NasdaqGM:SMBC

Stock Analysis Report

Southern Missouri Bancorp

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.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.

Risks

  • Southern Missouri Bancorp is covered by less than 3 analysts.

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


Market Performance


7 Day Return

1.9%

NasdaqGM:SMBC

0.1%

US Mortgage

-0.7%

US Market


1 Year Return

-14.7%

NasdaqGM:SMBC

-0.9%

US Mortgage

-0.5%

US Market

SMBC underperformed the Mortgage industry which returned -0.7% over the past year.

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


Share holder returns

SMBCIndustryMarket
7 Day1.9%0.1%-0.7%
30 Day4.5%-1.9%-3.0%
90 Day1.1%-1.2%0.9%
1 Year-13.3%-14.7%1.2%-0.9%1.7%-0.5%
3 Year42.8%37.0%33.3%24.4%39.5%30.4%
5 Year107.1%92.1%57.4%41.0%54.1%37.0%

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

Valuation

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

11.36x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Southern Missouri Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Southern Missouri Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Southern Missouri Bancorp is good value based on earnings compared to the US Mortgage industry average.

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


Price Based on Expected Growth

Southern Missouri Bancorp is poor value based on expected growth next year.


Price Based on Value of Assets

Southern Missouri Bancorp is overvalued based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

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

6.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Southern Missouri Bancorp's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).

Southern Missouri Bancorp's earnings are expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).

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

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

Southern Missouri Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Southern Missouri Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

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

17.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Southern Missouri Bancorp's 1-year earnings growth exceeds its 5-year average (42% vs 17.9%)

Southern Missouri Bancorp's earnings growth has exceeded the US Mortgage industry average in the past year (42% vs 32.9%).


Return on Equity

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


Return on Assets

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


Return on Capital Employed

Unable to establish if Southern Missouri 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 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

Information is not available.

Information is not available.


Financial Institutions Analysis

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

Southern Missouri Bancorp has a low allowance for bad loans.

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

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

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

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


Next Steps

Dividend

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

1.90%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

Southern Missouri 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 (5.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.2x coverage).


Next Steps

Management

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

13.6yrs

Average management tenure


CEO

Greg Steffens (52yo)

20.6yrs

Tenure

US$530,162

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

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

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


Management Age and Tenure

13.6yrs

Average Tenure

52yo

Average Age

The average tenure for the Southern Missouri Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.8yrs

Average Tenure

68.5yo

Average Age

The tenure for the Southern Missouri Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Greg Steffens (52yo)

    President

    • Tenure: 20.6yrs
    • Compensation: US$530.16k
  • Ronnie Black (71yo)

    Secretary & Director

    • Tenure: 22.6yrs
    • Compensation: US$71.55k
  • Kim Capps (52yo)

    Executive VP & COO

    • Tenure: 13.6yrs
    • Compensation: US$254.55k
  • Mark Hecker (53yo)

    Executive VP & Chief Credit Officer

    • Tenure: 2.6yrs
    • Compensation: US$291.44k
  • Lora Daves

    Executive VP & Chief Risk Officer

    • Tenure: 0.0yrs
    • Compensation: US$187.24k
  • Matt Funke (43yo)

    Executive VP & CFO

    • Tenure: 13.6yrs
    • Compensation: US$302.45k
  • Bill Aslin

    Market Area President

    • Tenure: 0.0yrs
    • Compensation: US$126.25k
  • Lorna Brannum

    Investor Relations Contact

    • Tenure: 0.0yrs
  • Justin Cox

    Executive VP & Regional President of West Region

    • Tenure: 0.0yrs
    • Compensation: US$293.45k
  • Chris Roberts

    Executive VP & Regional President of South Region

    • Tenure: 2.0yrs

Board Members

  • Greg Steffens (52yo)

    President

    • Tenure: 20.6yrs
    • Compensation: US$530.16k
  • Ronnie Black (71yo)

    Secretary & Director

    • Tenure: 22.6yrs
    • Compensation: US$71.55k
  • L. Bagby (69yo)

    • Tenure: 0.0yrs
    • Compensation: US$67.18k
  • Sam Schalk (70yo)

    Chairman of the Board

    • Tenure: 0.1yrs
    • Compensation: US$83.70k
  • Dave Tooley (70yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: US$99.45k
  • Charles Love (68yo)

    Vice Chairman of the Board

    • Tenure: 0.1yrs
    • Compensation: US$77.28k
  • Becky Brooks (63yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: US$76.98k
  • Todd Hensley (52yo)

    Director

    • Tenure: 5.0yrs
    • Compensation: US$76.67k
  • Dennis Robison (65yo)

    Director

    • Tenure: 10.8yrs
    • Compensation: US$76.84k
  • John Abercrombie (74yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$76.82k

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$312.585m
  • Shares outstanding: 9.29m
  • Website: https://www.bankwithsouthern.com

Number of Employees


Location

  • Southern Missouri Bancorp, Inc.
  • 2991 Oak Grove Road
  • Poplar Bluff
  • Missouri
  • 63901
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SMBCNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 23:48
End of Day Share Price2019/08/16 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


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.