Great Southern Bancorp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 18, 2023 at 04:30 pm EDT
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Great Southern Bancorp, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 46.74 million compared to USD 52.9 million a year ago. Net income was USD 15.88 million compared to USD 18.13 million a year ago. Basic earnings per share from continuing operations was USD 1.33 compared to USD 1.46 a year ago. Diluted earnings per share from continuing operations was USD 1.33 compared to USD 1.46 a year ago.
For the nine months, net interest income was USD 148.07 million compared to USD 144.99 million a year ago. Net income was USD 54.66 million compared to USD 53.34 million a year ago. Basic earnings per share from continuing operations was USD 4.52 compared to USD 4.2 a year ago. Diluted earnings per share from continuing operations was USD 4.52 compared to USD 4.2 a year ago.
Great Southern Bancorp, Inc. is a bank holding company of Great Southern Bank (the Bank). The Company conducts its business as a financial holding company. Through the Bank and subsidiaries of the Bank, the Company primarily offers a variety of banking and banking-related services. The Bank offers a range of banking services through its 89 banking centers located in southern and central Missouri; the Kansas City, Missouri area; the St. Louis area; eastern Kansas; northwestern Arkansas; the Minneapolis area and eastern, western and central Iowa. The Company operates through a single segment, banking operation. The banking operation segment is principally engaged in the business of originating residential and commercial real estate loans, construction loans, commercial business loans and consumer loans and funding these loans by attracting deposits from the general public, accepting brokered deposits and borrowing from the Federal Home Loan Bank and others.