Southern Missouri Bancorp
Market Cap
US$300.3m
Last Updated
2021/01/14 23:55 UTC
Data Sources
Company Financials +
Executive Summary
Southern Missouri Bancorp, Inc. operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 6.3% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has Southern Missouri Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMBC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SMBC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
SMBC
1.4%
US Mortgage
0.6%
US Market
1 Year Return
-12.5%
SMBC
7.1%
US Mortgage
21.0%
US Market
Return vs Industry: SMBC underperformed the US Mortgage industry which returned 7.1% over the past year.
Return vs Market: SMBC underperformed the US Market which returned 21% over the past year.
Shareholder returns
| SMBC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 1.4% | 0.6% |
| 30 Day | 4.4% | 1.5% | 4.2% |
| 90 Day | 34.6% | 5.7% | 12.4% |
| 1 Year | -10.5%-12.5% | 10.4%7.1% | 23.7%21.0% |
| 3 Year | -7.6%-12.4% | 21.8%12.2% | 47.4%37.6% |
| 5 Year | 52.0%40.3% | 93.8%66.3% | 131.6%105.9% |
Long-Term Price Volatility Vs. Market
How volatile is Southern Missouri Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Can You Imagine How Southern Missouri Bancorp's (NASDAQ:SMBC) Shareholders Feel About The 30% Share Price Increase?1 month ago | Simply Wall St
How Does Southern Missouri Bancorp's (NASDAQ:SMBC) CEO Salary Compare to Peers?2 months ago | Simply Wall St
Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Vies For A Place In Your Dividend Portfolio: Here's WhyValuation
Is Southern Missouri Bancorp undervalued compared to its fair value and its price relative to the market?
28.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMBC ($32.93) is trading below our estimate of fair value ($46.29)
Significantly Below Fair Value: SMBC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMBC is good value based on its PE Ratio (10.2x) compared to the US Mortgage industry average (13.2x).
PE vs Market: SMBC is good value based on its PE Ratio (10.2x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: SMBC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SMBC is overvalued based on its PB Ratio (1.2x) compared to the US Mortgage industry average (0.9x).
Next Steps
Future Growth
How is Southern Missouri Bancorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMBC's earnings are forecast to decline over the next 3 years (-6.3% per year).
Earnings vs Market: SMBC's earnings are forecast to decline over the next 3 years (-6.3% per year).
High Growth Earnings: SMBC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SMBC's revenue (3.7% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SMBC's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SMBC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Southern Missouri Bancorp performed over the past 5 years?
18.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMBC has high quality earnings.
Growing Profit Margin: SMBC's current net profit margins (32%) are lower than last year (34.9%).
Past Earnings Growth Analysis
Earnings Trend: SMBC's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: SMBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SMBC had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Mortgage industry average (2.7%).
Return on Equity
High ROE: SMBC's Return on Equity (11.4%) is considered low.
Next Steps
Financial Health
How is Southern Missouri 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: SMBC's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: SMBC has a sufficient allowance for bad loans (400%).
Low Risk Liabilities: 95% of SMBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: SMBC has an appropriate level of Loans to Assets ratio (85%).
Low Risk Deposits: SMBC's Loans to Deposits ratio (99%) is appropriate.
Level of Bad Loans: SMBC has an appropriate level of bad loans (0.4%).
Next Steps
Dividend
What is Southern Missouri Bancorp current dividend yield, its reliability and sustainability?
1.82%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SMBC's dividend (1.82%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SMBC's dividend (1.82%) is low compared to the top 25% of dividend payers in the US market (3.84%).
Stability and Growth of Payments
Stable Dividend: SMBC's dividends per share have been stable in the past 10 years.
Growing Dividend: SMBC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.5%), SMBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Greg Steffens (53 yo)
22yrs
Tenure
US$564,746
Compensation
Mr. Greg A. Steffens has been the Chief Executive Officer and President at Southern Missouri Bancorp, Inc. since 1999. Mr. Steffens serves as President and Chief Executive Officer of Southern Bank. He serv...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD564.75K) is below average for companies of similar size in the US market ($USD1.65M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 22yrs | US$564.75k | 3.34% $ 10.0m | |
| Executive VP & CFO | 15yrs | US$323.71k | 0.58% $ 1.7m | |
| Executive VP & Chief Credit Officer | 4yrs | US$338.05k | 0.16% $ 473.3k | |
| Executive VP & Regional President of Southern Bank West Region | no data | US$336.47k | 0.16% $ 468.0k | |
| Executive VP & Chief Lending Officer | 2.67yrs | US$337.38k | 0.018% $ 52.9k | |
| Executive VP & COO | 15yrs | US$254.55k | 1.24% $ 3.7m | |
| Investor Relations Contact | no data | no data | no data | |
| Executive VP & Chief Legal Officer | 1.25yrs | no data | 0.029% $ 85.6k | |
| Executive VP & Chief Risk Officer | no data | US$128.18k | 0.30% $ 887.2k | |
| Executive VP & Regional President of South Region | 3.42yrs | no data | no data | |
| Executive VP & Chief Strategies Officer | 2.17yrs | no data | 0.044% $ 133.1k | |
| Market Area President | no data | US$122.31k | no data |
3.7yrs
Average Tenure
53yo
Average Age
Experienced Management: SMBC's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 22yrs | US$564.75k | 3.34% $ 10.0m | |
| Independent Chairman of the Board | 6.25yrs | US$26.20k | 0.30% $ 889.1k | |
| Independent Vice-Chairman of the Board | no data | US$38.43k | 1.11% $ 3.3m | |
| Independent Director | 9.25yrs | US$41.50k | 0.50% $ 1.5m | |
| Independent Vice Chairman of the Board | 1.5yrs | US$39.25k | 0.29% $ 875.9k | |
| Independent Director | 16.25yrs | US$26.31k | 0.33% $ 987.9k | |
| Independent Director | 6.42yrs | US$25.83k | 5.89% $ 17.7m | |
| Independent Director | 12.25yrs | US$28.23k | 0.20% $ 589.1k |
9.3yrs
Average Tenure
67.5yo
Average Age
Experienced Board: SMBC's board of directors are considered experienced (9.3 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
Southern Missouri Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Southern Missouri Bancorp, Inc.
- Ticker: SMBC
- Exchange: NasdaqGM
- Founded: 1887
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$300.294m
- Shares outstanding: 9.12m
- Website: https://www.bankwithsouthern.com
Number of Employees
Location
- Southern Missouri Bancorp, Inc.
- 2991 Oak Grove Road
- Poplar Bluff
- Missouri
- 63901
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SMBC | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Apr 1994 |
Biography
Southern Missouri Bancorp, Inc. operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. It offers va...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/14 23:55 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/06/30 |
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.