SMBC · Southern Missouri Bancorp, Inc.

Southern Missouri Bancorp's preliminary third quarter fiscal 2026 results showed net income of $17.8 million, up $2.1 million or 13.3% from the prior year, driven by higher net interest income (+9.3% YoY to support margin expansion to 3.67%) and noninterest income growth, though offset by elevated provision for credit losses ($2.1 million, +$1.1 million YoY), noninterest expenses, and taxes. Diluted EPS rose 15.1% YoY to $1.60, with ROA at 1.41% and ROE at 12.6%, reflecting solid profitability amid balance sheet expansion. Loan growth was robust at 7.4% YoY to $4.32 billion gross, led by 1-4 family residential, non-owner occupied CRE, multi-family, C&I, and ag real estate, while deposits grew 1.9% YoY to $4.34 billion, with nonmaturity accounts offsetting CD runoff. Credit quality ticked up with NPLs at 0.70% of loans (from 0.56% at FYE) and NPAs at 0.62% of assets, tied to three key relationships in CRE and ag production; ACL rose to $55.9 million (1.29% of loans), bolstered by pooled reserves especially for ag loans amid sector pressures. Capital return remained strong with the 128th consecutive $0.25 dividend and $9.7 million share repurchases (156K shares at 135% of tangible book value). Balance sheet totaled $5.1 billion (+2.4% from FYE), with equity up 5.3% to $573.5 million. Conference call scheduled for April 23 provides further insight; no forward guidance disclosed.