What is Southern Missouri's gross profit margin?

What is the revenue and EPS growth rate for Southern Missouri year over year?

What does Southern Missouri do and what are its main business segments?

What were the key takeaways from Southern Missouri's earnings call?

What is Southern Missouri's latest dividend and current dividend yield?

What factors drove the changes in Southern Missouri's revenue and profit?

What is the market's earnings forecast for Southern Missouri next quarter?

Did Southern Missouri beat or miss consensus estimates last quarter?

- **Loan growth acceleration**: 8.8% annualized loan growth with $225 million year-over-year increase.
- **Margin expansion**: 3.57% net interest margin (up 10 basis points quarter-over-quarter).
- **Credit quality concerns**: Nonperforming loans at 0.62%, driven by special purpose CRE relationship.
- **Agricultural sector risks**: Mixed crop yields, elevated input costs, and stable land/equipment values.
- **Strategic initiatives**: M&A pipeline with focus on $1 billion+ deals, 50+ potential partners.

**【Management Opening Remarks】**
- **Stable earnings growth**: Net interest margin expanded to 3.57% (up 10 basis points quarter-over-quarter), driven by loan yield increases and deposit cost decreases.
- **Loan growth momentum**: Gross loans increased $91 million (2.2% linked quarter) with annualized growth of $225 million (5.7% year-over-year).
- **Deposit stability**: Core deposits grew $14 million (0.3% linked quarter) with 12-month growth of $240 million (5.9%).
- **Share buyback activity**: Repurchased 8,000 shares at $55 average price, representing 127% of tangible book value.

**【CEO Summary Section】**
- **Credit quality metrics**: Nonperforming loans at 0.62% (up 6 basis points linked quarter), driven by special purpose CRE relationship.
- **Agricultural sector challenges**: Mixed crop yields, elevated input costs, and stable land/equipment values.
- **Strategic initiatives**: M&A pipeline with focus on $1 billion+ asset deals, 50+ potential partners in Missouri/Arkansas.

**【CFO Financial Commentary】**
- **Net interest income drivers**: 8 basis point yield expansion, 1 basis point deposit cost decline.
- **Expense management**: Noninterest expense down 3.6% ($925,000) linked quarter, offset by $707,000 noninterest income decline.
- **Credit metrics**: Allowance for credit losses at 124% of gross loans, up from 118% linked quarter.

**【Q&A Highlights】**
- **Charge-off outlook**: Expect decline from recent elevated levels, but 2025 ag season uncertain.
- **Margin sensitivity**: 1-3% net interest income benefit from rate cuts.
- **M&A activity**: Authorized 200,000 shares for buyback, targeting 3-year earnback period.
- **Agricultural risk**: 30% soybeans/30% corn mix with mixed 2025 crop yields.

SMBC

SMBC fundamentals

You can ask Aime