SMBC Stock Summary and Trading Ideas (Southern Missouri Bancorp | NASDAQ:SMBC)

Southern Missouri Bancorp Inc is a us-based holding company for Southern Missouri Savings Bank. The principal business of the bank consists of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, and to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans. It is engaged in providing the range of banking and financial services to individuals and corporate customers in its market areas. The company derives revenue principally from interest earned on loans, debt securities, bank card interchange fees, loan late charges and another fee income.

Southern Missouri Bancorp trades on the NASDAQ stock market under the symbol SMBC.

As of April 29, 2024, SMBC stock price declined to $40.83 with 12,872 million shares trading.

SMBC has a beta of 1.01, meaning it tends to be more sensitive to market movements. SMBC has a correlation of 0.11 to the broad based SPY ETF.

SMBC has a market cap of $464.26 million. This is considered a Small Cap stock.

Last quarter Southern Missouri Bancorp reported $40 million in Revenue and $1.07 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.04.

In the last 3 years, SMBC stock traded as high as $61.93 and as low as $30.28.

The top ETF exchange traded funds that SMBC belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

SMBC has underperformed the market in the last year with a return of +18.2%, while the SPY ETF gained +27.8%. In the last 3 month period, SMBC fell short of the market, returning -17.4%, while SPY returned +5.0%. However, in the most recent 2 weeks SMBC has outperformed the stock market by returning +1.4%, while SPY returned -0.2%.

SMBC support price is $39.42 and resistance is $42.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMBC stock will trade within this expected range on the day.