Great Southern Bancorp posts transcript of Q2 2026 earnings call

Great Southern Bancorp, Inc.

Great Southern Bancorp, Inc.

GSBC

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  • Great Southern Bancorp posted its Q2 2026 earnings call with CEO Joseph Turner, CFO Rex Copeland, IR advisor Christina Maldonado; analysts from KBW, Brean attended.
  • Q2 net income fell to $15.8 million, or $1.43 a share; results absorbed $2.1 million of one-time branch consolidation and severance charges.
  • Management set plans to consolidate nine banking centers, eliminate 66 positions; targets $4.4 million-$4.8 million annual noninterest expense savings starting Q4 2026.
  • Management expects $2.3 million-$2.7 million annual pre-tax income lift from the actions starting Q4; warns deposit attrition may raise replacement funding costs.
  • Net loans fell $148.9 million from March 31 on elevated payoffs; CFO leaned toward a stable net interest margin, citing intense pricing competition.


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