GSBC earnings analysis
What we found in GSBC's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
GSBC reported Q2 2026 EPS of $1.57, beating consensus of $1.37, but revenue of $49.493 million fell sharply from $78 million in Q1 2026 and $89 million in Q2 2025 and missed consensus by 9.96%. The filing indicates that recent Federal Funds rate cuts have not materially pressured net interest margin through June 30, 2026, and models show a modestly positive sensitivity to rising rates. However, $630.7 million of time deposits mature within three months, creating meaningful funding-cost risk, while the supplied 10-Q text provides no updated quantitative guidance or cash-flow detail.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- EPS Beat Despite Year-Over-Year Decline
- Reported diluted EPS was $1.57, essentially stable versus $1.58 in Q1 2026 and 8.7% below $1.72 in Q2 2025. EPS exceeded the $1.37 consensus estimate by $0.20, or 14.6%.
- Rate Position Remains Favorable
- The company’s interest-rate models indicated that rising rates are expected to have a “modestly positive” impact on net interest income, while declining rates are expected to have a “mostly neutral” impact as of June 30, 2026.
- Substantial Floating-Rate Loan Exposure
- The loan portfolio included $1.68 billion of SOFR-linked loans and $614.3 million of prime-linked loans at June 30, 2026; nearly all had fully indexed rates at or above their floors.
- Rate Cuts Have Not Yet Compressed NIM
- Management stated that net interest margin had not experienced a material negative impact from the late-2025 Federal Funds rate cuts through June 30, 2026; the Federal Funds rate was 3.75% at December 31, 2025 and remained there at June 30, 2026.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Revenue Decline and Estimate Miss
- Revenue was $49.493 million, down from $78 million in Q1 2026 and $89 million in Q2 2025, while the $49.493 million result was 9.96% below the $54.9648 million consensus estimate.
- Near-Term Deposit Repricing Risk
- Time deposits totaling $630.7 million mature within three months at a weighted-average rate of 3.38%, with an additional $263.2 million maturing within three to six months at 3.10%. Brokered time-deposit rates were generally at or above 3.90% at June 30, 2026, creating funding-cost and margin risk.
- No Formal Risk Update; Litigation Ongoing
- The 10-Q states there were no material changes to the risk factors in the 2025 Form 10-K. Separately, one fiduciary-duty litigation matter remained unresolved after an amended petition was filed in October 2025; the trial had been postponed and not rescheduled.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $1.57
What they said about what is next.
The supplied 10-Q text does not provide updated quantitative revenue or EPS guidance. The prior 8-K cited expected annual pre-tax income improvement of $2.0-$2.7 million from operational efficiencies, but the 10-Q does not update that outlook.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 7, 2026
- Great Southern Bancorp, Inc. reported its Q1 2026 results with net income of $17.5 million, reflecting a 1.8% increase from $17.2 million in Q1 2025, driven by reduced expenses and tax rates despite a decrease in…
- 10-K · March 6, 2026
- Great Southern emphasizes origination of commercial real estate, construction and multi-family loans while funding those loans with customer deposits, brokered deposits and FHLBank borrowings; at December 31, 2025 the…
- 10-Q · November 6, 2024
- Great Southern reported quarterly net income of $16.5 million for the three months ended September 30, 2024, up 3.8% from $15.9 million a year earlier, while nine-month net income fell to $46.9 million from $54.7…
- 10-K · March 12, 2024
- Great Southern Bancorp’s 2023 10‑K emphasizes a regional community bank strategy focused on originating commercial real estate, multi‑family and short‑term adjustable loans while selling longer‑term fixed single‑family…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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