Southern Missouri Bancorp Declares $0.25 Quarterly Dividend, 128th Consecutive
Southern Missouri Bancorp, Inc. (NASDAQ: SMBC), a community bank holding company, declared a $0.25 per share quarterly cash dividend. The payment marks the 128th consecutive quarterly dividend since the company's inception.
Southern Missouri Bancorp, Inc. (NASDAQ: SMBC), the parent corporation of Southern Bank, declared a quarterly cash dividend of $0.25 per common share on April 21, 2026. The dividend will be paid on May 29, 2026, to stockholders of record as of May 15, 2026. Read more dividend announcements.
The payment represents the company's 128th consecutive quarterly dividend since inception. The Board of Directors highlighted that the quarterly cash dividend underscores the company's commitment to enhancing stockholder value and demonstrates confidence in future prospects.
| Dividend Details | Date |
|---|---|
| Amount | $0.25 per share |
| Record Date | May 15, 2026 |
| Payment Date | May 29, 2026 |
| Type | Quarterly Cash |
Third Quarter Financial Performance
The dividend declaration accompanied the company's preliminary third quarter fiscal 2026 results. Southern Missouri Bancorp reported preliminary net income of $17.8 million for the quarter ended March 31, 2026, up $2.1 million or 13.3% from the same period last year.
Earnings per diluted common share reached $1.60, an increase of $0.21 or 15.1% compared to $1.39 in the prior year quarter. The company posted an annualized return on average assets of 1.41% and return on average common equity of 12.6%.
Net interest margin for the quarter was 3.67%. Gross loan balances as of March 31, 2026, increased by $298.9 million or 7.4% year-over-year to reach $4.3 billion. Deposit balances grew by $79.5 million or 1.9% to $4.3 billion compared to the same period last year.
The company repurchased 156,000 shares of common stock during the quarter at an average price of $61.97 per share, totaling $9.7 million. The average purchase price represented 135% of tangible book value as of March 31, 2026. Tangible book value per share reached $45.80, up $5.43 or 13.5% year-over-year.
Total assets stood at $5.1 billion at March 31, 2026, reflecting an increase of $121.9 million or 2.4% from June 30, 2025.