GSBC News & Events

Reports Q4 net interest margin was 3.70% vs. 3.49% a year ago. Q4 common Equity Tier 1 Capital Ratio was 13.6% vs. 12.3% a year ago. CEO Joseph Turner commented, "Our Q4 and full year 2025 results reflect the sustained success of our core banking operations and our commitment to long-term tangible book value appreciation, despite a volatile economic environment. Throughout the year, we remained focused on preserving net interest margin, protecting credit quality, controlling non-interest expense, and opportunistically repurchasing our stock. That discipline translated into solid profitability in Q4, with net income of $16.3M, or $1.45 per diluted common share, compared to $14.9M, or $1.27 per diluted common share, in the prior year period. For the full year, net income was $71.0M, or $6.19 per diluted common share, compared to $61.8M, or $5.26 per diluted common share, in the prior year. As we begin 2026, we remain focused on maintaining strong capital and liquidity positions, deploying capital thoughtfully, maintaining strong credit metrics, and supporting our customers and communities. At December 31, 2025, our tangible common equity ratio was 11.2%, and book value per common share was approximately $57.50...While economic conditions and market interest rate levels may fluctuate throughout 2026, we believe our conservative approach, sound balance sheet, and dedicated associates position Great Southern to continue delivering long-term value for our stockholders".

Common Equity Tier 1 Capital Ratio in Q3 was 13.3% from 12.3% at December 31, 2024 and 13.0% at June 30, 2025. CEO Joseph Turner commented, "Our Q3 results reflect continued stability in our core operations and disciplined execution of our long-term strategy to sustain profitability, protect credit quality, and enhance shareholder value. Core performance remained solid, with consistent net interest income, strong asset quality, and prudent expense management despite a continued competitive funding environment...Despite continued economic pressures, our core operations have been strong. Total interest income for Q3 was $79.1M, reflecting only modest decreases in interest income and yields on loans and investment securities, despite reductions in market interest rates since Q3 of 2024. Net interest income for the quarter increased to $50.8M compared to $48.0M in the same quarter last year, demonstrating the continued resilience of our margin and disciplined asset-liability management in a highly competitive deposit market...Core deposits remained stable during the quarter, underscoring the strength of our customer relationships and the enduring value of our community banking franchise. We continue to manage deposit and other funding costs carefully, maintaining pricing discipline while also ensuring flexibility amidst a volatile interest rate environment."