NasdaqGS:GSBC

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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. More Details


Snowflake Analysis

Flawless balance sheet 6 star dividend payer.


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

Stable Share Price: GSBC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.9%

GSBC

3.9%

US Banks

-0.4%

US Market


1 Year Return

-30.7%

GSBC

-26.3%

US Banks

18.3%

US Market

Return vs Industry: GSBC underperformed the US Banks industry which returned -26.3% over the past year.

Return vs Market: GSBC underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

GSBCIndustryMarket
7 Day6.9%3.9%-0.4%
30 Day18.2%12.0%6.6%
90 Day9.7%5.4%8.6%
1 Year-27.2%-30.7%-23.6%-26.3%21.0%18.3%
3 Year-15.9%-24.6%-16.3%-23.3%42.1%32.7%
5 Year0.2%-13.6%21.9%6.8%85.6%64.7%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GSBC ($41.74) is trading below our estimate of fair value ($87.74)

Significantly Below Fair Value: GSBC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GSBC is good value based on its PE Ratio (9.9x) compared to the US Banks industry average (10.2x).

PE vs Market: GSBC is good value based on its PE Ratio (9.9x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: GSBC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: GSBC's PB Ratio (0.9x) is in line with the US Banks industry average.


Next Steps

Future Growth

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

-4.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GSBC's earnings are forecast to decline over the next 3 years (-4% per year).

Earnings vs Market: GSBC's earnings are forecast to decline over the next 3 years (-4% per year).

High Growth Earnings: GSBC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GSBC's revenue (0.02% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: GSBC's revenue (0.02% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GSBC's Return on Equity is forecast to be low in 3 years time (8%).


Next Steps

Past Performance

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

11.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GSBC has high quality earnings.

Growing Profit Margin: GSBC's current net profit margins (30.5%) are lower than last year (36%).


Past Earnings Growth Analysis

Earnings Trend: GSBC's earnings have grown by 11% per year over the past 5 years.

Accelerating Growth: GSBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GSBC had negative earnings growth (-18.6%) over the past year, making it difficult to compare to the Banks industry average (-3.2%).


Return on Equity

High ROE: GSBC's Return on Equity (9.5%) is considered low.


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

Asset Level: GSBC's Assets to Equity ratio (8.7x) is low.

Allowance for Bad Loans: GSBC has a sufficient allowance for bad loans (1427%).

Low Risk Liabilities: 92% of GSBC's liabilities are made up of primarily low risk sources of funding.

Loan Level: GSBC has an appropriate level of Loans to Assets ratio (81%).

Low Risk Deposits: GSBC's Loans to Deposits ratio (99%) is appropriate.

Level of Bad Loans: GSBC has an appropriate level of bad loans (0.1%).


Next Steps

Dividend

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

5.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GSBC's dividend (5.65%) is higher than the bottom 25% of dividend payers in the US market (1.63%).

High Dividend: GSBC's dividend (5.65%) is in the top 25% of dividend payers in the US market (4.56%)


Stability and Growth of Payments

Stable Dividend: GSBC's dividends per share have been stable in the past 10 years.

Growing Dividend: GSBC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.4%), GSBC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GSBC's dividends in 3 years are forecast to be well covered by earnings (49.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

18.8yrs

Average board tenure


CEO

Joe Turner (55 yo)

20.75yrs

Tenure

US$1,577,521

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

Compensation vs Market: Joe's total compensation ($USD1.58M) is about average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Joseph Turner
President20.75yrsUS$1.58m1.15%
$ 6.8m
William Turner
Chairman of the Board31.75yrsUS$676.65k1.79%
$ 10.5m
Debra Mallonee Hart
Independent Director3.58yrsUS$77.88k0.012%
$ 72.1k
Larry Frazier
Independent Director28.42yrsUS$78.13k0.65%
$ 3.8m
Thomas Carlson
Independent Director19.75yrsUS$73.08k0.11%
$ 643.9k
Julie Brown
Director18.75yrsUS$76.38k0.28%
$ 1.7m
Earl Steinert
Independent Director16.75yrsUS$77.88k6.67%
$ 39.2m
Kevin Ausburn
Independent Director3.58yrsUS$73.38k0.0021%
$ 12.5k
Douglas Pitt
Independent Director5.75yrsUS$77.88k0.063%
$ 372.0k

18.8yrs

Average Tenure

64yo

Average Age

Experienced Board: GSBC's board of directors are seasoned and experienced ( 18.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$587.990m
  • Shares outstanding: 14.09m
  • Website: https://www.greatsouthernbank.com

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
GS6DB (Deutsche Boerse AG)YesCommon StockDEEURDec 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 Analysis2020/10/25 00:00
End of Day Share Price2020/10/23 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.