
GSBC Stock Forecast & Price Target
GSBC Analyst Ratings
Bulls say
Great Southern Bancorp has demonstrated a positive financial trajectory, highlighted by a net interest margin increase to 3.49% due to a decline in funding costs. The bank's loan balances experienced a 7% annualized growth, rising to $4.78 billion, propelled by strong multifamily growth and a robust pipeline of $1.20 billion in new construction commitments. Additionally, the company's anticipated reduction in funding costs, alongside revised earnings per share estimates for 2024 and 2025, reflects a favorable outlook in a potentially improving lending and economic environment.
Bears say
Great Southern Bancorp Inc has reported a decrease in earning asset yield by 15 basis points to 5.83%, with a corresponding drop in loan yield by 17 basis points to 6.27%, indicating potential challenges in maintaining profitability amidst recent rate cuts. Moreover, the overall loans portfolio shrank slightly to $4.76 billion, reflecting declines in multifamily and commercial and industrial sectors, while the rise in construction loans may not sufficiently offset these losses. Additionally, operating expenses have increased by approximately 2% to $35 million, compounding the financial pressures stemming from lower regional peer multiples and the anticipated end of swap benefits impacting future earnings per share estimates.
This aggregate rating is based on analysts' research of Great Southern Bancorp and is not a guaranteed prediction by Public.com or investment advice.
GSBC Analyst Forecast & Price Prediction
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