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Southern Missouri Bancorp Reports Preliminary Results For Third Quarter Of Fiscal 2020; Declares Quarterly Dividend Of $0.15 Per Common Share; Conference Call Scheduled For Thursday, April...

Southern Missouri Bancorp, Inc. (SMBC) 
Last southern missouri bancorp, inc. earnings: 4/29 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.bankwithsouthern.com
Company Research Source: GlobeNewswire
Poplar Bluff, Missouri, April 29, 2020 (GLOBE NEWSWIRE) -- Poplar Bluff, Missouri - Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income available to common stockholders for the third quarter of fiscal 2020 of $5.1 million, a decrease of $2.0 million, or 28.1%, as compared to the same period of the prior fiscal year. The decrease was attributable to increases in the provision for loan losses and noninterest expense, and decreased noninterest income, partially offset by an increase in net interest income and a decrease in the provision for income taxes. Preliminary net income was $.55 per fully diluted common share for the third quarter of fiscal 2020, a decrease of $.21 as compared to the $.76 per fully diluted common share reported for the same period of the prior fiscal year. Highlights for the third quarter of fiscal 2020: Annualized return on average assets was 0.88%, while annual Show less Read more
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