GSBC - Great Southern Bank gives prelim Q2 numbers

2023-07-20 03:11:56 ET

• Great Southern Bancorp ( NASDAQ: GSBC ), the holding company for Great Southern Bank reports prelim earnings for Q2, were $1.52 per share ($18.3M net income) compared to $1.44 ($18.2M net income) during the same quarter previous year.
• Preliminary earnings for the six months ended June 30, 2023, were $3.19 per share ($38.8M net income) compared to $2.73 ($35.2M net income) previous year.
• Annualized return on average common equity was 13.11%, annualized return on average assets was 1.28%, and annualized net interest margin was 3.56%, compared to 12.72%, 1.34% and 3.78%, respectively, for the quarter ended June 30, 2022.
• President and CEO Joseph W. Turner said, “The Company’s liquidity and capital positions continue to be strong. Our borrowing capacity at the Federal Home Loan Bank increased by more than $300 million in the second quarter. "

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