Southern Missouri Bancorp Reports $1.60 EPS, Declares $0.25 Dividend, Price Target at $71
Southern Missouri Bancorp reported Q3 fiscal 2026 earnings of $1.60 per share, beating estimates by $0.05 and up from $1.39 year-over-year, with revenue exceeding $50 million and net income rising 13.3% to $17.8 million. Piper Sandler boosted the bank’s price target to $71 and declared a $0.25 dividend.
1. Q3 Fiscal 2026 Earnings Beat
Southern Missouri Bancorp delivered Q3 fiscal 2026 earnings of $1.60 per share, beating estimates by $0.05 and up from $1.39 in the same period last year.
2. Revenue and Net Income Growth
Revenue for the quarter exceeded $50 million, up from $46 million a year earlier, while net income rose 13.3% to $17.8 million, reflecting gains in both interest and noninterest income.
3. Dividend Declaration
The board declared a $0.25 per common share dividend, reinforcing the bank’s focus on consistent shareholder returns.
4. Price Target Increase
Piper Sandler raised its price target to $71, implying a 5.54% upside from recent trading levels and signaling increased confidence in the bank’s growth outlook following its strong quarter.