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Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) held its 2025 Annual Meeting of shareholders on Monday in Poplar Bluff, Missouri. According to a press release statement based on a recent SEC filing, shareholders representing 8,993,251 shares, or 79.65% of the company’s outstanding common shares as of the August 29, 2025 record date, participated in person or by proxy.
At the meeting, shareholders voted on the election of directors and two additional proposals. Charles R. Love was elected to a two-year term as director, set to expire in 2027. Daniel P. McCoy, Kenneth J. Bower, and Daniel L. Jones were each elected to three-year terms, expiring in 2028.
The final voting results for the director nominees were as follows:
- Charles R. Love: 6,314,165 votes for, 1,500,881 against, 269,431 abstentions, and 908,774 broker non-votes.
- Daniel P. McCoy: 7,804,746 votes for, 5,890 against, 273,841 abstentions, and 908,774 broker non-votes.
- Kenneth J. Bower: 7,720,493 votes for, 90,143 against, 273,841 abstentions, and 908,774 broker non-votes.
- Daniel L. Jones: 6,822,556 votes for, 987,846 against, 274,075 abstentions, and 908,774 broker non-votes.
Shareholders also approved an advisory (non-binding) vote on executive compensation, known as the “Say on Pay” proposal, with 7,379,508 votes in favor, 392,516 against, 312,453 abstentions, and 908,774 broker non-votes.
Additionally, the appointment of FORVIS MAZARS, LLP as the company’s independent auditors for the fiscal year ending June 30, 2026 was ratified. The vote count for this proposal was 8,635,106 in favor, 94,596 against, and 263,549 abstentions.
Southern Missouri Bancorp, Inc. is registered on the NASDAQ Stock Market under the ticker SMBC. All information is based on a press release statement and details disclosed in the company’s SEC filing.
In other recent news, Southern Missouri Bancorp Inc. announced its first-quarter earnings for 2025, surpassing analysts’ expectations. The company reported an earnings per share (EPS) of $1.38, exceeding the forecasted $1.31. Additionally, Southern Missouri reported revenue of $48.99 million, which was higher than the estimated $48.5 million. These results reflect a strong performance for the quarter. The earnings announcement was well-received by investors. No information was provided regarding any mergers or acquisitions. Analysts from various firms have not recently issued upgrades or downgrades for Southern Missouri. Further developments about the company remain to be seen.
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