Great Southern Bancorp Q2 FY26 EPS drops 16.86% to $1.43
GSBC•Q2 earnings and margins
Great Southern Bancorp posted Q2 net income of $15.8 million, down 20.2%, with diluted EPS of $1.43 versus $1.72 a year earlier.
Net interest income slipped 2.9% to $49.5 million, while the net interest margin widened 0.08 percentage points to 3.76%.
Costs, loans and branch consolidation
Non-interest expense rose to $38.2 million from a year earlier, reflecting $2.1 million in one-time branch consolidation and severance costs.
Total net loans fell 1.1% from Dec. 31 to $4.31 billion, while non-performing assets increased to $9.4 million, or 0.17% of total assets.
Nine banking centers will be consolidated, with 66 positions eliminated; management expects annual pre-tax income to rise by more than $2 million starting in Q4 2026.
