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Southern Missouri Bancorp (Southern Missouri Bancorp) Retained Earnings : $291.3 Mil (As of Dec. 2023)


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What is Southern Missouri Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Southern Missouri Bancorp's retained earnings for the quarter that ended in Dec. 2023 was $291.3 Mil.

Southern Missouri Bancorp's quarterly retained earnings increased from Jun. 2023 ($270.7 Mil) to Sep. 2023 ($281.5 Mil) and increased from Sep. 2023 ($281.5 Mil) to Dec. 2023 ($291.3 Mil).

Southern Missouri Bancorp's annual retained earnings increased from Jun. 2021 ($200.1 Mil) to Jun. 2022 ($240.1 Mil) and increased from Jun. 2022 ($240.1 Mil) to Jun. 2023 ($270.7 Mil).


Southern Missouri Bancorp Retained Earnings Historical Data

The historical data trend for Southern Missouri Bancorp's Retained Earnings 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.

Southern Missouri Bancorp Retained Earnings Chart

Southern Missouri Bancorp Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.68 165.71 200.14 240.12 270.72

Southern Missouri Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial 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 257.51 257.54 270.72 281.49 291.30

Southern Missouri Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Southern Missouri Bancorp  (NAS:SMBC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Southern Missouri Bancorp (Southern Missouri Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2991 Oak Grove Road, Poplar Bluff, MO, USA, 63901
Southern Missouri Bancorp Inc is a us-based holding company for Southern Missouri Savings Bank. The principal business of the bank consists of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, and to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans. It is engaged in providing the range of banking and financial services to individuals and corporate customers in its market areas. The company derives revenue principally from interest earned on loans, debt securities, bank card interchange fees, loan late charges and another fee income.
Executives
Stefan Chkautovich officer: Chief Financial Officer 2991 OAK GROVE RD, POPLAR BLUFF MO 639012
Dennis C Robison director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901
Matthew T Funke officer: Chief Financial Officer C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901
Daniel Lee Jones director 2991 OAK GROVE RD., POPLAR BLUFF MO 63901
Brett Dorton officer: EVP, Chief Strategies Officer C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Greg A Steffens director, officer: President C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
William E Young director 2991 OAK GROVE RD, POPLAR BLUFF MO 63901
David L Mcclain director 2991 OAK GROVE RD, POPLAR BLUFF MO 63901
Lance K Greunke officer: Executive Vice President 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Charles R Love director 1469 CO. RD. 468, POPLAR BLUFF MO 63901
Sammy A Schalk director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
Martin Weishaar officer: Chief Legal Officer SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Douglas Bagby director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
Mark E Hecker officer: EVP, Chief Credit Officer 16 WEST FRANKLIN STREET, LIBERTY MO 64068
Richard Windes officer: Chief Lending Officer C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901

Southern Missouri Bancorp (Southern Missouri Bancorp) Headlines

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