Financial Data and Key Metrics Changes - Earnings for Q4 2025 were $1.39 diluted, unchanged from Q3 but up $0.20 or about 17% year over year [6] - For the full fiscal year 2025, earnings increased to $5.18 from $4.42 in fiscal 2024, driven by stronger interest income and a 7% growth in earning assets [7] - Tangible book value per share increased by $5.19 or just above 14% over the last twelve months to $41.87 [7] - Net interest margin for the quarter was 3.46%, up from 3.39% in the previous quarter [7][23] Business Line Data and Key Metrics Changes - Gross loan balances increased by $76 million or 7.6% annualized during the quarter, and by $250 million or 6.5% compared to the previous year [8] - Noninterest income increased by 9.2% compared to the linked quarter, driven by an additional card network bonus [25] - Noninterest expense was up 2.3% compared to the linked quarter, primarily due to consulting expenses related to a new contract [27] Market Data and Key Metrics Changes - Deposit balances increased by $20 million or about 2% annualized compared to the linked quarter [8] - The agricultural sector is facing rising input costs and expenses, with many farmers drawing more heavily on credit lines [20][18] Company Strategy and Development Direction - The company plans to change its reported quarterly net interest margin calculation to reduce volatility [7] - There is optimism about achieving mid-single-digit loan growth for the upcoming year despite potential prepayment activity [22] - The company is exploring M&A opportunities, with a solid capital base and proven financial performance [31] Management's Comments on Operating Environment and Future Outlook - Management noted that credit quality has deteriorated somewhat but remains relatively strong [9] - There is a cautious outlook regarding the agricultural sector, with many farmers facing difficult margins and potential operational wind-downs [18][20] - The company is focused on driving continued growth and sustaining long-term value creation for shareholders [29] Other Important Information - The company recorded a provision for credit losses of $2.5 million, up from $932,000 in the previous quarter [29] - The allowance for credit losses totaled $51.6 million, representing 1.26% of gross loans [28] Q&A Session Summary Question: Loan growth momentum - Loan growth was steady throughout the quarter, with larger credits indicating plans to pay off in the near term, potentially increasing prepayment activity [35] Question: Margin expectations - The company is neutral to rate movements currently but expects natural net interest margin expansion from loan origination activity [37] Question: Funding growth expectations - The company does not expect growth to be heavily weighted towards CDs this year, given a strong funding position [45] Question: M&A environment - There has been an increase in M&A discussions, with optimism about potential opportunities [48]

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Stefan Chkautovich, CFO July 23, 2025 (573) 778-1800 The Company will host a conference call to review the information provided in this press release on Thursday, July 24, 2025, at 9:30 a.m., central time. The call will be available live to interested parties by calling 1-833-470-1428 in the United States and from all other locations. Participants should use participant access code 617584. Telephone playback will be available beginning one hour following the concl ...

Poplar Bluff, Missouri, July 23, 2025 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the fourth quarter of fiscal 2025 of $15.8 million, an increase of $2.3 million or 16.7%, as compared to the same period of the prior fiscal year. The increase was primarily attributable to higher net interest income and lower provision for income taxes. This was partially offset by higher provision ...

Core Points - The American Camp Association (ACA) has launched a $500,000 grant initiative supported by the Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation to fund nonprofit camps through the Camp-School Partnership Project [1][2] - The initiative aims to enhance camp capacity for high-quality programming in collaboration with schools and community partners, focusing on increasing access for youth in underserved communities [2][3] - For summer 2025, ACA will distribute $280,000 to eight organizations, selected from nearly 120 applications, to support programming for approximately 550 campers from lower socio-economic backgrounds [3][4] Grant Details - The grants will be awarded for one year, covering the summers of 2025 and 2026, with the next application window opening in fall 2025 [1][4] - Priority will be given to camps serving youth in specific states where SMBC employees are located, including New York, New Jersey, Arizona, California, Florida, North Carolina, and Texas [4][5] About ACA - The American Camp Association serves over 15,000 camps in the US, providing quality camp experiences for 26 million campers annually [6] - ACA is the only independent national accrediting body for organized camps, ensuring health, safety, and overall well-being of campers and staff [6] About SMBC Group - SMBC Group is a leading global financial institution with a history of 400 years, offering a wide range of financial services and operating in nearly 40 countries [9][10] - The group has a significant presence in the Americas, providing commercial and investment banking services to a diverse client base [10]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-23406 Southern Missouri Bancorp, Inc. | (Exact name of registrant as specified in its charter) | | | --- | --- | | ...

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Q3 2025 Results Conference Call April 22, 2025 8:30 AM ET Company Participants Stefan Chkautovich - Chief Financial Officer Matthew Funke - President & Chief Administrative Officer Greg Steffens - Chairman & Chief Executive Officer Conference Call Participants Andrew Liesch - Piper Sandler Matt Olney - Stephens Kelly Motta - KBW Operator Hello, everyone, and thank you for joining the Southern Missouri Bancorp Earnings Conference Call. My name is Sammy, and I'll ...

分组1 - Southern Missouri Bancorp (SMBC) reported quarterly earnings of $1.39 per share, exceeding the Zacks Consensus Estimate of $1.31 per share, and up from $0.99 per share a year ago, representing an earnings surprise of 6.11% [1][2] - The company achieved revenues of $46.15 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.50%, compared to $40.09 million in the same quarter last year [2] - Over the last four quarters, Southern Missouri Bancorp has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] 分组2 - The stock has underperformed the market, losing about 14.2% since the beginning of the year, while the S&P 500 declined by 10.2% [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $1.29 on revenues of $45.86 million, and for the current fiscal year, it is $5.06 on revenues of $179.72 million [7] 分组3 - The Financial - Savings and Loan industry, to which Southern Missouri Bancorp belongs, is currently in the top 30% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

Financial Performance - Preliminary net income for Q3 fiscal 2025 was $15.7 million, an increase of $4.4 million or 38.7% year-over-year, resulting in earnings per diluted share of $1.39, up $0.40 or 40.4% from the same quarter last year[1][2]. - Annualized return on average assets (ROA) was 1.27% and return on average common equity (ROE) was 12.1%, compared to 0.99% and 9.5% respectively in the same quarter last year[2]. - Noninterest income for the three-month period ended March 31, 2025, was $6.7 million, an increase of $1.1 million, or 19.4%, year-over-year[20]. - Net income available to common shareholders increased to $15,612,000 in Q1 2025, up from $14,592,000 in Q4 2024, representing an increase of 7%[27]. - Basic earnings per common share for Q1 2025 was $1.39, up from $1.30 in Q4 2024, an increase of 6.9%[27]. Asset and Liability Management - Total assets reached $5.0 billion, reflecting an increase of $372.2 million or 8.1% compared to June 30, 2024[6]. - Total liabilities were $4.4 billion, an increase of $332.1 million or 8.1% compared to June 30, 2024[14]. - Total deposits reached $4.3 billion as of March 31, 2025, an increase of $318.3 million, or 8.1%, compared to June 30, 2024[15]. - Total assets increased to $4,976,496 thousand as of March 31, 2025, up from $4,907,674 thousand at December 31, 2024, representing a growth of 1.4%[26]. - Total liabilities increased to $4,447,706 thousand from $4,395,303 thousand, reflecting a growth of 1.2%[26]. Interest Income and Margin - Net interest margin for the quarter was 3.39%, up from 3.15% year-over-year, with net interest income increasing by $5.0 million or 14.4% compared to the same quarter last year[2]. - Net interest income for the three-month period ended March 31, 2025, was $39.5 million, an increase of $5.0 million, or 14.4%, year-over-year[17]. - The net interest margin expanded by 24 basis points to 3.39% compared to the same period last year, driven by a 16 basis point increase in yield on interest-earning assets[17]. - Total interest income for Q1 2025 was $69,925,000, an increase of 0.72% from $69,424,000 in Q4 2024[27]. - Net interest income rose to $39,479,000 in Q1 2025, compared to $38,143,000 in Q4 2024, reflecting a growth of 3.5%[27]. Credit Quality - Nonperforming loans (NPL) were $22.0 million or 0.55% of gross loans, up from $6.7 million or 0.17% at June 30, 2024[11]. - The allowance for credit losses (ACL) totaled $54.9 million, representing 1.37% of gross loans, compared to 1.36% at June 30, 2024[12]. - The provision for credit losses (PCL) was $932,000 for the three-month period ended March 31, 2025, compared to $900,000 in the same period last year[19]. - Nonperforming loans rose significantly to $21,970 thousand from $8,309 thousand in the previous quarter, reflecting an increase of 164.5%[26]. - Total nonperforming assets increased to $23,801 thousand, up from $10,769 thousand, marking a rise of 120.5%[26]. Shareholder Returns - The Board declared a quarterly cash dividend of $0.23 per common share, marking the 124th consecutive quarterly dividend[4]. - Dividends per common share remained stable at $0.23 for both Q1 2025 and Q4 2024[27]. - Stockholders' equity was $528.8 million at March 31, 2025, up $40.0 million, or 8.2%, from June 30, 2024[16]. - Book value per common share increased to $47.01 from $45.62, representing a growth of 3.1%[26]. Efficiency and Cost Management - Noninterest expense for the three-month period ended March 31, 2025, was $25.4 million, an increase of $342,000, or 1.4%, compared to the same period last year[21]. - The efficiency ratio improved to 55.1% for the three-month period ended March 31, 2025, down from 61.2% in the same period last year[22]. - The efficiency ratio improved to 55.1% in Q1 2025, down from 55.3% in Q4 2024, indicating better cost management[28]. Forward-Looking Statements - Forward-looking statements indicate potential risks including economic conditions, interest rate fluctuations, and integration challenges from recent acquisitions[24].

Core Viewpoint - Southern Missouri Bancorp, Inc. reported a preliminary net income of $15.7 million for the third quarter of fiscal 2025, reflecting a 38.7% increase compared to the same period last year, driven by higher net interest income and noninterest income [1] Financial Performance - Preliminary net income per fully diluted common share was $1.39, up from $0.99 in the same quarter of the previous fiscal year, marking a $0.40 increase [1] - Net interest income for the quarter was $39.5 million, an increase of $5.0 million or 14.4% year-over-year, attributed to a 6.2% rise in average interest-earning assets and a 24 basis point increase in net interest margin [17] - Noninterest income rose to $6.7 million, a 19.4% increase compared to the same quarter last year, primarily due to losses on the sale of available-for-sale securities [20] Balance Sheet Highlights - Total assets reached $5.0 billion, an increase of $372.2 million or 8.1% from June 30, 2024, driven by growth in net loans receivable, cash equivalents, and available-for-sale securities [5] - Total liabilities were $4.4 billion, reflecting an increase of $332.1 million or 8.1% compared to June 30, 2024, mainly due to higher deposits [13] - Deposits increased to $4.3 billion, up $318.3 million or 8.1% from June 30, 2024, with significant growth in certificates of deposit and savings accounts [14] Loan and Deposit Trends - Gross loans were $4.0 billion, a 4.5% increase from June 30, 2024, with notable growth in various loan categories including residential and commercial real estate [8] - Cash equivalents and time deposits totaled $227.1 million, a significant increase of 270.0% compared to June 30, 2024, driven by strong deposit generation [7] Nonperforming Loans and Credit Losses - Nonperforming loans (NPL) were $22.0 million, or 0.55% of gross loans, up from $6.7 million or 0.17% at June 30, 2024, primarily due to new commercial relationships and specific loans becoming nonperforming [11] - The allowance for credit losses (ACL) was $54.9 million, representing 1.37% of gross loans, with a provision for credit loss of $932,000 recorded for the quarter [12][19] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.23 per common share, marking the 124th consecutive quarterly dividend, payable on May 30, 2025 [3]

Financial Data and Key Metrics Changes - Earnings per share for the quarter was $1.39 diluted, up $0.09 from the linked December and up $0.40 from the previous March [5] - Net interest margin for the quarter was 3.39%, compared to 3.15% for the same period last year and up from 3.36% in the previous quarter [5] - Net interest income increased by 3.5% quarter over quarter and 14.4% year over year due to higher average earning asset balances and net interest margin expansion [6][7] - Tangible book value per share increased to $40.37, up $4.86 or almost 14% year over year [8] Business Line Data and Key Metrics Changes - Gross loan balances decreased by $3.5 million compared to December but increased by $252 million year over year, reflecting a growth of almost 7% [6][7] - Deposit balances increased by approximately $51 million in the third quarter and by $275 million or about 7% year over year [7] - Non-interest income decreased by 2.9% compared to the linked quarter, primarily due to lower deposit account fees [20] Market Data and Key Metrics Changes - Adversely classified loans increased to $49 million or 1.2% of total loans, up $9 million during the quarter [9] - Non-performing loans (NPLs) were $22 million, an increase of $14 million compared to the last quarter, totaling 0.55% of gross loans [10] - Total delinquent loans were $24 million, up $11 million from December [11] Company Strategy and Development Direction - The company is focusing on improving credit quality and has redoubled efforts to address recent trends in problem loans [12] - A new qualitative factor in the calculation for allowance for credit losses has been implemented to reserve more for agricultural-related exposure [16] - The company is optimistic about achieving at least mid-single-digit loan growth for the fiscal year, supported by a strong pipeline [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continuing positive trends in earnings and profitability through fiscal year 2025 [25] - The company is monitoring economic conditions closely, particularly in light of potential changes in economic policy that could affect credit losses [24] - Management noted that while there are signs of stress among consumers and small businesses, broader trends in commercial real estate remain stable [50] Other Important Information - The company has initiated performance improvement initiatives to enhance customer service and operational efficiency [26] - There are ongoing discussions regarding potential mergers and acquisitions, although no immediate opportunities are anticipated due to market volatility [26] Q&A Session Summary Question: Inquiry about margin specifics and CD roll-off rates - Management indicated that approximately $215 million in CDs are rolling off at rates averaging around 4.25% over the next three months, with a total of $1.2 billion renewing at an average rate of 4.26% over the next year [30] Question: Assessment of agricultural commodities and tariffs - Management noted limited visibility on the impact of tariffs but indicated that government price supports would kick in if prices remain low [32] Question: Discussion on net interest margin and renewal rates - Management confirmed that the reported net interest margin was around 3.4%, with renewal rates for loans averaging between 7.25% and 7.50% [39] Question: Concerns regarding non-performing loans and collateral - Management acknowledged the increase in NPLs, particularly related to medical lease properties, and indicated that charge-offs are anticipated [41] Question: Capital priorities and potential share buybacks - Management stated that share repurchases would depend on stock price and market conditions, with a target tangible common equity ratio of 8% to 9% [45]