Great Southern ( (GSBC) ) has released its Q3 earnings. Here is a breakdown of the information Great Southern presented to its investors.
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Great Southern Bancorp, Inc., a financial institution headquartered in Springfield, Missouri, operates primarily in the banking sector, offering a comprehensive range of banking services across several states in the U.S. and maintaining a strong presence in commercial lending.
In its latest earnings report, Great Southern Bancorp, Inc. announced a net income of $17.8 million for the third quarter of 2025, translating to $1.56 per diluted common share, up from $16.5 million or $1.41 per share in the same period last year. The company highlighted its strong financial performance amidst a competitive market environment.
Key financial metrics for the quarter included a 5.8% increase in net interest income to $50.8 million, driven by strategic management of interest expenses. The company also reported a significant improvement in asset quality, with non-performing assets decreasing to $7.8 million. Additionally, Great Southern’s capital position remained robust, with regulatory capital ratios well above required thresholds.
Despite a decrease in total net loans by 4.7% from the previous year, the company maintained strong liquidity and capital positions, supported by a strategic reduction in brokered deposits and continued focus on core deposit stability. The company also reported an increase in non-interest expenses, primarily due to higher legal fees and technology upgrades.
Looking ahead, Great Southern Bancorp, Inc. remains committed to maintaining strong capital and liquidity positions while focusing on customer support and shareholder value. The company continues to adapt to market conditions with a disciplined approach to financial management and strategic growth initiatives.