Great Southern Bancorp
Market Cap
US$699.0m
Last Updated
2021/01/26 00:40 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 3.5% per year for the next 3 years
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GSBC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.9%
GSBC
-2.3%
US Banks
2.3%
US Market
1 Year Return
-13.9%
GSBC
-6.6%
US Banks
23.8%
US Market
Return vs Industry: GSBC underperformed the US Banks industry which returned -6.6% over the past year.
Return vs Market: GSBC underperformed the US Market which returned 23.8% over the past year.
Shareholder returns
| GSBC | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | -2.3% | 2.3% |
| 30 Day | 1.0% | 7.4% | 4.8% |
| 90 Day | 23.9% | 32.7% | 16.7% |
| 1 Year | -10.9%-13.9% | -3.2%-6.6% | 26.6%23.8% |
| 3 Year | 10.2%-1.4% | -2.3%-10.7% | 45.0%35.4% |
| 5 Year | 51.2%30.1% | 77.3%54.9% | 126.2%101.0% |
Long-Term 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
5 days ago | Simply Wall St
Shareholders Of Great Southern Bancorp (NASDAQ:GSBC) Must Be Happy With Their 55% Return1 month ago | Simply Wall St
What We Learned About Great Southern Bancorp's (NASDAQ:GSBC) CEO Pay2 months ago | Simply Wall St
Here's What Great Southern Bancorp, Inc.'s (NASDAQ:GSBC) Shareholder Ownership Structure Looks LikeValuation
Is Great Southern Bancorp undervalued compared to its fair value and its price relative to the market?
47.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GSBC ($51.16) is trading below our estimate of fair value ($96.42)
Significantly Below Fair Value: GSBC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GSBC's PE Ratio (12.2x) is in line with the US Banks industry average.
PE vs Market: GSBC is good value based on its PE Ratio (12.2x) compared to the US market (21.3x).
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 is overvalued based on its PB Ratio (1.1x) compared to the US Banks industry average (1x).
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?
-3.5%
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 (-3.5% per year).
Earnings vs Market: GSBC's earnings are forecast to decline over the next 3 years (-3.5% per year).
High Growth Earnings: GSBC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GSBC's revenue (0.2% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: GSBC's revenue (0.2% 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 (8.3%).
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 (30.4%) 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%).
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 (1414%).
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?
4.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GSBC's dividend (4.61%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: GSBC's dividend (4.61%) is in the top 25% of dividend payers in the US market (3.86%)
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 (46.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
19.0yrs
Average board tenure
CEO
Joe Turner (55 yo)
21yrs
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 below average for companies of similar size in the US market ($USD2.40M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 21yrs | US$1.58m | 1.2% $ 8.4m | |
| Chairman of the Board | 32yrs | US$676.65k | 1.82% $ 12.7m | |
| Independent Director | 3.83yrs | US$77.88k | 0.013% $ 87.9k | |
| Independent Director | 28.67yrs | US$78.13k | 0.66% $ 4.6m | |
| Independent Director | 20yrs | US$73.08k | 0.11% $ 785.5k | |
| Director | 19yrs | US$76.38k | 0.29% $ 2.0m | |
| Independent Director | 17yrs | US$77.88k | 6.79% $ 47.4m | |
| Independent Director | 3.83yrs | US$73.38k | 0.0022% $ 15.2k | |
| Independent Director | 6yrs | US$77.88k | 0.065% $ 452.4k |
19.0yrs
Average Tenure
64yo
Average Age
Experienced Board: GSBC's board of directors are seasoned and experienced ( 19 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$698.997m
- Shares outstanding: 13.84m
- Website: https://www.greatsouthernbank.com
Number of Employees
Location
- Great Southern Bancorp, Inc.
- 1451 East Battlefield
- Springfield
- Missouri
- 65804
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GSBC | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1989 |
| GS6 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 00:40 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.