Great Southern Bancorp, Inc. (NASDAQ:GSBC) announced its preliminary third‑quarter 2025 earnings on October 16, 2025. The bank reported earnings per diluted share of $1.56, or $17.8 million in net income, up from $1.41 per share ($16.5 million) in the same quarter a year earlier. The company also disclosed a 3.72% annualized net interest margin, compared with 3.42% in Q3 2024.
Total interest income for the quarter reached $79.1 million, with net interest income increasing to $50.8 million—an 8.3% rise from $48.0 million in Q3 2024—despite lower market rates. Net interest income growth was driven by disciplined asset‑liability management and falling funding costs, while the company noted the termination of a previously beneficial interest‑rate swap will eliminate that income stream in future periods.
On the balance‑sheet side, GSBC reported total assets of approximately $5.74 billion as of September 30, 2025, a modest decline from year‑end 2024 levels due to net loan pay‑offs. Net loans fell by $222.7 million, largely from multi‑family and construction loan repayments, yet credit quality remained strong with non‑performing assets at 0.14% and no provision expense recorded. The bank also repurchased roughly 165,000 shares during the quarter and declared a quarterly dividend of $0.43 per share, underscoring its commitment to shareholder returns.
CEO Joseph W. Turner highlighted the stability of core operations, disciplined expense management, and the bank’s continued focus on maintaining robust capital and liquidity positions. He emphasized that the company will continue to manage deposit and funding costs carefully while supporting customers and generating value for shareholders moving forward.
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