Great Southern Bancorp Announces Expense Savings Plan

Great Southern Bancorp aims to save $4.4M-$4.8M starting Q4 2026 Great Southern Bancorp plans to consolidate 9 banking centers, resulting in expense savings of $4.4M-$4.8M beginning Q4 2026. The company reported Q2 net income of $15.8 million, or $1.43 per diluted s

Great Southern Bancorp aims to save $4.4M-$4.8M starting Q4 2026

Great Southern Bancorp plans to consolidate 9 banking centers, resulting in expense savings of $4.4M-$4.8M beginning Q4 2026.

The company reported Q2 net income of $15.8 million, or $1.43 per diluted share, which was negatively impacted by several one-time expenses.

The consolidation is expected to improve the bank’s efficiency and reduce costs, starting in Q4 2026.

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