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Great Southern Bancorp (Great Southern Bancorp) ROE %

: 9.53% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Great Southern Bancorp's annualized net income for the quarter that ended in Dec. 2023 was $52.6 Mil. Great Southern Bancorp's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $551.8 Mil. Therefore, Great Southern Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 9.53%.

The historical rank and industry rank for Great Southern Bancorp's ROE % or its related term are showing as below:

GSBC' s ROE % Range Over the Past 10 Years
Min: 9.62   Med: 11.71   Max: 13.37
Current: 12.38

During the past 13 years, Great Southern Bancorp's highest ROE % was 13.37%. The lowest was 9.62%. And the median was 11.71%.

GSBC's ROE % is ranked better than
66.19% of 1464 companies
in the Banks industry
Industry Median: 9.91 vs GSBC: 12.38

Great Southern Bancorp ROE % Historical Data

The historical data trend for Great Southern Bancorp's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Great Southern Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.97 9.62 11.97 13.21 12.27

Great Southern Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.32 15.03 13.30 11.78 9.53

Competitive Comparison

For the Banks - Regional subindustry, Great Southern Bancorp's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Great Southern Bancorp ROE % Distribution

For the Banks industry and Financial Services sector, Great Southern Bancorp's ROE % distribution charts can be found below:

* The bar in red indicates where Great Southern Bancorp's ROE % falls into.



Great Southern Bancorp ROE % Calculation

Great Southern Bancorp's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=67.8/( (533.087+571.829)/ 2 )
=67.8/552.458
=12.27 %

Great Southern Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=52.58/( (531.697+571.829)/ 2 )
=52.58/551.763
=9.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Great Southern Bancorp  (NAS:GSBC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=52.58/551.763
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(52.58 / 206.84)*(206.84 / 5780.24)*(5780.24 / 551.763)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.42 %*0.0358*10.4759
=ROA %*Equity Multiplier
=0.91 %*10.4759
=9.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=52.58/551.763
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (52.58 / 65.456) * (65.456 / 206.84) * (206.84 / 5780.24) * (5780.24 / 551.763)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8033 * 31.65 % * 0.0358 * 10.4759
=9.53 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Great Southern Bancorp ROE % Related Terms

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Great Southern Bancorp (Great Southern Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1451 E. Battlefield, Springfield, MO, USA, 65804
Great Southern Bancorp Inc is a bank holding company. It is principally engaged in the business of originating residential and commercial real estate loans, construction loans, commercial business loans, and consumer loans. The bank provides various services such as Business Banking, Merchant Services, Debit and Credit cards, Online Banking, Mobile Banking, VIP Banking, Overdraft Protection, and other related services.
Executives
John M Bugh other: Vice President of Subsidiary 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
Kevin R Ausburn director 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
Steven D Edwards director 218 S GLENSTONE AVENUE, SPRINGFIELD MO 65802
Mark A Maples other: Vice President of Subsidiary 218 S GLENSTONE AVE, SPRINGFIELD MO 65802
Rex A Copeland officer: Treasurer 4901 S. BOTHWELL, SPRINGFIELD MO 65804
William V Turner director, 10 percent owner 6608 E SHADY, STRAFFORD MO 65757
Joseph W Turner director, officer: President/CEO 2190 N FARM ROAD 213, STRAFFORD MO 65757
Julie A Brown director 4725 E ROYAL DRIVE, SPRINGFIELD MO 65809
Steinert Earl A Jr director 3128 N FARM RD 209, STRAFFORD MO 65757
Douglas W Marrs other: Vice President of Subsidiary 111 W. NORTHVIEW, NIXA MO 65714
Thomas J Carlson director 1414 N. BENTON AVE, SPRINGFIELD MO 65802
Linton J Thomason other: Vice President of Subsidiary 1412 FOUR WINDS DRIVE, NIXA MO 65714
Larry D Frazier director 567 E. DALE, HOLLISTER MO 65672
Kevin L Baker other: Vice President of Subsidiary 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
William E Barclay director 3732 E. BOWMAN, SPRINGFIELD MO 65809