Great Southern Bancorp, Inc. announces quarterly dividend
December 19 2018 - 2:26PM
The Board of Directors of Great Southern Bancorp, Inc.
(NASDAQ:GSBC), the holding company for Great Southern Bank,
declared a $0.32 per common share dividend for the fourth quarter
of the calendar year ending December 31, 2018.
The dividend will be payable on January 15, 2019, to
shareholders of record on December 31, 2018. This dividend
represents the 116th consecutive dividend paid by the Company to
common shareholders.
With total assets of $4.6 billion, Great Southern offers a broad
range of banking services to commercial and consumer customers.
Headquartered in Springfield, Mo., the Company operates 99 retail
banking centers in Missouri, Arkansas, Iowa, Kansas, Minnesota and
Nebraska, and commercial loan production offices in Atlanta,
Chicago, Dallas, Denver, Omaha, Neb., and Tulsa, Okla. 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 the Company with the Securities and Exchange
Commission (the "SEC"), in the Company's 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 "will likely result," "are expected to," "will continue,"
"is anticipated," "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. Such statements are subject to certain risks and
uncertainties, including, among other things, (i) the possibility
that the changes in non-interest income, non-interest expense and
interest expense actually resulting from the Bank's recently
completed transaction with West Gate Bank might be materially
different from estimated amounts; (ii) the possibility that the
actual reduction in the Company’s effective tax rate expected to
result from H. R. 1, formerly known as the “Tax Cuts and Jobs Act”
(the “Tax Reform Legislation”) might be different from the
reduction estimated by the Company; (iii) 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; (iv) changes in economic conditions, either nationally or
in the Company's market areas; (v) fluctuations in interest rates;
(vi) 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 loan losses; (vii) the possibility of
other-than-temporary impairments of securities held in the
Company's securities portfolio; (viii) the Company's ability to
access cost-effective funding; (ix) fluctuations in real estate
values and both residential and commercial real estate market
conditions; (x) demand for loans and deposits in the Company's
market areas; (xi) the ability to adapt successfully to
technological changes to meet customers' needs and developments in
the marketplace; (xii) 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; (xiii)
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 Reform Legislation; (xiv)
changes in accounting principles, policies or guidelines; (xv)
monetary and fiscal policies of the Federal Reserve Board and the
U.S. Government and other governmental initiatives affecting the
financial services industry; (xvi) results of examinations of the
Company and the Bank by their regulators, including the possibility
that the regulators may, among other things, require the Company to
limit its business activities, changes its business mix, increase
its allowance for loan 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; (xvii) costs and effects of litigation, including
settlements and judgments; and (xviii) competition. 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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