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Southern Missouri Bancorp (SMBC) Reports Prelim Q1 EPS of 50c

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SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY RESULTS FOR FIRST QUARTER OF FISCAL 2017; DECLARES QUARTERLY DIVIDEND OF $0.10 PER COMMON SHARE; SCHEDULES CONFERENCE CALL TO DISCUSS RESULTS FOR TUESDAY,

October 24, 2016 5:30 PM EDT

Poplar Bluff, Missouri, Oct. 24, 2016 (GLOBE NEWSWIRE) --

Southern Missouri Bancorp, Inc. (Company) (NASDAQ: SMBC), the parent corporation of Southern Bank (Bank), today announced preliminary net income available to common stockholders for the first quarter of fiscal 2017 of $3.7 million, an increase of $124,000, or 3.5%, as compared to the same period of the prior fiscal year. The increase was attributable to increased net interest income and noninterest income, a reduction in provision for income taxes, and the elimination of preferred dividends as a result of the October 2015 preferred share repurchase, partially offset by... More