NasdaqGS:GSBC

Stock Analysis Report

Great Southern Bancorp

Executive Summary

Great Southern Bancorp, Inc. operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States.

Snowflake

Fundamentals

Flawless balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

How has Great Southern Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.9%

NasdaqGS:GSBC

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-5.6%

NasdaqGS:GSBC

-14.2%

US Banks

-0.4%

US Market

GSBC outperformed the Banks industry which returned -14.2% over the past year.

GSBC underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

GSBCIndustryMarket
7 Day-1.9%-2.6%-1.0%
30 Day-4.3%-6.3%-3.3%
90 Day-0.1%-3.5%0.8%
1 Year-1.8%-5.6%-11.8%-14.2%1.9%-0.4%
3 Year50.9%39.9%42.2%32.4%39.4%30.4%
5 Year98.8%76.2%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is Great Southern Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Great Southern Bancorp undervalued based on future cash flows and its price relative to the stock market?

18%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Great Southern Bancorp's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Great Southern Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Great Southern Bancorp is good value based on earnings compared to the US Banks industry average.

Great Southern Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Great Southern Bancorp earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Great Southern Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Great Southern Bancorp expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

-5.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Great Southern Bancorp's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).

Great Southern Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Great Southern Bancorp's revenue growth is positive but not above the United States of America market average.

Great Southern Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Great Southern Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Great Southern Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Great Southern Bancorp performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Great Southern Bancorp's year on year earnings growth rate has been positive over the past 5 years.

Great Southern Bancorp's 1-year earnings growth exceeds its 5-year average (48.1% vs 11.3%)

Great Southern Bancorp's earnings growth has exceeded the US Banks industry average in the past year (48.1% vs 33.2%).


Return on Equity

Great Southern Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Great Southern Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Great Southern Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Great Southern Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Great Southern Bancorp has an acceptable proportion of non-loan assets held.

Great Southern Bancorp has a sufficient allowance for bad loans.

Great Southern Bancorp's liabilities are made up of primarily low risk sources of funding.

Great Southern Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Great Southern Bancorp are broadly funded by customer deposits.

Great Southern Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Great Southern Bancorp's current dividend yield, its reliability and sustainability?

3.02%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Great Southern Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Great Southern Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Great Southern Bancorp's salary, the management and board of directors tenure and is there insider trading?

17.6yrs

Average board tenure


CEO

Joe Turner (54yo)

19.6yrs

Tenure

US$1,242,553

Compensation

Mr. Joseph William Turner, J.D., also known as Joe, 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 ...


CEO Compensation Analysis

Joe's remuneration is lower than average for companies of similar size in United States of America.

Joe's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

17.6yrs

Average Tenure

63yo

Average Age

The average tenure for the Great Southern Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$216,78906 May 19
Linton Thomason
EntityIndividual
Role
Vice President of Information Services of Great Southern Bank
Shares3,680
Max PriceUS$58.91
SellUS$34,99831 Jan 19
William Barclay
EntityIndividual
Shares663
Max PriceUS$52.85

Ownership Breakdown


Management Team

  • Joe Turner (54yo)

    President

    • Tenure: 19.6yrs
    • Compensation: $1.24m
  • Rex Copeland (54yo)

    Treasurer

    • Compensation: $447.84k
  • Doug Marrs (61yo)

    Secretary

    • Compensation: $252.21k
  • Lin Thomason (63yo)

    Vice President of Information Services of Great Southern Bank

    • Compensation: $178.93k
  • Kelly Polonus

    Director of Communications & Marketing for Great Southern Bank


Board Members

  • Larry Frazier (82yo)

    Director

    • Tenure: 27.3yrs
    • Compensation: $69.86k
  • Kevin Ausburn (63yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: $118.56k
  • Thomas Carlson (66yo)

    Director

    • Tenure: 18.6yrs
    • Compensation: $69.56k
  • Doug Pitt (52yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: $69.56k
  • Earl Steinert (82yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: $69.56k
  • Bill Turner (86yo)

    Chairman of the Board

    • Tenure: 30.6yrs
    • Compensation: $640.27k
  • Joe Turner (54yo)

    President

    • Tenure: 22.6yrs
    • Compensation: $1.24m
  • Debra Mallonee Hart (55yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: $114.86k
  • Julie Brown (57yo)

    Director

    • Tenure: 17.6yrs
    • Compensation: $67.76k

Company Information

Great Southern Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Great Southern Bancorp, Inc.
  • Ticker: GSBC
  • Exchange: NasdaqGS
  • Founded: 1923
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$800.026m
  • Shares outstanding: 14.21m
  • Website: Click here

Number of Employees


Location

  • Great Southern Bancorp, Inc.
  • 1451 East Battlefield
  • Springfield
  • Missouri
  • 65804
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSBCNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1989

Biography

Great Southern Bancorp, Inc. operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States. Its deposit products include regular savings accounts ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:37
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.