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Southern Missouri Bancorp, Inc. (NASDAQ:SMBC), a savings institution based in Missouri with a market capitalization of $561 million, has declared its 124th consecutive quarterly dividend, according to a recent 8-K filing with the Securities and Exchange Commission. The company, which has maintained dividend payments for 31 consecutive years and currently offers a 1.87% yield, will pay a dividend of $0.23 per common share on May 30, 2025, to shareholders of record as of the close of business on May 15, 2025.
This announcement came on Monday, reaffirming the company’s history of consistent shareholder returns since its inception. According to InvestingPro, the bank trades at an attractive P/E ratio of 10.7 and maintains a "GOOD" overall financial health score. Alongside the dividend declaration, Southern Missouri Bancorp also announced it would release preliminary operating results for the quarter ending March 31, 2025, on Thursday, April 21, 2025. Following the release, the company plans to host a conference call on Friday, April 22, 2025, at 8:30 a.m. central time to discuss the financial results.
Interested parties can join the live conference call by calling a toll-free number in the United States and using the provided access code. A telephone playback of the call will be available shortly after the conclusion and can be accessed until Wednesday, April 27, 2025, by dialing a toll-free number in the United States and entering the conference passcode.
The dividend reflects Southern Missouri Bancorp’s commitment to delivering value to its investors and comes amidst a period of anticipation for the company’s financial performance updates. The information for this article is based on the latest SEC filing by Southern Missouri Bancorp.
In other recent news, Southern Missouri Bancorp reported its second quarter fiscal year 2025 earnings, with earnings per share of $1.30, surpassing analyst expectations of $1.28. The company’s revenue also exceeded forecasts, coming in at $45.01 million against the anticipated $44.61 million. Keefe, Bruyette & Woods adjusted their outlook on Southern Missouri Bancorp, lowering the stock price target to $68 while maintaining a Market Perform rating. This adjustment follows the company’s strong performance driven by increased net interest income and stable net interest margin. The firm also revised its fiscal year 2025 earnings estimate upward by 4% due to better-than-expected net interest income, but decreased the fiscal year 2026 forecast by 3% considering anticipated credit normalization. Additionally, Southern Missouri Bancorp updated severance agreements for key executives, including the CFO and Chief Credit Officer, extending terms and adjusting severance payments. These updates are part of the company’s strategy to ensure stability in leadership during significant corporate changes. The company also amended the change in control severance agreement for its Chief Risk Officer, further reflecting its commitment to retaining key personnel.
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