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SMBC

SOUTHERN MISSOURI BANCORP, INC.
7 filings tracked
financialsasset managementSMALL ($300M-2B)

Company Intelligence Hub

Filing history, signal momentum, and bull/bear evolution

Chronological Filing Evolution (Click to filter / toggle)

Thesis (Bull Case Evolution)

Southern Missouri Bancorp is demonstrating a powerful combination of operational discipline and strategic pricing, resulting in a significant earnings acceleration.…

Bullish Outlook

Antithesis (Bear Case / Structural Risks)

Despite the headline earnings growth, a closer look at the balance sheet reveals a troubling trend in credit quality. Non-accrual loans have climbed to $30.1 million, a 30% year-over-year increase, suggesting that the underlying loan portfolio is under stress.…

Risk Factors

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Synthesis (Verdict & Resolution)

The 10-Q filing presents a dichotomy between short-term profitability and long-term credit stability. On one hand, Southern Missouri Bancorp has successfully navigated the recent rate cycle to boost its net interest income and deliver impressive returns on average assets and equity. The ability to expand margins while keeping expenses stagnant is a clear positive for shareholders in the immediate term. However, the rising tide of non-performing assets and the heavy concentration in non-owner occupied commercial real estate create a precarious backdrop. Investors must weigh the current earnings beat against the possibility of higher provisions for credit losses in future quarters. The overall impact of the filing is a transition from a pure growth story to a quality-monitoring story, where the sustainability of the dividend and buyback programs will depend on the bank's ability to contain its credit losses.

Selected Quarter

Core Takeaway

The bank is successfully squeezing more profit out of its assets through liability repricing, but asset quality is beginning to slip.

Investor Lens

The trade-off between immediate EPS growth and the long-term risk of a CRE credit event.

Watch Next

The trend in non-accrual loans and the impact of ASU 2025-08 on loan discount pricing.

View Full SEC Report

Signal Momentum Chart

Quarterly net bull/bear signal ratio. Click nodes to select a quarter.

BULLISH (+1.0)NEUTRAL (0.0)BEARISH (-1.0)+0.40Q2 '26 (10-Q)

Signal Timeline

Active Filters:Quarter: Q2 '26 (10-Q)
bullishMay 8

Net income grew 20.5% to $51.6 million for the nine-month period.

earnings beat
80%
bullishMay 8

Net interest margin expanded by 23 basis points to 3.60%.

margin expansion
70%
bullishMay 8

Company authorized and executed repurchases of up to 550,000 shares.

buyback
60%
bearishMay 8

High CRE concentration (291% of Tier 1 capital) presents significant regulatory and credit risk.

regulatory action
50%
bullishMay 8

Net income grew 20.5% to $51.6 million for the nine-month period.

earnings beat
80%
bullishMay 8

Net interest margin expanded by 23 basis points to 3.60%.

margin expansion
70%
bullishMay 8

Company authorized and executed repurchases of up to 550,000 shares.

buyback
60%
bearishMay 8

High CRE concentration (291% of Tier 1 capital) presents significant regulatory and credit risk.

regulatory action
50%
bullishMay 8

Net income grew 20.5% to $51.6 million for the nine-month period.

earnings beat
80%
bullishMay 8

Net interest margin expanded by 23 basis points to 3.60%.

margin expansion
70%
bullishMay 8

Company authorized and executed repurchases of up to 550,000 shares.

buyback
60%
bearishMay 8

High CRE concentration (291% of Tier 1 capital) presents significant regulatory and credit risk.

regulatory action
50%
bullishMay 8

Net income grew 20.5% to $51.6 million for the nine-month period.

earnings beat
80%
bullishMay 8

Net interest margin expanded by 23 basis points to 3.60%.

margin expansion
70%
bullishMay 8

Company authorized and executed repurchases of up to 550,000 shares.

buyback
60%
bearishMay 8

High CRE concentration (291% of Tier 1 capital) presents significant regulatory and credit risk.

regulatory action
50%
bullishMay 8

Net income grew 20.5% to $51.6 million for the nine-month period.

earnings beat
80%
bullishMay 8

Net interest margin expanded by 23 basis points to 3.60%.

margin expansion
70%
bullishMay 8

Company authorized and executed repurchases of up to 550,000 shares.

buyback
60%
bearishMay 8

High CRE concentration (291% of Tier 1 capital) presents significant regulatory and credit risk.

regulatory action
50%
bullishMay 8

Net income grew 20.5% to $51.6 million for the nine-month period.

earnings beat
80%
bullishMay 8

Net interest margin expanded by 23 basis points to 3.60%.

margin expansion
70%
bullishMay 8

Company authorized and executed repurchases of up to 550,000 shares.

buyback
60%
bearishMay 8

High CRE concentration (291% of Tier 1 capital) presents significant regulatory and credit risk.

regulatory action
50%
bullishMay 8

Net income grew 20.5% to $51.6 million for the nine-month period.

earnings beat
80%
bullishMay 8

Net interest margin expanded by 23 basis points to 3.60%.

margin expansion
70%
bullishMay 8

Company authorized and executed repurchases of up to 550,000 shares.

buyback
60%
bearishMay 8

High CRE concentration (291% of Tier 1 capital) presents significant regulatory and credit risk.

regulatory action
50%

Filing History

10-QMay 8, 2026
Expand Sequence

The 10-Q filing presents a dichotomy between short-term profitability and long-term credit stability. On one hand, Southern Missouri Bancorp has successfully navigated the recent rate cycle to boost its net interest income and deliver impressive returns on average assets and equity. The ability to expand margins while keeping expenses stagnant is a clear positive for shareholders in the immediate term. However, the rising tide of non-performing assets and the heavy concentration in non-owner occupied commercial real estate create a precarious backdrop. Investors must weigh the current earnings beat against the possibility of higher provisions for credit losses in future quarters. The overall impact of the filing is a transition from a pure growth story to a quality-monitoring story, where the sustainability of the dividend and buyback programs will depend on the bank's ability to contain its credit losses.

Disclaimer: The synthesis provided is generated by AI models and should not be construed as investment advice. Analysis is based solely on regulatory data present at the time of publication. Consult a financial advisor for specific investment strategies.