Southern Missouri Bancorp, Inc. (SMBC) Earnings
Southern Missouri Bancorp, Inc. is expected to report next earnings on July 22, 2026 (in NaN days), with a consensus EPS estimate of $1.65. SMBC has beaten EPS estimates in 6 of its last 9 reported quarters (average surprise +4.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $1.55 | $1.60 | +3.2% | $50M | +0.8% |
| Jan 21, 2026 | $1.56 | $1.62 | +3.8% | $50M | -0.6% |
| Oct 22, 2025 | $1.31 | $1.42 | +8.4% | $49M | -1.9% |
| Jan 27, 2025 | $1.28 | $1.30 | +1.6% | $45M | -0.7% |
| Jan 29, 2024 | $1.12 | $1.07 | -4.5% | $40M | -2.5% |
| Sep 13, 2023 | — | $1.38 | — | $63M | — |
| May 1, 2023 | $1.17 | $0.95 | -18.8% | $40M | -3.1% |
| Jan 30, 2023 | $1.34 | $1.26 | -6.0% | $34M | -2.4% |
| Sep 13, 2022 | — | $1.41 | — | $38M | — |
| Jan 24, 2022 | $1.21 | $1.35 | +11.6% | $30M | +7.1% |
| Sep 13, 2021 | — | $1.54 | — | $32M | — |
| Jan 25, 2021 | $0.89 | $1.32 | +48.3% | $29M | +23.0% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q3 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Highlights from Q3: Earnings down slightly but ROA above 140 in last two quarters. Loan growth: $96M increase in Q3, YTD loan growth 5.4%. Deposit growth: $33M in Q3, YOY $80M. Credit quality: Adverse and classified loans improved, non-performing assets increased but manageable. Ag segment: Balances up, producers managing costs. NIM details: Improvement driven by cost of funds, loan yields flat. Non-interest income: Up due to various items. Non-interest expense: Up due to compensation, other expenses. ACL: Increased for pooled loans, especially ag.
Guidance
Forward guidance: Optimistic about continuing trends into Q4. Anticipate muted loan growth in Q4 due to payoffs, but YTD loan growth 5.4% puts us in mid-single-digit range. Effective tax rate expected in 19.5%-20% range. Expect NIM limited expansion in Q4, but benefits in new fiscal year. Expect improvement in non-performer numbers in current and following quarters.
Segment performance
Loan balances: Gross loan balances increased by $96 million in the third quarter, with real estate collateralized loans up, except construction and land development; ag real estate balances $279 million (6% of gross loans), ag production and equipment loans $204 million (5% of gross loans). Deposit balances: Increased by about $33 million in Q3, up $80 million YOY. Net interest income: Up just under 1% QoQ and over 9% YOY due to average earning asset balances and NIM expansion. NIM: 3.67% in Q3, up from prior periods.
Risks & headwinds
Risks: Economic conditions could impact problem assets. Ag sector challenges with depressed prices. NIM pressure if no further rate cuts. CRE concentration ratios increased.
Analyst Q&A
Q: Loan-to-deposit ratio and deposit gathering?
A: Deposit growth is key, focus on low-cost deposits.
Q: Capital allocation and buybacks?
A: Buyback activity affected by market volatility, price determinant.
Q: Pipeline strength?
A: Increased due to staff performance.
Q: Income outlook and fee income?
A: Tax credit gains not core, focus on wealth management.
Q: Margin trend?
A: Limited NIM expansion in Q4, benefits in new fiscal year.
Q: Non-performer resolutions?
A: Expect improvement in current and following quarters.
Q: Expenses?
A: Current quarter run rate good for forward looking.