Southern Missouri Bancorp, Inc. Announces First Quarter Fiscal 2027 Financial Results

Southern Missouri Bancorp, Inc. reported a preliminary net income of $19.1 million for the first quarter of fiscal 2027, marking a 22.0% increase year-over-year. Diluted earnings per share rose to $1.73, up 25.4% from $1.38 in the same quarter last year. The growth was driven by higher net interest income and a lower provision for credit losses, despite increased noninterest expenses. The net interest margin improved to 3.70%, compared to 3.57% in the prior year, with no non-recurring consulting expenses reported in the current quarter.