Great Southern Bancorp, Inc.

NasdaqGS:GSBC 주식 리포트

시가총액: US$775.2m

Great Southern Bancorp 경영진

경영진 기준 점검 3/4

현재 CEO에 대한 정보가 충분하지 않습니다.

핵심 정보

Joe Turner

최고경영자

US$1.9m

총 보수

CEO 급여 비율27.67%
CEO 재임 기간26.3yrs
CEO 지분 보유율1.5%
경영진 평균 재임 기간데이터 없음
이사회 평균 재임 기간16.8yrs

최근 경영진 업데이트

Recent updates

내러티브 업데이트 May 02

GSBC: Buybacks And Stable Margins Will Shape Future Risk Reward Balance

Analysts have raised their price target on Great Southern Bancorp by $2 to $67.50, citing updated assumptions around discount rates, margin profile, and forward P/E multiples that continue to support the existing fair value estimate. Analyst Commentary Analysts updating their work on Great Southern Bancorp are basing the new $67.50 price target on refreshed views of the bank's earnings power, risk profile, and what they see as a reasonable P/E multiple for the shares.
내러티브 업데이트 Apr 18

GSBC: Higher Fair Value And Buybacks Will Shape Future Risk Reward Balance

Analysts lifted the fair value estimate for Great Southern Bancorp by $4 to $67.50, citing updated assumptions around discount rates, revenue growth, profit margins, and forward P/E expectations reflected in recent Street research. Analyst Commentary Bullish analysts see the higher fair value estimate of $67.50 as better aligned with updated discount rate work and current P/E assumptions from recent Street research, rather than a stretch case.
Seeking Alpha Jul 20

Great Southern Bancorp: Strong Credit Quality But Limited Upside

Summary Great Southern Bancorp reported strong Q2 results, but much of the beat was driven by one-time items unlikely to recur, so true earnings power is lower. The bank's pristine credit quality and strong capital position are standout positives, supporting a secure 2.6% dividend and potential for buybacks. Growth prospects are limited due to muted loan demand and a slow-growth geographic footprint, constraining valuation multiples for this small community bank. GSBC is fairly valued around $62; while M&A is a possible upside risk, I rate the stock a 'hold' given limited upside beyond current levels. Read the full article on Seeking Alpha
분석 기사 Mar 23

Great Southern Bancorp (NASDAQ:GSBC) Will Pay A Dividend Of $0.40

Great Southern Bancorp, Inc. ( NASDAQ:GSBC ) has announced that it will pay a dividend of $0.40 per share on the 14th...
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새로운 내러티브 Oct 20

Credit Quality And Pipeline Strength Set To Propel Future Growth

Improved credit quality and reduced nonperforming assets should positively impact future net margins by decreasing risk and potential losses.
분석 기사 Sep 22

Great Southern Bancorp (NASDAQ:GSBC) Has Affirmed Its Dividend Of $0.40

The board of Great Southern Bancorp, Inc. ( NASDAQ:GSBC ) has announced that it will pay a dividend of $0.40 per share...
분석 기사 Jun 24

Great Southern Bancorp (NASDAQ:GSBC) Has Affirmed Its Dividend Of $0.40

The board of Great Southern Bancorp, Inc. ( NASDAQ:GSBC ) has announced that it will pay a dividend of $0.40 per share...
분석 기사 May 02

It's Unlikely That The CEO Of Great Southern Bancorp, Inc. (NASDAQ:GSBC) Will See A Huge Pay Rise This Year

Key Insights Great Southern Bancorp's Annual General Meeting to take place on 8th of May Salary of US$433.5k is part of...
분석 기사 Mar 29

Great Southern Bancorp (NASDAQ:GSBC) Is Due To Pay A Dividend Of $0.40

Great Southern Bancorp, Inc.'s ( NASDAQ:GSBC ) investors are due to receive a payment of $0.40 per share on 16th of...
분석 기사 Jul 19

Do Great Southern Bancorp's (NASDAQ:GSBC) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Seeking Alpha Oct 20

Great Southern Bancorp GAAP EPS of $1.46 misses by $0.10, revenue of $60.88M beats by $2.68M

Great Southern Bancorp press release (NASDAQ:GSBC): Q3 GAAP EPS of $1.46 misses by $0.10. Revenue of $60.88M (+11.3% Y/Y) beats by $2.68M. The company recorded a total provision expense of $3.3M in the 2022 period versus a total credit (negative expense) of $2.4M in the 2021 period. This was the most significant contributor to lower pre-tax income and net income in the 2022 period compared to the 2021 period.  Total outstanding loans, excluding mortgage loans held for sale, increased $489.6M, or 12.2%, from $4.01B at December 31, 2021 to $4.50B at September 30, 2022. As of September 30, 2022, the company’s Tier 1 Leverage Ratio was 10.6%, Common Equity Tier 1 Capital Ratio was 10.4%, Tier 1 Capital Ratio was 10.8%, and Total Capital Ratio was 13.4%.
Seeking Alpha Sep 21

Great Southern Bancorp declares $0.40 dividend

Great Southern Bancorp (NASDAQ:GSBC) declared $0.40/share quarterly dividend, in line with previous. Forward yield 2.6% Payable Oct. 18; for shareholders of record Oct. 3; ex-div Sept. 30. See GSBC Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha Sep 12

Great Southern Bancorp: Continued Loan Growth To Lift Earnings

Summary Certain economic factors will drive growth in commercial real estate loans. The average earning-asset yield is quite sensitive to rate changes because of the large balance of loans tied to the LIBOR or prime rates. The December 2022 target price suggests a small upside from the current market price. Further, GSBC is offering a good dividend yield. Earnings of Great Southern Bancorp, Inc. (GSBC) will likely continue to grow this year, mostly on the back of mid-single-digit loan growth. Further, the large balance of loans indexed to LIBOR and prime rates will lead to higher interest income amid a rising rate environment. Meanwhile, provisioning for expected loan losses will remain subdued because of the portfolio's exceptional credit quality. Overall, I'm expecting Great Southern Bancorp to report earnings of $5.89 per share for 2022, up 8% year-over-year. For 2023, I'm expecting earnings to grow by a further 9% to $6.40 per share. The year-end target price suggests a small upside from the current market price. Based on the moderately-high total expected return, I'm adopting a buy rating on Great Southern Bancorp. CRE Loan Growth to Make Up for the Anticipated Slowdown in Residential Loans Great Southern Bancorp’s loan portfolio grew by a remarkable 9% during the first half of 2022, or 18% annualized. This growth was broad-based across the chief loan segments, as mentioned in the earnings release. Going forward, I'm expecting loan growth to slow down because of several factors, especially high interest rates. Great Southern Bancorp focuses on commercial and residential real estate. The bank mainly caters to customers in Missouri, Iowa, Kansas, Minnesota, Nebraska, and Arkansas. However, it operates in several other states as well. As a result, it is best to take national averages when attempting to determine future demand for the company’s loan products. Residential real estate loan growth will most probably decelerate in the second half of the year because of high interest rates. Further, real estate prices are still very high from a historical perspective despite the recent downturn. US House Price Index data by YCharts Additionally, the Mortgage Bankers Association expects mortgage purchase volume to decline this year and then grow by only a moderate 4% next year. Mortgage Bankers Association On the other hand, I'm expecting commercial real estate loan growth to remain strong. This is because the purchasing managers' index indicates that commercial activity is in an expansionary state, despite the overall GDP decline. US ISM Services PMI data by YCharts Considering these factors, I'm expecting the loan portfolio to grow by 4% annualized every quarter till the end of 2023. Historically, as well the loan portfolio has grown in the mid-single-digit range. The growth of other balance sheet items will mostly match loan growth. However, equity book value will face pressure from rising interest rates and the resultant hit to the market value of the available-for-sale securities portfolio. The unrealized mark-to-market losses will continue to flow directly into the equity account, bypassing the income statement. The equity book value has already dropped to $44.53 per share at the end of June 2022 from $46.09 at the end of June 2021 and $45.65 at the end of March 2022. The following table shows my balance sheet estimates. FY18 FY19 FY20 FY21 FY22E FY23E Financial Position Net Loans 3,989 4,154 4,297 4,008 4,449 4,630 Growth of Net Loans 7.0% 4.1% 3.4% (6.7)% 11.0% 4.1% Other Earning Assets 338 504 904 1,137 851 885 Deposits 3,725 3,960 4,517 4,552 4,607 4,794 Borrowings and Sub-Debt 398 412 340 239 426 443 Common equity 532 603 630 617 579 639 Book Value Per Share ($) 37.3 42.1 44.6 45.1 45.6 50.4 Tangible BVPS ($) 36.7 41.5 44.2 44.7 44.8 49.5 Source: SEC Filings, Author's Estimates (In USD million unless otherwise specified) Margin’s Moderate Rate-Sensitivity Attributable to the Loan Mix Around 28% of the loan portfolio is tied to 1-month or 3-month LIBOR and another 16% of the portfolio is linked to the prime rate, according to details given in the 10-Q filing. Therefore, around 44% of the loan portfolio is likely to re-price within only a few months of a rate hike. Unfortunately, Great Southern Bancorp's average deposit cost will also respond quickly and strongly to interest rate hikes because of the large balance of interest-bearing, non-maturing deposits. These deposits, namely interest-bearing demand and savings accounts, made up an overbearing 52% of total deposits at the end of June 2022. The management mentioned in the latest conference call that customers are going to start expecting increases in their rates. Considering these factors, I'm expecting the margin to grow by 10 basis points in the second half of 2022 before stabilizing in 2023. Earnings to Grow by 8% The anticipated loan growth and margin expansion will likely drive earnings this year. Meanwhile, provisioning for expected loan losses will likely remain subdued as most of Great Southern Bancorp’s loans are secured. Non-performing loans made up just 0.10% of total loans, while allowances made up 1.38% of total loans at the end of June 2022. On the other hand, non-interest expenses will likely surge this year amid a high-inflation environment, which will restrict earnings growth. Further, as mentioned in the conference call, the management expects system conversion costs to almost double due to implementation and training. The management expects these system-related costs to remain elevated until the third quarter of 2023. Overall, I'm expecting Great Southern Bancorp to report earnings of $5.89 per share for 2022, up 8% year-over-year. For 2023, I'm expecting earnings to grow by a further 9% to $6.40 per share. The following table shows my income statement estimates. FY18 FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 168 180 177 178 195 211 Provision for loan losses 7 6 16 (6) 6 9 Non-interest income 36 31 35 38 37 38 Non-interest expense 115 115 123 128 131 138 Net income - Common Sh. 67 74 59 75 75 81 EPS - Diluted ($) 4.71 5.14 4.21 5.46 5.89 6.40 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million unless otherwise specified)
Seeking Alpha Jul 21

Great Southern Bancorp GAAP EPS of $1.44, revenue of $58.15M

Great Southern Bancorp press release (NASDAQ:GSBC): Q2 GAAP EPS of $1.44. Revenue of $58.15M (+7.1% Y/Y). For the three months ended June 30, 2022 and 2021, the company's effective tax rate was 20.5% and 20.8%, respectively.  The company currently expects its effective tax rate will be approximately 20.5% to 21.5% in future periods. The Bank’s allowance for credit losses as a percentage of total loans was 1.38%, 1.49% and 1.46% at June 30, 2022, December 31, 2021 and March 31, 2022, respectively.

CEO 보수 분석

Joe Turner의 보수는 Great Southern Bancorp의 수익에 비해 어떻게 변했나요?
날짜총 보수급여회사 수익
Mar 31 2026n/an/a

US$71m

Dec 31 2025US$2mUS$518k

US$71m

Sep 30 2025n/an/a

US$70m

Jun 30 2025n/an/a

US$68m

Mar 31 2025n/an/a

US$66m

Dec 31 2024US$2mUS$448k

US$62m

Sep 30 2024n/an/a

US$60m

Jun 30 2024n/an/a

US$59m

Mar 31 2024n/an/a

US$61m

Dec 31 2023US$2mUS$433k

US$68m

Sep 30 2023n/an/a

US$77m

Jun 30 2023n/an/a

US$80m

Mar 31 2023n/an/a

US$79m

Dec 31 2022US$2mUS$414k

US$76m

Sep 30 2022n/an/a

US$69m

Jun 30 2022n/an/a

US$71m

Mar 31 2022n/an/a

US$73m

Dec 31 2021US$2mUS$387k

US$75m

Sep 30 2021n/an/a

US$77m

Jun 30 2021n/an/a

US$70m

Mar 31 2021n/an/a

US$63m

Dec 31 2020US$2mUS$380k

US$59m

Sep 30 2020n/an/a

US$59m

Jun 30 2020n/an/a

US$66m

Mar 31 2020n/an/a

US$71m

Dec 31 2019US$2mUS$380k

US$74m

보상 대 시장: Joe의 총 보수(USD1.87M)는 US 시장에서 비슷한 규모 기업의 평균(USD3.71M)보다 낮습니다.

보상과 수익: Joe의 보상은 지난 1년 동안 회사 실적과 일치했습니다.


CEO

Joe Turner (60 yo)

26.3yrs
재임 기간
US$1,872,277
보수

Mr. Joseph William Turner, also known as Joe, J.D., is the Co-Owner of Turner Family Limited Partnership. Mr. Turner has been the Chief Executive Officer of Great Southern BanCorp Inc. since 2000 and serve...


이사회 구성원

이름직위재임 기간보수지분
Joseph Turner
President29.3yrsUS$1.87m1.55%
$ 12.0m
William Turner
Chairman of the Board37.3yrsUS$686.38k1.91%
$ 14.8m
Debra Hart
Independent Director9.2yrsUS$82.63k0.018%
$ 143.2k
Thomas Carlson
Independent Director25.3yrsUS$82.63k0.16%
$ 1.2m
Julie Brown
Director24.3yrsUS$81.03k0.37%
$ 2.9m
Earl Steinert
Independent Director22.3yrsUS$82.63k8.63%
$ 66.9m
Kevin Ausburn
Independent Director9.2yrsUS$82.83k0.076%
$ 590.6k
Steven Edwards
Independent Director3.7yrsUS$82.63k0.038%
$ 292.3k
Douglas Pitt
Independent Director11.3yrsUS$82.63k0.11%
$ 824.9k
Amelia Counts
Independent Director2.3yrsUS$82.63k0.000090%
$ 697.6
16.8yrs
평균 재임 기간
62yo
평균 나이

경험이 풍부한 이사회: GSBC의 이사회는 노련하고 경험이 풍부합니다(평균 재임 16.8 년).


기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/22 12:46
종가2026/05/22 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

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패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
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분석가 컨센서스 추정치+3년
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시장 가격30년
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지분 구조10년
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경영진10년
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주요 개발10년
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분석가 소스

Great Southern Bancorp, Inc.는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

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