Great Southern Bancorp Reports Strong Q2 2025 Earnings

Great Southern ( (GSBC) ) has released its Q2 earnings. Here is a breakdown of the information Great Southern presented to its investors.

Great Southern Bancorp, Inc., headquartered in Springfield, Missouri, operates as the holding company for Great Southern Bank, offering a wide range of banking services across several states in the Midwest and South. The company recently reported its second-quarter earnings for 2025, showcasing a strong financial performance with an increase in net income and earnings per share compared to the previous year. Key highlights include a significant rise in net interest income, improved asset quality, and a robust capital position.

The company’s net income for the quarter was $19.8 million, or $1.72 per diluted common share, up from $17.0 million, or $1.45 per share, in the same period last year. This growth was driven by an 8.9% increase in net interest income, largely due to lower interest expenses on deposits and borrowings. The net interest margin also improved to 3.68% from 3.43% a year ago. Asset quality remained strong, with non-performing assets decreasing to $8.1 million, representing just 0.14% of total assets.

Great Southern’s liquidity and capital positions were solid, with secured borrowing line availability of over $1.5 billion and a tangible common equity ratio of 10.5%. The company also redeemed all its outstanding subordinated notes, enhancing its capital structure. Non-interest income saw a decrease due to lower gains on loan sales and other income, while non-interest expenses decreased due to reduced legal and professional fees.

Looking ahead, Great Southern Bancorp remains focused on maintaining strong credit quality, controlling costs, and optimizing its funding mix to support growth and financial stability. The company’s management expressed confidence in its ability to deliver sustainable returns and continue creating long-term value for shareholders.