Great Southern's profits drop by 20% in Q2

RELATED

Great Southern to close 9 branches, conduct layoffs

Springfield-based Great Southern Bancorp Inc. (Nasdaq: GSBC) reported a 20% drop in profits during the second quarter.

The company's net income was $15.8 million, which compares with $19.8 million a year earlier, according to a news release. Diluted share earnings were $1.43, down from $1.72 per share in the same time period of 2025.

Net interest income decreased to $49.5 million from $51 million in second-quarter 2025.

"Our second-quarter performance reflects continued strong results within our core banking franchise," Great Southern President and CEO Joe Turner said in the release. "Throughout the quarter, we remained focused on the fundamentals that have consistently guided our long-term success, including sound credit underwriting, thoughtful balance sheet management and prudent expense control."

As of June 30, assets were $5.5 billion and deposits were $4.3 billion, according to the release.

GSBC was trading at $77.70 as of 9:28 a.m., compared with a 52-week range of $53.76 to $82.40 per share.