Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for
Great Southern Bank, expects to report second quarter 2021
preliminary earnings after the market closes on Wednesday, July 21,
2021, and host a conference call on Thursday, July 22, 2021, at
2:00 p.m. Central Time (3:00 p.m. Eastern Time).
Individuals interested in listening to the conference call may
dial 1.833.832.5121 and enter the passcode 9585774. The call will
be available live or in a recorded version at the Company’s
Investor Relations website,
https://investors.greatsouthernbank.com.
The Company will notify the public that second quarter 2021
results have been issued through a news release and will post the
results to the Company’s Investor Relations website. The earnings
release will also be available on the Securities and Exchange
Commission’s (SEC) website, www.sec.gov, as an exhibit to a Current
Report on Form 8-K that will be furnished by the Company to the
SEC.
With total assets of $5.6 billion, Great Southern offers a broad
range of banking services to commercial and consumer customers.
Headquartered in Springfield, Missouri, the Company operates 94
retail banking centers in Missouri, Iowa, Kansas, Minnesota,
Arkansas and Nebraska, and commercial loan production offices in
Atlanta, Chicago, Dallas, Denver, Omaha, Nebraska, and Tulsa,
Oklahoma. Great Southern Bancorp is a public company and its common
stock (ticker: GSBC) is listed on the NASDAQ Global Select
Market.
www.GreatSouthernBank.com
Forward-Looking Statements
When used in this press release and in other documents filed or
furnished by Great Southern Bancorp, Inc. (the “Company”) with the
SEC, in the Company's other press releases or other public or
stockholder communications, and in oral statements made with the
approval of an authorized executive officer, the words or phrases
“may,” “might,” “could,” “should,” "will likely result," "are
expected to," "will continue," "is anticipated," “believe,”
"estimate," "project," "intends" or similar expressions are
intended to identify "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements also include, but are not limited to,
statements regarding plans, objectives, expectations or
consequences of announced transactions, known trends and statements
about future performance, operations, products and services of the
Company. The Company’s ability to predict results or the actual
effects of future plans or strategies is inherently uncertain, and
the Company’s actual results could differ materially from those
contained in the forward-looking statements. The novel coronavirus
disease, or COVID-19, pandemic has adversely affected the Company,
its customers, counterparties, employees, and third-party service
providers, and the ultimate extent of the impacts on the Company’s
business, financial position, results of operations, liquidity, and
prospects is uncertain. While general business and economic
conditions have recently improved, increases in unemployment rates,
or turbulence in domestic or global financial markets could
adversely affect the Company’s revenues and the values of its
assets and liabilities, reduce the availability of funding, lead to
a tightening of credit, and further increase stock price
volatility. In addition, changes to statutes, regulations, or
regulatory policies or practices as a result of, or in response to,
COVID-19, could affect the Company in substantial and unpredictable
ways.
Other factors that could cause or contribute to such differences
include, but are not limited to: (i) expected revenues, cost
savings, earnings accretion, synergies and other benefits from the
Company's merger and acquisition activities might not be
realized within the anticipated time frames or at all, and costs or
difficulties relating to integration matters, including but not
limited to customer and employee retention, might be greater than
expected; (ii) changes in economic conditions, either nationally or
in the Company's market areas; (iii) fluctuations in interest
rates; (iv) the risks of lending and investing activities,
including changes in the level and direction of loan delinquencies
and write-offs and changes in estimates of the adequacy of the
allowance for credit losses; (v) the possibility of impairments of
securities held in the Company's investment portfolio; (vi) the
Company's ability to access cost-effective funding; (vii)
fluctuations in real estate values and both residential and
commercial real estate market conditions; (viii) the ability to
adapt successfully to technological changes to meet customers'
needs and developments in the marketplace; (ix) the possibility
that security measures implemented might not be sufficient to
mitigate the risk of a cyber-attack or cyber theft, and that such
security measures might not protect against systems failures or
interruptions; (x) legislative or regulatory changes that adversely
affect the Company's business, including, without limitation, the
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
and its implementing regulations, the overdraft protection
regulations and customers' responses thereto and the Tax Cut and
Jobs Act; (xi) changes in accounting policies and practices or
accounting standards; (xii) monetary and fiscal policies of the
Federal Reserve Board and the U.S. Government and other
governmental initiatives affecting the financial services industry;
(xiii) results of examinations of the Company and Great Southern
Bank by their regulators, including the possibility that the
regulators may, among other things, require the Company to limit
its business activities, change its business mix, increase its
allowance for credit losses, write-down assets or increase its
capital levels, or affect its ability to borrow funds or maintain
or increase deposits, which could adversely affect its liquidity
and earnings; (xiv) costs and effects of litigation, including
settlements and judgments; (xv) competition; (xvi) uncertainty
regarding the future of LIBOR and potential replacement indexes;
and (xvii) natural disasters, war, terrorist activities or civil
unrest and their effects on economic and business environments in
which the Company operates. The Company wishes to advise readers
that the factors listed above and other risks described from time
to time in documents filed or furnished by the Company with the SEC
could affect the Company's financial performance and could cause
the Company's actual results for future periods to differ
materially from any opinions or statements expressed with respect
to future periods in any current statements.
The Company does not undertake-and specifically declines any
obligation- to publicly release the result of any revisions which
may be made to any forward-looking statements to reflect events or
circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events.
Reporters May Contact:
Kelly Polonus, Great Southern Bank, (417) 895-5242
kpolonus@greatsouthernbank.com
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