Southern Missouri Bancorp, Inc. · NASDAQ:SMBC
Southern Missouri Bancorp — Q1 FY2027 Earnings Presentation
25 slides from Southern Missouri Bancorp's earnings presentation, Nov 4, 2026
Slide 1: First Quarter Fiscal 2027
NASDAQ: SMBC First Quarter Fiscal 2027
Slide 2: Why Southern Bank?
Why Southern Bank? We see people working to seize opportunities, build communities, and achieve their dreams right in their hometowns. And we want to keep it that way. That's why we provide services, resources, and tools that help you accomplish what you want, where you want. Southern Missouri Banco
Slide 3: What Sets Us Apart?
Arnold/Oakville team members participated in and worked the booth at last year’s Keene Insurance Group Golf Tournament Smithville team members participated in Smithville School District’s staff vendor fair. Cape Girardeau team members attended United Way’s ribbon cutting. What Sets Us Apart? OUR COM
Slide 4: Our Mission and Vision
OUR MISSION We’re here for you and your financial goals. OUR VISION We create growth through opportunity. • We provide our customers the best service and expand our relationships to help them achieve their financial goals. • We provide our team with the tools and knowledge to serve our customers whe
Slide 5: Our Values
Our Values F WE ACT AS A FAMILY. We know we’re not a related family, but we really care about our people, both personally and professionally. We like knowing that our skills, our time, and our efforts contribute to the overall success of those we spend time with every day. I R S T S WE MOVE WITH INN
Slide 6: Retail and Business Offerings
RETAIL OFFERINGS BUSINESS OFFERINGS • Digital Banking Online & Mobile Banking (Card Center, Zelle® [Personal & Small Business], Mobile Deposit, Online Bill Pay, My Credit Score) • ITM (Video Teller) • Traditional Deposits & Consumer Lending • Commercial Deposits & Treasury Management ACH Origination
Slide 7: Wealth, Insurance and Trust Services
• Rebranded from Southern Wealth Management • Transactional & Fee-based investments • Goal Based Financial Planning • Income Replacement • Education Funding • Life Insurance • Personal: Homeowners, Auto, Life, Medical, and more • Commercial: Property, Liability, Workers’ Comp, and Commercial Truck L
Slide 8: Locations, States and Communities Served
69 locations serving in 4 States 53 COMMUNITIES 8
Slide 9: Successful Acquisitions
SUCCESSFUL ACQUISITIONS OVER THE LAST 10 FISCAL YEARS June 16 acquired Tammcorp, Inc., and its subsidiary, Capaha Bank (“Capaha”) 2017 February 23 acquired Southern Missouri Bancshares, Inc., and its subsidiary, Southern Missouri Bank of Marshfield (“SMB-Marshfield”) 2018 November 21 acquired Gideon
Slide 10: Fiscal Year Highlights
Fiscal Year Highlights • Earnings per common share (diluted) was $1.73 for the first quarter fiscal 2027, up $0.35, or 25.4%, compared to $1.38 for the same quarter a year ago. • Tangible book value per share* was $48.52 as of September 30, 2026, an increase of $5.17, or 11.9%, from $43.35 as of Sep
Slide 11: Profitability and Earnings History
1.03% 1.10% 1.21% 1.41% 1.44% 0.00% 0.30% 0.60% 0.90% 1.20% 1.50% 1.80% FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 Return on Average Assets 10.4% 10.7% 11.4% 12.7% 12.7% 0.0% 3.0% 6.0% 9.0% 12.0% 15.0% FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 Return on Average Common Equity $4.49 $4.04 $4.96 $6.31 $
Slide 12: Net Interest Income, Margin and Efficiency Ratio
$126,745 $139,483 $154,616 $172,849 $45,941 3.43% 3.14% 3.31% 3.57% 3.65% 3.54% 3.27% 3.40% 3.62% 3.70% 3.00% 3.20% 3.40% 3.60% 3.80% $0 $50,000 $100,000 $150,000 $200,000 FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 Net Interest Income, Net Interest Margin, and Core Net Interest Margin* (dollars in th
Slide 13: Credit Quality Performance
0.26% 0.23% 0.47% 0.64% 0.61% 0.00% 0.20% 0.40% 0.60% 0.80% FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 NPAs/Total Assets 1.32% 1.36% 1.26% 1.25% 1.31% 1.15% 1.20% 1.25% 1.30% 1.35% 1.40% FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 ACL/Gross Loans 424% 497% 218% 164% 180% 0% 100% 200% 300% 400% 500% 600
Slide 14: Loan Growth
$3,619 $3,851 $4,100 $4,392 $4,456 FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 All Other Loans Consumer Agriculture Production Commercial and Industrial Agriculture Real Estate Construction and Land Development Multi-family R/E O/O Commercial Real Estate Non-O/O Commercial R/E 1-4 Residential R/E Loan
Slide 15: Loan Portfolio Composition
Loans as of September 30, 2026 Loans as of June 30, 2023 Loan Portfolio Composition 1-4 Residential R/E, 23.3% Non O/O CRE, 23.2% O/O CRE, 11.7% Multi-Family R/E, 10.9% Const. and Land Dev., 7.0% Ag. R/E, 6.6% C&I, 11.7% Ag. Prod., 3.8% Consumer, 1.6% All Other Loans, 0.2% 1-4 Residential R/E, 25.1%
Slide 16: Deposit Growth
$3,726 $3,943 $4,281 $4,408 $4,474 FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 Noninterest-bearing Transaction Accounts Interest-bearing Transaction Accounts Money Market Deposit Accounts Savings Accounts Certificates < $250,000 Brokered Certificates (not reciprocal) Certificates > $250,000 Deposits,
Slide 17: Deposit Portfolio Composition
Deposits as of June 30, 2023 Deposits as of September 30, 2026 Deposit Portfolio Composition CDs >= $250,000, 6.3% Brokered CDs, 3.9% CDs < $250,000, 18.4% Savings, 7.6% MMDAs, 12.2% NOW, 35.7% Noninterest, 16.0% CDs >= $250,000, 16.0% Brokered CDs, 5.5% CDs < $250,000, 18.8% Savings, 15.8% MMDAs, 8
Slide 18: Dividends per Common Share and Dividend Yield
$0.84 $0.84 $0.92 $1.00 $0.27 2.18% 1.87% 1.68% 1.31% 1.52% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% $0.00 $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 FY 2023 FY 2024 FY 2025 FY 2026 FYTD 2027 Dividends per Common Share Annualized Dividend Yield Data is for the fiscal years ended June 30, except for FYTD 2027, w
Slide 19: Tangible Book Value Growth
Data is as of June 30, except for FYTD 2027, which is as of September 30, 2026. Stock price used is the period end closing stock price. * See “Important Statements – Non-GAAP Financial Measures” for a reconciliation of non-GAAP financial measures. ** Compound annualized growth rate for tangible book
Slide 20: Stock Performance – 15 Year Total Return
Data as of September 30, 2026 Source: S&P Global Market Intelligence Stock Performance – 15 Year Total Return 20
Slide 21: Important Statements
Important Statements Forward Looking Statements This document contains statements about the Company and its subsidiaries which we believe are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 regarding Southern Missouri Bancorp, Inc. (the “Compan
Slide 22: Forward Looking Statements continued
Forward Looking Statements continued Any forward-looking statements are based upon management’s beliefs and assumptions at the time they are made. The Company wishes to advise readers that the factors listed above and other risks described in our Annual Report on Form 10-K, including, without limita
Slide 23: Important Statements – Tangible Book Value Reconciliation
Important Statements Dollars in thousands, except per share data Common stockholders’ equity Less: Goodwill Less: Other intangible assets, net Tangible common equity Book value per common share Less: Intangible assets per common share Tangible book value per common share Share information Common sha
Slide 24: Important Statements – Core Net Income Reconciliation
Important Statements For the three : For the year ended __ ths ended Dollars in thousands, except per share data June 30, 2023 ine 30,2025 June 30, 2026 Net income S$ 39237 § S$ 58578 $ 71839 $ 19,097 Non-core (income) and expense items: ‘Net interest income resulting from accretion of fair value di
Slide 25: Thank You
Thank You. Matt Funke President and Chief Administrative Officer Greg Steffens Chairman and Chief Executive Officer 25
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