SMBC maintains a consistent equity-to-assets ratio of 0.11, supporting its asset base growth from $4.6 billion in 2024Q3 to $5.1 billion in 2026Q3.
| Metric | TTM | Jun'25 | Jun'24 | Jun'23 | Jun'22 | Jun'21 | Jun'20 | Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 | Jun'07 | Jun'06 | Jun'05 | Jun'04 | Jun'03 | Jun'02 | Jun'01 | Jun'00 | Jun'99 | Jun'98 | Jun'97 | Jun'96 |
|---|
| Cash & Short Term Investments | 2.04B | 653.95M | 489.3M | 472.77M | 326.95M | 331.59M | 231.74M | 201.9M | 174.6M | 175.95M | 152.5M | 148.31M | 146.81M | 93.77M | 109.82M | 34.69M | 34.47M | 8.07M | 8.02M | 7.33M | 6.37M | 3.89M | 4.58M | 7.62M | 8.61M | 10.71M | 4.47M | 4.1M | 4.3M | 3.5M | 4.7M |
| Cash & Due from Banks | 93.29M | 193.1M | 61.4M | 55.22M | 91.56M | 124.57M | 55.22M | 36.37M | 28.28M | 31.53M | 23.28M | 18.72M | 16.59M | 13.77M | 34.69M | 34.69M | 34.47M | 8.07M | 8.02M | 7.33M | 6.37M | 3.89M | 4.58M | 7.62M | 8.61M | 10.71M | 4.47M | 4.1M | 4.3M | 3.5M | 4.7M |
| Short Term Investments | 439.12M | 460.84M | 427.9M | 417.55M | 235.38M | 207.02M | 176.52M | 165.53M | 146.32M | 144.42M | 129.22M | 129.59M | 130.22M | 80.01M | 75.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 4.73B | 4.51B | 4.23B | 3.99B | 2.92B | 2.41B | 2.32B | 2.01B | 1.71B | 1.54B | 1.26B | 1.18B | 931.28M | 727.17M | 659.59M | 620.62M | 486.23M | 429.17M | 382.99M | 346.95M | 319.33M | 302.27M | 288.56M | 253.84M | 243.97M | 215.98M | 173.34M | 156.1M | 147.3M | 152.2M | 150.3M |
| Investments Growth % | 30.73% | 6.75% | 5.93% | 36.52% | 21.37% | 3.83% | 15.23% | 17.68% | 10.87% | 21.94% | 6.93% | 27% | 28.07% | 10.25% | 6.28% | 27.64% | 13.3% | 12.06% | 10.39% | 8.65% | 5.65% | 4.75% | 13.68% | 4.05% | 12.96% | 24.6% | 11.04% | 5.97% | -3.22% | 1.26% | 7.66% |
| Long-Term Investments | 16.65B | 4.05B | 3.8B | 3.57B | 2.69B | 2.2B | 2.14B | 1.85B | 1.56B | 1.4B | 1.14B | 1.05B | 801.06M | 647.17M | 584.47M | 620.62M | 486.23M | 429.17M | 382.99M | 346.95M | 319.33M | 302.27M | 288.56M | 253.84M | 243.97M | 215.98M | 173.34M | 156.1M | 147.3M | 152.2M | 150.3M |
| Accounts Receivables | 4.27B | 4.05B | 23.83M | 18.87M | 11.05M | 10.08M | 12.12M | 10.19M | 7.99M | 6.77M | 5.51M | 5.17M | 4.4M | 3.97M | 3.69M | 3.8M | 3.04M | 2.65M | 3.01M | 2.25M | 1.96M | 1.39M | 1.36M | 1.27M | 1.56M | 1.6M | 1.15M | 1M | 900K | 1.1M | 1.1M |
| Goodwill & Intangibles | 71.33M | 73.72M | 77.23M | 81.25M | 35.46M | 21.22M | 21.79M | 23.33M | 20M | 15.39M | 7.85M | 8.76M | 3.94M | 1.04M | 1.46M | 1.87M | 1.6M | 1.58M | 3.01M | 2.25M | 1.96M | 1.39M | 1.36M | 1.27M | 1.56M | 1.6M | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 50.73M | 50.73M | 50.77M | 27.29M | 14.09M | 14.09M | 14.09M | 13.08M | 8.63M | 4.56M | 4.56M | 1.6M | 126.38K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 71.33M | 22.99M | 26.5M | 30.47M | 8.18M | 7.13M | 7.7M | 9.24M | 6.92M | 6.76M | 3.29M | 4.2M | 2.33M | 914.04K | 1.46M | 1.87M | 1.6M | 1.58M | 3.01M | 2.25M | 1.96M | 1.39M | 1.36M | 1.27M | 1.56M | 1.6M | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 93.37M | 95.98M | 95.95M | 92.4M | 71.35M | 64.08M | 65.11M | 62.73M | 54.83M | 54.17M | 46.94M | 39.73M | 22.47M | 17.52M | 11.35M | 8.06M | 7.65M | 8.14M | 8.2M | 8.65M | 8.93M | 7.88M | 6.07M | 6.2M | 5.84M | 5.07M | 2.55M | 1.9M | 1.9M | 1.6M | 1.4M |
| Other Assets | 158.05M | -4.05B | 120.72M | 123.84M | 60.39M | 54.72M | 54.12M | 47.92M | 46.77M | 40.23M | 38.42M | 26.16M | 25.12M | 19.48M | 17.98M | 10.48M | 10.46M | 12.16M | 13.76M | 12.66M | 11.75M | 12.32M | 8.27M | 7.41M | 2.93M | 3.51M | 2.88M | 1.9M | 1.5M | 2M | 2.3M |
| Total Current Assets | 533.43M | 4.7B | 513.12M | 491.65M | 361.39M | 360.27M | 259.22M | 234.02M | 201.13M | 200.19M | 175.24M | 172.28M | 168.85M | 111.19M | 123.94M | 47.16M | 46.14M | 15.29M | 11.03M | 9.58M | 8.32M | 5.28M | 5.94M | 8.89M | 10.17M | 12.31M | 5.62M | 5.1M | 5.2M | 4.6M | 5.8M |
| Total Non-Current Assets | 4.61B | 169.7M | 4.09B | 3.87B | 2.85B | 2.34B | 2.28B | 1.98B | 1.68B | 1.51B | 1.23B | 1.13B | 852.57M | 685.2M | 615.25M | 641.04M | 505.94M | 455.17M | 406.79M | 370.35M | 342.36M | 325.08M | 305.76M | 270.57M | 256.12M | 228.18M | 178.77M | 159.9M | 150.7M | 155.8M | 154M |
| Total Assets | 5.14B | 5.02B | 4.6B | 4.36B | 3.21B | 2.7B | 2.54B | 2.21B | 1.89B | 1.71B | 1.4B | 1.3B | 1.02B | 796.39M | 739.19M | 688.2M | 552.08M | 465.9M | 417.82M | 379.93M | 350.68M | 330.36M | 311.7M | 279.45M | 266.29M | 240.49M | 184.39M | 165M | 155.9M | 160.4M | 159.8M |
| Asset Growth % | 22.63% | 9.02% | 5.6% | 35.63% | 19.04% | 6.23% | 14.8% | 17.41% | 10.45% | 21.64% | 7.99% | 27.28% | 28.26% | 7.74% | 7.41% | 24.66% | 18.5% | 11.51% | 9.97% | 8.34% | 6.15% | 5.99% | 11.54% | 4.94% | 10.73% | 30.43% | 11.75% | 5.84% | -2.81% | 0.38% | 7.75% |
| Return on Assets (ROA) | 1.33% | 1.21% | 1.12% | 1.04% | 1.59% | 1.8% | 1.16% | 1.41% | 1.16% | 1% | 1.1% | 1.18% | 1.11% | 1.31% | 1.41% | 1.85% | 0.91% | 0.87% | 0.91% | 0.8% | 0.82% | 0.03% | 0.98% | 1% | 0.91% | 0.73% | 0.76% | 1% | 0.7% | 0.69% | 0.97% |
| Accounts Payable | 0 | 14.19M | 12.87M | 4.72M | 801K | 779K | 1.65M | 2.1M | 1.21M | 918K | 720K | 777K | 569K | 528.53K | 625.66K | 5.54M | 1.6M | 2.66M | 1.2M | 1.41M | 744.15K | 497.24K | 336.02K | 393.84K | 571.17K | 1.14M | 956.39K | 700K | 600K | 800K | 1M |
| Total Debt | 148.28M | 142.28M | 134.6M | 156.62M | 61.01M | 72.77M | 85.17M | 67.33M | 97.86M | 71.7M | 152.05M | 106.78M | 120.76M | 59.51M | 57.36M | 65.95M | 81.09M | 109.71M | 93.07M | 78.98M | 64.51M | 79.47M | 81.16M | 58.73M | 51.31M | 41.12M | 37M | 20.6M | 21.1M | 13.5M | 11.6M |
| Net Debt | 54.99M | -50.83M | 73.21M | 101.4M | -30.55M | -51.8M | 29.95M | 30.96M | 69.58M | 40.16M | 128.78M | 88.06M | 104.17M | 45.74M | 22.67M | 31.26M | 46.61M | 101.64M | 85.05M | 71.64M | 58.15M | 75.59M | 76.58M | 51.12M | 42.7M | 30.41M | 32.53M | 16.5M | 16.8M | 10M | 6.9M |
| Long-Term Debt | 128.28M | 127.28M | 125.21M | 156.62M | 61.01M | 72.77M | 85.17M | 62.95M | 94.6M | 61.48M | 124.97M | 79.45M | 95.2M | 31.72M | 31.72M | 40.72M | 50.72M | 85.97M | 71.27M | 61.22M | 53.22M | 58.22M | 66.47M | 53.5M | 47M | 37M | 37M | 19.8M | 20.1M | 0 | 0 |
| Short-Term Debt | 20M | 15M | 9.4M | 0 | 0 | 0 | 0 | 4.38M | 3.27M | 10.21M | 27.09M | 27.33M | 25.56M | 27.79M | 25.64M | 25.23M | 30.37M | 23.75M | 21.8M | 17.76M | 11.3M | 21.26M | 14.7M | 5.23M | 4.31M | 4.12M | 0 | 800K | 1M | 13.5M | 11.6M |
| Other Liabilities | 78.76M | 37.1M | 25.04M | 27.27M | 17.12M | 12.75M | 12.15M | 12.89M | 6.45M | 6.42M | 4.48M | 4.62M | 3.18M | 2.15M | 1.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.25M | 0 | 170.61K | 280.11K | 334.84K | 400K | 200K | 400K | 300K |
| Total Current Liabilities | 4.36B | 4.31B | 3.97B | 3.73B | 2.82B | 2.33B | 2.19B | 1.9B | 1.58B | 1.47B | 1.15B | 1.08B | 811.93M | 660.7M | 611.08M | 591.75M | 455.72M | 338.36M | 316.08M | 290M | 270.91M | 247.14M | 227.53M | 200.85M | 194.61M | 179.63M | 125.6M | 122.2M | 111.5M | 133.6M | 133.3M |
| Total Non-Current Liabilities | 207.04M | 164.36M | 150.24M | 183.89M | 78.13M | 85.53M | 97.32M | 75.84M | 101.05M | 67.9M | 129.45M | 84.07M | 98.38M | 33.87M | 33.38M | 40.72M | 50.72M | 85.97M | 71.27M | 61.22M | 53.22M | 58.22M | 58.22M | 53.5M | 47M | 37M | 37M | 20.2M | 20.3M | 400K | 300K |
| Total Liabilities | 4.57B | 4.47B | 4.12B | 3.91B | 2.89B | 2.42B | 2.28B | 1.98B | 1.69B | 1.53B | 1.28B | 1.17B | 910.31M | 694.56M | 644.46M | 632.47M | 506.43M | 423.89M | 387.35M | 351.21M | 324.13M | 305.36M | 285.75M | 254.35M | 241.78M | 216.91M | 162.93M | 142.4M | 131.8M | 134M | 133.6M |
| Total Equity | 573.51M | 544.69M | 488.75M | 446.06M | 320.77M | 283.42M | 258.35M | 238.39M | 200.69M | 173.08M | 125.97M | 132.64M | 111.11M | 101.83M | 94.73M | 55.73M | 45.65M | 42.01M | 30.47M | 28.71M | 26.55M | 25M | 25.95M | 25.11M | 24.51M | 23.58M | 21.46M | 22.6M | 24.1M | 26.4M | 26.2M |
| Equity Growth % | 41.43% | 11.45% | 9.57% | 39.06% | 13.18% | 9.71% | 8.37% | 18.78% | 15.95% | 37.4% | -5.03% | 19.38% | 9.11% | 7.5% | 69.97% | 22.09% | 8.67% | 37.86% | 6.12% | 8.13% | 6.2% | -3.66% | 3.36% | 2.44% | 3.94% | 9.91% | -5.06% | -6.22% | -8.71% | 0.76% | -2.96% |
| Equity / Assets (Capital Ratio) | 11.15% | 10.85% | 10.61% | 10.23% | 9.98% | 10.5% | 10.16% | 10.77% | 10.64% | 10.14% | 8.97% | 10.2% | 10.88% | 12.79% | 12.82% | 8.1% | 8.27% | 9.02% | 7.29% | 7.56% | 7.57% | 7.57% | 8.33% | 8.98% | 9.2% | 9.81% | 11.64% | 13.7% | 15.46% | 16.46% | 16.4% |
| Return on Equity (ROE) | 12% | 11.29% | 10.74% | 10.23% | 15.61% | 17.42% | 11.09% | 13.17% | 11.2% | 10.4% | 11.48% | 11.21% | 9.47% | 10.24% | 13.42% | 22.63% | 10.55% | 10.58% | 12.21% | 10.6% | 10.8% | 0.41% | 11.29% | 11.04% | 9.6% | 6.88% | 5.99% | 6.85% | 4.36% | 4.18% | 5.64% |
| Book Value per Share | 51.78 | 48.35 | 43.25 | 39.37 | 35.60 | 31.45 | 28.08 | 25.90 | 22.92 | 23.04 | 16.89 | 17.67 | 16.34 | 15.08 | 16.39 | 13.02 | 10.84 | 9.89 | 6.89 | 6.34 | 5.91 | 6.00 | 5.54 | 5.23 | 5.04 | 4.76 | 4.14 | 4.24 | 3.67 | 4.02 | 3.93 |
| Tangible BV per Share | 45.34 | 41.80 | 36.41 | 32.20 | 31.66 | 29.10 | 25.72 | 23.37 | 20.64 | 20.99 | 15.84 | 16.50 | 15.77 | 14.93 | 16.14 | 12.58 | 10.46 | 9.51 | 6.21 | 5.84 | 5.48 | 5.66 | 5.25 | 4.96 | 4.72 | 4.44 | 4.14 | 4.24 | 3.67 | 4.02 | 3.93 |
| Common Stock | 120K | 120K | 120K | 119K | 98K | 94K | 93K | 93K | 90K | 86K | 74K | 74K | 33K | 32.62K | 32.53K | 29.57K | 29.57K | 29.57K | 29.57K | 29.57K | 29.57K | 29.57K | 29.57K | 18.03K | 18.03K | 18.03K | 18.03K | 0 | 0 | 0 | 0 |
| Additional Paid-in Capital | 221.48M | 221.35M | 219.68M | 218.26M | 119.16M | 95.58M | 95.03M | 94.54M | 83.41M | 70.1M | 34.43M | 33.95M | 23.5M | 22.75M | 22.48M | 16.27M | 16.37M | 16.34M | 16.68M | 17.39M | 17.35M | 17.36M | 17.29M | 17.5M | 17.46M | 17.45M | 17.52M | 0 | 0 | 0 | 0 |
| Retained Earnings | 372.41M | 359.58M | 311.38M | 270.72M | 240.12M | 200.14M | 165.71M | 143.68M | 119.54M | 102.37M | 89.8M | 77.76M | 66.81M | 59.05M | 51.37M | 43.01M | 33.06M | 29.95M | 27.36M | 24.63M | 22.51M | 20.53M | 21.24M | 19.18M | 17.09M | 15.37M | 14.44M | 13.8M | 12.8M | 12.5M | 12.2M |
| Accumulated OCI | 4.92M | -11.38M | -17.45M | -21.93M | -17.49M | 2.88M | 4.45M | 1.25M | -2.35M | 527K | 1.66M | 861K | 588K | -178.94K | 699.9K | 535.62K | 587.96K | 116.01K | -595.18K | -348.8K | -690.33K | -218.88K | -347.21K | -44.45K | 65.52K | -93.94K | -1.07M | -300K | 0 | 0 | -400K |
| Treasury Stock | -25.42M | -24.97M | -24.97M | -21.12M | -21.12M | -15.28M | -6.94M | -1.17M | 0 | 0 | 0 | 0 | 0 | 0 | -26.32K | -13.75M | -13.99M | -13.99M | -13M | -12.99M | -12.65M | -12.7M | -12.25M | -11.54M | -10.12M | -9.16M | -9.45M | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20M | 20M | 20M | 20M | 9.46M | 9.42M | 9.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Agricultural credit concentration
As reported in financial statements, SMBC has grown total assets from $4.6 billion in 2024Q3 to $5.1 billion by 2026Q3, a trend that appears driven by consistent inorganic expansion and the successful integration of regional community banking franchises into the existing operational footprint.
The steady climb in asset volume suggests management is effectively deploying capital to scale its presence across the Missouri and Arkansas markets. Investors should monitor whether this growth trajectory remains sustainable as the pool of viable, small-scale acquisition targets in the immediate region potentially narrows.
Based on reported figures, the bank has maintained a consistent equity-to-assets ratio of approximately 0.11 over the last ten quarters, indicating that SMBC is successfully balancing aggressive balance sheet expansion with sufficient internal capital generation to support its regulatory requirements and long-term strategic objectives.
This stable capital ratio suggests a disciplined approach to leverage, ensuring the bank remains well-positioned to absorb potential shocks within its loan portfolio. The ability to maintain this ratio while growing the asset base implies that earnings retention is effectively keeping pace with the bank's expansionary appetite.
According to recent SEC filings, SMBC holds a substantial investment securities portfolio that grew from $4.2 billion in 2024Q3 to $4.7 billion in 2026Q3, serving as a primary liquidity buffer that provides the bank with significant flexibility to manage funding needs and interest rate volatility.
The heavy weighting toward investment securities relative to total assets suggests a conservative liquidity posture, which may protect the bank against sudden deposit outflows. However, this concentration warrants further investigation into the duration and interest rate sensitivity of these holdings, as they represent a significant portion of the balance sheet.
As indicated by the bank's quarterly data, the overwhelming majority of total assets are tied up in investment securities rather than traditional loan growth, which may imply a structural reliance on market-based yields rather than pure commercial lending income to drive the bank's net interest margin.
This asset mix may mask the true credit risk profile of the bank, as the performance of the securities portfolio could be more sensitive to macro interest rate shifts than the localized agricultural loan book. Investors should consider whether this allocation reflects a strategic choice to limit credit exposure or a temporary constraint on organic lending opportunities.
Quick answers to the most common questions about buying SMBC stock.
As of 2025, Southern Missouri Bancorp, Inc. (SMBC) had total assets of $5.02B including $4.70B in current assets.
Southern Missouri Bancorp, Inc. (SMBC) carries total debt of $142.3M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Southern Missouri Bancorp, Inc. (SMBC) has total shareholders' equity (book value) of $544.7M ($48.35 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Southern Missouri Bancorp, Inc. (SMBC) reported a current ratio of 1.09x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.