A JRdirector | Option | 2,000 | $60.15 |
| May 26, 2026 | STEINERT EARL A JRdirector | Option | 1,500 | $57.98 |
| May 26, 2026 | STEINERT EARL A JRdirector | Sell | 4,500 | $71.62 |
| May 19, 2026 | TURNER WILLIAM Vdirector | Sell | 6,000 | $68.35 |
| May 19, 2026 | TURNER WILLIAM Vdirector | Option | 6,000 | $52.20 |
| May 6, 2026 | Baker Kevin Lother: Vice President of Subsidiary | Option | 2,800 | $52.20 |
| May 6, 2026 | Baker Kevin Lother: Vice President of Subsidiary | Sell | 2,800 | $69.96 |
| May 4, 2026 | Maples Mark Aother: Vice President of Subsidiary | Option | 1,187 | $57.98 |
| May 4, 2026 | Maples Mark Aother: Vice President of Subsidiary | Sell | 2,387 | $68.95 |
| May 4, 2026 | Maples Mark Aother: Vice President of Subsidiary | Option | 1,200 | $61.55 |
| May 1, 2026 | TURNER JOSEPH Wdirector, 10 percent owner, officer: President/CEO | Option | 6,000 | $52.20 |
| May 1, 2026 | TURNER JOSEPH Wdirector, 10 percent owner, officer: President/CEO | Sell | 6,000 | $68.16 |
| May 1, 2026 | COPELAND REX Aofficer, other: Treasurer | Sell | 914 | $68.77 |
Source: GSBC SEC Form 4 filings, latest Aug 20, 2026. For informational purposes only — not investment advice.
See the full GSBC insider & 13F page →Great Southern Bancorp, Inc. company profile
Overview
Great Southern Bancorp, Inc. (NASDAQ:GSBC) is a regional bank holding company founded in 1923 and headquartered in Springfield, Missouri. The company operates through its primary subsidiary, Great Southern Bank, providing traditional banking services across six Midwestern states. With nearly a century of operations, Great Southern has grown from a local community bank into a regional financial institution with approximately $6 billion in total assets, serving customers through 93 retail banking centers and 200 automated teller machines across Missouri, Iowa, Minnesota, Kansas, Nebraska, and Arkansas.
Business
Great Southern Bancorp operates in the regional banking industry, which sits between large national banks and small community banks in terms of size and geographic scope. The company provides comprehensive financial services through its subsidiary Great Southern Bank, serving both individual consumers and commercial businesses across the Midwest. The bank's core operations center around traditional banking services including deposit-taking and loan origination. On the deposit side, Great Southern offers standard banking products such as checking accounts, savings accounts, money market accounts, and certificates of deposit (CDs) with varying maturities. The bank also provides specialized deposit products like individual retirement accounts (IRAs) and brokered certificates for institutional clients. Great Southern's loan portfolio represents its primary revenue-generating asset, totaling approximately $4.69 billion as of late 2024. The loan book is diversified across several categories: residential real estate loans for home purchases, commercial real estate loans for business properties, construction loans for development projects, commercial business loans for working capital and equipment financing, and various consumer loans including automobile loans, boat loans, and home equity loans. A significant portion of the portfolio consists of multifamily residential loans and construction loans, which have been key growth drivers. Beyond traditional banking, Great Southern provides ancillary financial services including insurance products and merchant banking services. The company also operates loan production offices in major metropolitan areas including Atlanta, Chicago, Dallas, Denver, Phoenix, and Tulsa, allowing it to originate loans outside its traditional retail banking footprint.
Revenue model
Great Southern Bancorp operates on the fundamental banking business model of net interest income generation, earning money by borrowing funds at lower rates through customer deposits and lending those funds at higher rates through various loan products. This spread between borrowing and lending rates, known as the net interest margin, constituted the majority of the bank's revenue stream. The bank's primary revenue source is net interest income, which totaled approximately $189 million in 2024. This income is generated by the difference between interest earned on loans and securities investments versus interest paid on deposits and borrowed funds. Great Southern's loan portfolio, representing about 78% of total assets, generates interest income from residential mortgages, commercial real estate loans, construction loans, and business lending. The bank also earns interest from its securities portfolio, which includes government agency securities yielding around 5%. Non-interest income provides a secondary revenue stream of approximately $27 million annually, generated through service fees, loan origination fees, deposit account fees, insurance commissions, and merchant banking services. This represents roughly 15% of total revenue. The bank's funding costs represent its primary expense, consisting of interest paid to depositors and on borrowed funds. Great Southern maintains approximately $4.7 billion in deposits, with the cost of these funds fluctuating based on Federal Reserve interest rate policies and competitive market conditions. The bank also utilizes wholesale funding sources and Federal Home Loan Bank advances when needed. Several factors significantly impact Great Southern's profitability margins. Federal Reserve interest rate policy directly affects both asset yields and funding costs, with rising rates generally benefiting banks with adjustable-rate loan portfolios like Great Southern's. Deposit competition in local markets can compress margins when banks compete aggressively for deposits by raising rates. Credit quality affects margins through loan loss provisions, with economic downturns potentially requiring higher reserves. Loan demand from businesses and consumers influences the bank's ability to deploy deposits profitably, with higher interest rates typically reducing loan demand.
Competitive moat
Great Southern Bancorp operates with a moderate competitive moat typical of well-established regional banks, though this moat faces ongoing pressure from larger competitors and technological disruption. The bank's primary defensive advantages stem from its long-standing customer relationships, local market knowledge, and regulatory barriers to entry in banking. The company's strongest moat element is its established customer relationships built over nearly 100 years of operation in Midwest markets. These relationships create switching costs for customers who maintain multiple accounts, loans, and services with the bank. Commercial customers particularly value the bank's local decision-making authority and relationship-based lending approach, which larger national banks often cannot replicate. Great Southern benefits from regulatory barriers that limit new bank formation and interstate banking expansion. Banking licenses are difficult and expensive to obtain, and regulatory compliance requirements favor established institutions with existing infrastructure and expertise. The bank's strong capital position and clean regulatory record provide competitive advantages in pursuing growth opportunities. However, Great Southern's moat faces significant challenges. Deposit competition has intensified as customers can easily compare rates online and move funds electronically. Large national banks and credit unions offer competitive rates and superior digital banking platforms. Fintech companies increasingly provide lending and payment services that bypass traditional banks entirely. The bank's geographic concentration in Midwest markets creates both advantages and vulnerabilities. While local knowledge provides lending expertise, economic downturns in agricultural and manufacturing sectors could disproportionately impact the bank. Additionally, the bank's construction loan concentration exposes it to real estate cycle risks that could affect profitability during economic downturns. Great Southern's moat is best characterized as narrow but defensible, relying primarily on customer relationships and local market expertise rather than unique products or pricing power.
Risks & safety
Great Southern Bancorp demonstrates a solid margin of safety with strong capital ratios and conservative risk management, though profitability pressures from interest rate environment present ongoing challenges. **Capital and Solvency:** - Tangible Common Equity ratio of 9.4% well above regulatory minimums - Total stockholders' equity of $599 million provides substantial buffer - Debt-to-equity ratio of 0.17 indicates minimal leverage risk - No immediate solvency concerns with strong capital position **Asset Quality:** - Nonperforming assets at 0.16% of total assets, indicating excellent credit quality - Nonperforming loans at just 0.07% of total loans - Allowance for credit losses at 1.36% of total loans provides adequate reserves - Net charge-offs of only $1.6 million for full year 2024 **Valuation Metrics:** - Price-to-earnings ratio of 11.7x appears reasonable for regional bank - Price-to-book ratio of 1.17x near tangible book value - Return on equity of 9.8% for 2024, declining from historical levels - Net interest margin of 3.49% under pressure from funding cost increases **Liquidity and Cash Flow:** - $196 million in cash and short-term investments - Approximately $2 billion in available funding lines and liquidity - Positive free cash flow of $39 million for 2024 - Strong deposit base of $4.7 billion provides stable funding
Recent development
Over the past several years, Great Southern Bancorp has focused on disciplined balance sheet management while navigating a challenging interest rate environment. The bank has strategically shifted its loan portfolio composition, with multifamily residential loans increasing by $607 million in 2024 while construction loan balances decreased by $359 million, reflecting management's response to market conditions and risk management priorities. The company made significant operational decisions including terminating a core banking system conversion project in 2024, which eliminated ongoing conversion expenses and complexity. Management has maintained a cautious approach to expansion, operating loan production offices in major metropolitan markets without significant new market entry commitments. Great Southern has pursued active capital management strategies, returning substantial capital to shareholders through both dividends and share repurchases. The bank repurchased $15 million in stock during 2024 and paid $18.7 million in dividends, demonstrating management's confidence in the business while maintaining strong capital ratios. The company has consistently maintained its quarterly dividend at $0.40 per share. In response to the interest rate environment, management has focused on asset-liability management, adding approximately $80-85 million in agency securities yielding around 5% during 2024. The bank has also worked to optimize its funding mix, managing deposit costs while maintaining competitive positioning in local markets. The bank has maintained conservative credit practices throughout recent economic uncertainty, with management expressing satisfaction with current underwriting standards and reserve levels. Asset quality metrics have remained strong, with nonperforming assets staying well below industry averages.
GSBC company profile · for informational purposes only — not investment advice.
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