What is Southern Missouri Bancorp Equity-to-Asset?
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southern Missouri Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $470.2 Mil. Southern Missouri Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $4,643.5 Mil.
Therefore, Southern Missouri Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.
The historical rank and industry rank for Southern Missouri Bancorp's Equity-to-Asset or its related term are showing as below:
SMBC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.1 Max: 0.11
Current: 0.1
During the past 13 years, the highest Equity to Asset Ratio of Southern Missouri Bancorp was 0.11. The lowest was 0.09. And the median was 0.10.
SMBC's Equity-to-Asset is ranked better than 59.44% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs SMBC: 0.10
Southern Missouri Bancorp Equity-to-Asset Historical Data
The historical data trend for Southern Missouri Bancorp's Equity-to-Asset 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.
Competitive Comparison of Southern Missouri Bancorp's Equity-to-Asset
For the Banks - Regional subindustry, Southern Missouri Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Southern Missouri Bancorp's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Southern Missouri Bancorp's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Southern Missouri Bancorp's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Southern Missouri Bancorp's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Southern Missouri Bancorp Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Southern Missouri Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Southern Missouri Bancorp (Southern Missouri Bancorp) Business Description
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.
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