Strong internal capital generation is reflected in the $17.8 million net income reported for 2026Q3, which facilitates both organic growth and a disciplined $9.8 million share repurchase program.
| 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 from Operations | 93.87M | 81.56M | 70.27M | 62.02M | 67.34M | 51.76M | 40.3M | 38.6M | 30.64M | 25.62M | 17.67M | 19.92M | 13.34M | 15.26M | 7.35M | 14.16M | 4.75M | 6.86M | 3.88M | 4.04M | 4.65M | 3.72M | 4.49M | 4.56M | 3.05M | 2.54M | 2.19M | 2.3M | 2.4M | 1.9M | 2.3M |
| Operating CF Growth % | 168.46% | 16.07% | 13.29% | -7.9% | 30.1% | 28.44% | 4.4% | 25.97% | 19.62% | 45% | -11.3% | 49.29% | -12.54% | 107.53% | -48.07% | 197.82% | -30.68% | 76.8% | -4.01% | -13.05% | 24.93% | -17.06% | -1.74% | 49.52% | 20.37% | 15.63% | -4.63% | -4.17% | 26.32% | -17.39% | 9.52% |
| Net Income | 67.35M | 58.58M | 50.18M | 39.24M | 47.17M | 47.18M | 27.55M | 28.9M | 20.93M | 15.55M | 14.85M | 13.67M | 10.08M | 10.07M | 10.1M | 11.47M | 4.63M | 3.84M | 3.61M | 2.93M | 2.78M | 104.26K | 2.88M | 2.74M | 2.31M | 1.55M | 1.32M | 1.6M | 1.1M | 1.1M | 1.5M |
| Depreciation & Amortization | 9.75M | 10.02M | 10.09M | 7.56M | 5.92M | 5.42M | 5.55M | 5.07M | 4.58M | 3.89M | 3.54M | 3.24M | 2.19M | 1.57M | 1.35M | 1.09M | 999.05K | 880.84K | 882.99K | 959.66K | 934.3K | 872.32K | 1.36M | 1.53M | 1.15M | 675.32K | 263.73K | 400K | 300K | 400K | 200K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 230.39K | -1.22M | 1.51M | -541K | -293K | -504K | -163K | -296.54K | -90.9K | -21K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 4.4M | -775K | -3.44M | 11.35M | 13K | -5.99M | 3.17M | -2.19M | -328K | 1.54M | -744K | 1.09M | 1.81M | 1.19M | 2.34M | -4.88M | 1.24M | 1.73M | 697.28K | 670.5K | 647.3K | 4.46M | 331.81K | 411.6K | 348.63K | 111.11K | 450.95K | -100K | 1.2M | 400K | 300K |
| Working Capital Changes | 10.96M | 12.06M | 12.41M | 3.04M | 13.54M | 4.59M | 3.6M | 6.44M | 5.24M | 4.13M | -359K | 1.58M | -959K | 2M | -5.25M | 4.9M | -1.57M | 701.03K | -811.09K | -354.8K | 578.24K | -1.63M | -68.66K | -110.15K | -756.84K | 201.29K | 158.55K | 400K | -200K | 0 | 300K |
| Cash from Investing | -284.32M | -285.11M | -245.74M | -213.41M | -303.93M | -101.92M | -272.36M | -112.99M | -108.48M | -123.12M | -100.32M | -26.3M | -85.51M | -83.31M | -52.61M | 13.68M | -31.21M | -48.1M | -39.75M | -28.38M | -19.83M | -22.35M | -37.27M | -16.28M | -29.32M | -17.73M | -19.76M | -9.6M | 4.2M | -1.7M | -10.5M |
| Purchase of Investments | -47.04M | -96.22M | -87.66M | -143.37M | -108.56M | -114.09M | -60.6M | -34.18M | -50.35M | -33.4M | -29.65M | -3.47M | -20.79M | -42.83M | -52.15M | -25.58M | -23.1M | -30.41M | -30.6M | -5.28M | -9.57M | -10.05M | -37.85M | -27.71M | -26.15M | -18.8M | -5.5M | -24.9M | -6.1M | -6.8M | -35.2M |
| Sale/Maturity of Investments | 75.89M | 68.69M | 74.56M | 172.08M | 40.47M | 74.01M | 51.65M | 70.96M | 43.18M | 22.54M | 30.13M | 33.94M | 51.09M | 33.2M | 39.25M | 26.6M | 16.63M | 9.23M | 24.93M | 8.92M | 5.49M | 15.93M | 27.09M | 28.26M | 28.55M | 20.01M | 7.02M | 14.7M | 22.9M | 18M | 36.6M |
| Net Investment Activity | 28.85M | -27.53M | -13.09M | 28.72M | -68.09M | -40.08M | -8.95M | 36.77M | -7.17M | -10.86M | 479K | 30.48M | 30.3M | -9.64M | -12.9M | 1.02M | -6.47M | -21.18M | -5.67M | 3.64M | -4.08M | 5.88M | -10.76M | 545.49K | 2.4M | 1.21M | 1.52M | -10.2M | 16.8M | 11.2M | 1.4M |
| Acquisitions | 0 | 0 | 0 | 208.34M | 48.77M | 0 | -9.08M | -8.38M | -1.5M | -1.74M | 0 | 3.22M | -5.58M | 0 | 0 | 38.25M | 9.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -309.24M | -251.32M | -223.6M | -444.42M | -279.99M | -58.98M | -250.02M | -133.69M | -97.67M | -107.49M | -90.98M | -52.52M | -104.55M | -66.12M | -35.48M | -24.45M | -33.32M | -26.36M | -33.85M | -31.67M | -14.06M | -22.43M | -25.98M | -15.87M | -30.39M | -17.29M | -20.34M | 900K | -12.2M | -12.5M | -11.7M |
| Cash from Financing | 56.59M | 335.51M | 182.39M | 118.55M | 199.8M | 119.5M | 250.9M | 83.47M | 73.38M | 105.73M | 88.43M | 8.22M | 74.31M | 47.42M | 44.78M | -27.33M | 51.76M | 43.27M | 34.58M | 25.31M | 17.66M | 17.94M | 29.75M | 10.72M | 24.17M | 21.43M | 17.97M | 7.1M | -5.7M | -1.2M | 9.6M |
| Dividends Paid | -10.98M | -10.38M | -9.53M | -8.63M | -7.19M | -5.6M | -5.51M | -4.76M | -3.83M | -2.98M | -2.81M | -2.72M | -2.32M | -2.39M | -1.65M | -1.48M | -1.48M | -1.24M | -884.12K | -805.44K | -804.04K | -809.19K | -821.58K | -656.25K | -587.95K | -615.12K | -640.7K | -700K | -800K | -800K | -800K |
| Share Repurchases | -18.29M | 0 | -3.86M | 0 | -5.84M | -8.34M | -5.77M | -1.17M | 0 | 0 | -20M | 0 | 0 | 0 | 0 | 0 | 0 | -1.51M | -1.36M | 0 | 0 | -585.88K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 316K | 0 | 1K | 0 | 0 | 0 | 0 | 0 | 172K | 24.14M | 99K | 0 | 0 | 0 | 19.91M | 82.73K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -17.97M | 0 | -3.86M | 0 | -5.84M | -8.34M | -5.77M | -1.17M | 172K | 24.14M | -19.9M | 0 | 0 | 0 | 19.91M | 82.73K | 0 | -1.51M | -1.36M | 0 | 0 | -585.88K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | -27K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 0 | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -500K | 1000K | 1000K | 1000K |
| Other Financing | 84.6M | 343.94M | 227.33M | 31.73M | 242.13M | 145.99M | 240.19M | 143.22M | 49.4M | 151.47M | 65.49M | 47.34M | 18.23M | 49.81M | 25.1M | 1.36M | 88.49M | 21.8M | 22.17M | 12.02M | 33.4M | 12.71M | 17.43M | 5.41M | 15.56M | 17.74M | 3.78M | 10.8M | -9.3M | -1.4M | 1.8M |
| Net Change in Cash | -133.85M | 131.96M | 6.92M | -32.83M | -36.78M | 69.35M | 18.84M | 9.07M | -4.46M | 8.23M | 5.78M | 1.84M | 2.14M | -20.63M | -474.61K | 512.43K | 25.31M | 2.03M | -1.29M | 964.36K | 2.48M | -695.26K | -3.04M | -994.97K | -2.1M | 6.24M | 401.7K | -200K | 900K | -4.5M | 1.5M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 134.06M | 60.9M | 53.98M | 86.81M | 123.59M | 54.24M | 35.4M | 26.33M | 30.79M | 22.55M | 16.77M | 14.93M | 12.79M | 33.42M | 33.9M | 33.38M | 8.07M | 6.04M | 7.33M | 6.37M | 3.89M | 4.58M | 7.62M | 8.61M | 10.71M | 4.47M | 4.07M | 4.3M | 3.4M | 4.5M | 3M |
| Cash at End | 93.04M | 192.86M | 60.9M | 53.98M | 86.81M | 123.59M | 54.24M | 35.4M | 26.33M | 30.79M | 22.55M | 16.77M | 14.93M | 12.79M | 33.42M | 33.9M | 33.38M | 8.07M | 6.04M | 7.33M | 6.37M | 3.89M | 4.58M | 7.62M | 8.61M | 10.71M | 4.47M | 4.1M | 4.3M | 3.5M | 4.5M |
| Interest Paid | -2.1M | 8.15M | 7.71M | 5.65M | 2.06M | 2.65M | 3.81M | 4.33M | 3.02M | 3.13M | 3.02M | 2.63M | 3M | 2.5M | 2.86M | 3.08M | 4.14M | 4.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 2.52M | 7.53M | 2.3M | 4.31M | 361K | 9.24M | 2.44M | 2.86M | 1.59M | 3.13M | 4.7M | 4.43M | 3.51M | 2.74M | 6.95M | 1.95M | 1.6M | 1.89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 89.94M | 75.29M | 61.22M | 55.98M | 62.73M | 48.91M | 36M | 30.91M | 28.51M | 22.58M | 7.85M | 12.44M | 7.66M | 7.7M | 3.12M | 13.02M | 3.62M | 6.3M | 3.64M | 3.69M | 2.96M | -2.13M | 3.96M | 3.61M | 1.73M | 887.77K | 1.26M | 2M | 2M | 1.5M | 2.1M |
| FCF Growth % | 43.34% | 22.99% | 9.35% | -10.75% | 28.26% | 35.86% | 16.48% | 8.42% | 26.22% | 187.69% | -36.91% | 62.41% | -0.47% | 146.38% | -76% | 259.38% | -42.51% | 72.92% | -1.33% | 24.84% | 239% | -153.68% | 9.84% | 109.05% | 94.47% | -29.49% | -37.05% | 0% | 33.33% | -28.57% | 10.53% |
Agricultural credit concentration
Based on reported financial data, SMBC has consistently generated positive net income, peaking at $18.1 million in 2026Q2, which provides a reliable internal capital buffer to support ongoing regional expansion and absorb potential credit volatility without immediate reliance on external equity markets or dilutive capital raises.
The bank's ability to maintain a strong OCF/NI ratio, which reached 1.63 in 2026Q3, suggests that earnings are being effectively converted into tangible capital. This internal generation capacity appears sufficient to fund the bank's current growth trajectory while maintaining regulatory capital ratios above standard thresholds.
As reported in quarterly filings, SMBC maintains an active investment securities portfolio, with purchase activity reaching a high of $71.0 million in 2025Q2, indicating a strategic effort to manage liquidity and interest rate risk through periodic rebalancing of its available-for-sale and held-to-maturity asset classes.
The frequent turnover in the investment portfolio suggests management is actively adjusting duration to mitigate interest rate sensitivity. Investors should monitor whether these investment flows are primarily driven by liquidity needs or a tactical attempt to capture yield in a fluctuating rate environment.
According to recent SEC filings, SMBC has demonstrated a disciplined approach to capital return, evidenced by a significant $9.8 million share repurchase in 2026Q3, which suggests management's confidence in the bank's long-term valuation and its ability to maintain dividend sustainability alongside aggressive organic growth initiatives.
The shift toward more substantial buybacks in recent quarters may indicate that management perceives the stock as undervalued relative to its regional growth prospects. This capital return strategy appears sustainable provided that the bank's core earnings power remains resilient against potential regional economic headwinds.
Based on reported figures, SMBC's provision for credit losses has shown notable variability, reaching a peak of $4.5 million in 2026Q1, which reflects a prudent, forward-looking approach to managing credit risk within its specialized agricultural and commercial real estate loan portfolios in the Missouri region.
The fluctuation in provisioning suggests that management is actively adjusting its reserve levels to account for evolving economic conditions in its core markets. This proactive stance may indicate a conservative credit culture that prioritizes long-term balance sheet stability over short-term earnings maximization.
Quick answers to the most common questions about buying SMBC stock.
Southern Missouri Bancorp, Inc. (SMBC) generated $81.6M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Southern Missouri Bancorp, Inc. (SMBC) generated $75.3M in free cash flow in 2025. Free cash flow is the cash left over after capital expenditures, which can be used to pay dividends, repurchase shares, or pay down debt.
Southern Missouri Bancorp, Inc. (SMBC) spent $6.3M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.
In 2025, Southern Missouri Bancorp, Inc. (SMBC) returned $10.4M to shareholders via cash dividends. This shows the company's commitment to returning capital to its equity investors.