Southern Missouri Bancorp
SMBC on Nasdaq. Southern Missouri Bancorp sells banking and financial services to individuals and businesses. Market value $792m.
Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to June 2026.
We can't read total debt from the filing, so debt is left out.
Should I look at this?
Worth a closer look
Why it could be worth it
What to watch out for
Nothing stood out in the numbers we check.
This is not advice. Check the numbers below.
Yearly profit per dollar of owners' money: 11 cents. Above 10 is good.
What you pay for each dollar of net assets: $1.34.
Profit per $100 you pay: $9.11.
Quality score: 91 of 100. Price score: 91 of 100. Our list needs 70 on quality and 60 on price.
$71.61 a share, 50% above its 1-year low
Over the past year the price has ranged from $47.60 to $79.86.
Dividend: 1.4% a year
Paid every year for at least 5 years
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | n/a | n/a | n/a | n/a | n/a |
| Operating margin | |||||
| Operating margin | n/a | n/a | n/a | n/a | n/a |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.01bn | 0.01bn | 0.01bn | 0.01bn | 0.01bn |
Health checks
- Free cash flow positiveDoesn't apply to banks and insurers
- Accounting checksDoesn't apply to banks and insurers
- DebtDoesn't apply to banks and insurers
- Revenue growth, five yearsUnknown
- Buying back its own sharesYes, 3% fewer since 2022
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Profit: $20 million, up 28% on a year ago.
- Spare cash over the past 12 months: $77 million, up from $75 million.
| Quarter to | Amount |
|---|---|
| September 2024 | $12m |
| December 2024 | $15m |
| March 2025 | $16m |
| June 2025 | $16m |
| September 2025 | $16m |
| December 2025 | $18m |
| March 2026 | $18m |
| June 2026 | $20m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 11 September 2026
- Next quarterly (estimated, 10-Q)
- 7 August 2026
Who owns it
1 long-term investor we follow owns it, unchanged from 1 last quarter. 151 funds in all.
- Hotchkis & WileyHotchkis & Wiley team
- Value
- $12m
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Hotchkis & WileyHotchkis & Wiley team | $12m | <0.1% |
Largest holders overall
- BlackRock$85mAdded
- Dimensional Fund Advisors LP$36mAdded
- Raffles Associates LP$32mAdded
- Vanguard Capital Management$32mCut
- State Street$27mAdded
- American Century Companies$27mAdded
- Geode Capital Management$19mAdded
- Manufacturers Life Insurance Company, the$18m
- Hotchkis & Wiley$12m
- Vanguard Portfolio Management$12mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
No one has reported a stake above 5% since December 2024.
- FMR LLCPassive investorSold down below 5%Since 31 December 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
FMR LLC Passive investor | Sold down below 5% | 31 December 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 5 sold $2m.
- Hensley Todd E.DirectorSold
- Date
- 9 September 2026
- Shares
- 10,851
- Price
- $72.66
- Value
- $788,391
- Hensley Todd E.DirectorSold
- Date
- 8 September 2026
- Shares
- 4,749
- Price
- $73.48
- Value
- $348,957
- HECKER MARK EEVP-CHIEF CREDIT OFFICERSold
- Date
- 18 August 2026
- Shares
- 2,685
- Price
- $75.53
- Value
- $202,802
- Windes RichardEVP-CHIEF LENDING OFFICERSold
- Date
- 5 June 2026
- Shares
- 2,000
- Price
- $69.70
- Value
- $139,400
- Windes RichardEVP-CHIEF LENDING OFFICERSold
- Date
- 21 May 2026
- Shares
- 2,000
- Price
- $68.47
- Value
- $136,940
- BAGBY DOUGLASDirectorSold
- Date
- 6 May 2026
- Shares
- 580
- Price
- $68.90
- Value
- $39,962
- Love Charles RDirectorSold
- Date
- 4 March 2026
- Shares
- 580
- Price
- $64.00
- Value
- $37,120
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 9 September 2026 | Hensley Todd E. Director | Sold | 10,851 | $72.66 | $788,391 |
| 8 September 2026 | Hensley Todd E. Director | Sold | 4,749 | $73.48 | $348,957 |
| 18 August 2026 | HECKER MARK E EVP-CHIEF CREDIT OFFICER | Sold | 2,685 | $75.53 | $202,802 |
| 5 June 2026 | Windes Richard EVP-CHIEF LENDING OFFICER | Sold | 2,000 | $69.70 | $139,400 |
| 21 May 2026 | Windes Richard EVP-CHIEF LENDING OFFICER | Sold | 2,000 | $68.47 | $136,940 |
| 6 May 2026 | BAGBY DOUGLAS Director | Sold | 580 | $68.90 | $39,962 |
| 4 March 2026 | Love Charles R Director | Sold | 580 | $64.00 | $37,120 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 11 Sep 2026, and no later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.