Short answer
SOUTHERN MISSOURI BANCORP, INC. (SMBC) filed its fiscal 2026 10-K annual report with the SEC on Sep 11, 2026. It reported revenue of $289M (+4.2% year over year) and net income of $72M.
- Top risk flagged: Regulatory risk: USA Patriot and Bank Secrecy Acts non-compliance could lead to fines or sanctions
FY2026 key financial metrics · XBRL
- Revenue
- $289M
- +4.2% YoY
- Net income
- $72M
- +22.6% YoY
- EPS (diluted)
- $6.43
- +24.1% YoY
- ROE
- 12.2%
- +1.4 pp YoY
- Operating cash flow
- $81M
- −1.3% YoY
Source: XBRL data from the SOUTHERN MISSOURI BANCORP, INC. (SMBC) FY2026 10-K on SEC EDGAR. USD.
SOUTHERN MISSOURI BANCORP, INC. FY2026 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Section 'business' was empty or not found.
Management Discussion & Analysis
- Revenue $200.6M net interest income (11.8% increase YoY from $154.6M), total interest income $289.0M (+4.2%), noninterest income $27.8M (-0.7%)
- Net interest margin 3.62% vs 3.40%; operating margin approx. 45% (net income $71.8M / total revenue $200.6M) up from prior year (net income $58.6M)
- Best performing segment: Net interest income from loans $265.2M (+5.7% YoY); worst: investment securities income $4.96M (-14.6%) due to lower yields and balances
- Cash flow: Dividends $1.00/share (+8.7%), share repurchases $18.6M for 317K shares at avg price $58.59, capex projected $8-$11M, deposits +$126.5M, FHLB borrowings +$26.4M
- Outlook/risk: Management anticipates sufficient liquidity for next 12 months; increased provision for credit losses to $11.5M reflects rising economic uncertainty and agricultural sector pressures
Risk Factors
- Regulatory risk: USA Patriot and Bank Secrecy Acts non-compliance could lead to fines or sanctions
- Macroeconomic risk: Economic slowdown in Missouri/northern Arkansas could increase loan delinquencies and reduce loan originations
- Operational risk: Core deposit system replacement may cause delays, cost overruns, or failures impacting business operations
- Competitive risk: Fintech companies introducing new technology-driven products pose competitive threat with greater resources
- Financial risk: Non-owner occupied commercial real estate loans 287.9% of Tier 1 capital plus ACL, nearing regulatory scrutiny threshold
Generated from the filing text; verify against the original. How to read a 10-K
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