Southern Missouri Bancorp (NASDAQ:SMBC) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Southern Missouri Bancorp (NASDAQ:SMBC) released its quarterly earnings data on Monday. The savings and loans company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.08, Zacks reports. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. The firm had revenue of $46.15 million for the quarter, compared to the consensus estimate of $45.33 million.

Southern Missouri Bancorp Stock Up 0.5 %

Shares of NASDAQ SMBC opened at $49.47 on Tuesday. The firm has a 50 day moving average price of $53.38 and a 200 day moving average price of $57.93. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $591.61 million, a P/E ratio of 10.80 and a beta of 0.88. Southern Missouri Bancorp has a 52-week low of $39.00 and a 52-week high of $68.69.

Southern Missouri Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.23 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.86%. Southern Missouri Bancorp’s dividend payout ratio is 20.09%.

Insider Transactions at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director Douglas Bagby sold 7,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $59.08, for a total value of $413,560.00. Following the completion of the transaction, the director now directly owns 21,000 shares of the company’s stock, valued at approximately $1,240,680. The trade was a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 16.60% of the company’s stock.

Analyst Upgrades and Downgrades

SMBC has been the subject of several research reports. Stephens reissued an “overweight” rating and issued a $76.00 price objective on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods dropped their target price on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a report on Thursday, January 30th.

About Southern Missouri Bancorp

Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.