Matt Olney

Andrew Liesch

Kelly Motta

Charlie Driscoll

Nathan Race

Nathan Rice

- Southern Missouri Bancorp (SMBC) reported **diluted EPS of $1.38** for Q1 2026, a slight decrease of $0.01 from the linked quarter but an increase of $0.28 from the year-ago quarter.  **[0000916907_2201093_1]** 
- The company's **net interest margin expanded to 3.57%** in Q1 2026, up 10 basis points quarter-over-quarter, contributing to a **5.2% increase in net interest income**.  **[0000916907_2201093_1]** **[0000916907_2201093_5]** 
- Gross loan balances grew by **$91 million or 2.2%** (8.8% annualized) during the quarter, and the company maintains a strong loan pipeline of approximately **$195 million** at September 30.  **[0000916907_2201093_1]** **[0000916907_2201093_2]**  SMBC expects to achieve **mid-single-digit loan growth** for the fiscal year.  **[0000916907_2201093_2]** 
- Credit quality saw an increase in non-performing loans to **$26 million** (0.62% of gross loans) and a provision for credit losses of **$4.5 million**.  **[0000916907_2201093_3]** **[0000916907_2201093_6]**  However, management anticipates charge-off activity to decline from recent levels and provisioning to be lower in future quarters.  **[0000916907_2201093_7]** 
- SMBC repurchased over **8,000 shares** for **$447,000** in Q1 2026 and plans to be more active in share buybacks given current market pricing.  **[0000916907_2201093_2]** **[0000916907_2201093_10]**

Southern Missouri Bancorp Reports Q1 2026 Earnings with NIM Expansion and Loan Growth

- Southern Missouri Bancorp (SMBC) reported **diluted EPS of $1.38** for Q1 2026, alongside a **net interest margin of 3.57%**, which expanded from the prior quarter.  **[0000916907_2200983_1]** 
- Gross loan balances increased by **$91 million or 2.2%** during Q1 2026, with a strong loan pipeline of **$195 million** at September 30, and the company expects mid-single-digit loan growth for the fiscal year.  **[0000916907_2200983_1]** **[0000916907_2200983_2]** 
- Non-performing loans increased to **$26 million (0.62% of gross loans)** at September 30, and the provision for credit loss was **$4.5 million** for the quarter; however, management anticipates charge-off activity to decrease and provisioning to be lower in future quarters.  **[0000916907_2200983_3]** **[0000916907_2200983_6]** **[0000916907_2200983_7]** 
- The company repurchased over **8,000 shares** in Q1 2026 and expects to be more aggressive with buybacks, while also noting a modest uptick in M&A discussions for potential targets around **$1 billion** in assets.  **[0000916907_2200983_2]** **[0000916907_2200983_7]** **[0000916907_2200983_10]**

SOUTHERN MISSOURI BANCORP (SMBC)