Great Southern Bancorp reported solid fourth quarter and full-year 2025 results, driven by sustained core banking operations and disciplined capital management, despite a volatile economic environment. The company demonstrated resilience in its net interest margin and asset quality, while strategically managing expenses and returning capital to shareholders.
Full-year 2025 net income increased to $71.0 million, or $6.19 per diluted common share, up from $61.8 million, or $5.26 per diluted common share, in 2024.
positiveAnnualized return on average common equity improved to 10.16% for Q4 2025 from 9.76% in Q4 2024, and full-year ROACE was 11.38% in 2025 compared to 10.55% in 2024.
positiveNet interest margin expanded to 3.70% in Q4 2025 from 3.49% in Q4 2024, reflecting effective management of funding costs.
positiveNon-performing assets decreased to $8.1 million (0.15% of total assets) at December 31, 2025, down from $9.6 million (0.16% of total assets) at December 31, 2024.
positiveTotal net loans decreased by 7.1% from $4.69 billion at December 31, 2024, to $4.36 billion at December 31, 2025, primarily due to decreases in other residential, construction, one- to four-family residential, and commercial business loans.
attentionNet interest income for Q4 2025 decreased slightly by 0.7% to $49.2 million compared to $49.5 million in Q4 2024, largely driven by the completion of accounting recognition of interest income from a previously-terminated interest rate swap.
attentionNon-interest expense to average total assets increased to 2.56% in Q4 2025 from 2.46% in Q4 2024.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Consumer | $59.0B | — | — | 100.0% |
| Total Revenue | $59.0B | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
Sustained success of core banking operations and commitment to long-term tangible book value appreciation.
Focus on preserving net interest margin, protecting credit quality, controlling non-interest expense, and opportunistically repurchasing stock.
Resilient net interest income, steady net interest margin, continued moderation in funding costs, and disciplined asset-liability management.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.