Great Southern net income rises 1.8% to USD 17.5 million in Q1 FY26
Great Southern Bancorp, Inc.
Great Southern Bancorp, Inc. GSBC | 0.00 |
- Great Southern Bancorp posted net income of $17.5 million for three months ended March 31, 2026, up 1.8% from year earlier.
- Net interest income fell 2% to $48.3 million, while net interest margin widened 14 basis points to 3.71%.
- Total interest income dropped 11.3% to $71.2 million, offset by a 26.1% decline in interest expense to $22.8 million.
- Non-interest income rose 6.7% to $7 million, driven by commissions that more than doubled on higher annuity sales.
- Total assets increased 1.6% to $5.69 billion, as net loans climbed $99.8 million to $4.46 billion despite a $37.6 million decline in deposits to $4.45 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Great Southern Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-057039), on May 07, 2026, and is solely responsible for the information contained therein.
