Great Southern Bancorp, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 22, 2024 at 06:15 pm EST
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Great Southern Bancorp, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 45.15 million compared to USD 54.62 million a year ago. Net income was USD 13.15 million compared to USD 22.6 million a year ago. Basic earnings per share from continuing operations was USD 1.11 compared to USD 1.85 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to USD 1.84 a year ago.
For the full year, net interest income was USD 193.22 million compared to USD 199.61 million a year ago. Net income was USD 67.8 million compared to USD 75.95 million a year ago. Basic earnings per share from continuing operations was USD 5.65 compared to USD 6.07 a year ago. Diluted earnings per share from continuing operations was USD 5.61 compared to USD 6.02 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.