-
Posted by
Two Blokes Apr 28 -
Filed in
Stock
-
2 views
Southern Missouri Bancorp struggled more than most in the face of higher funding costs, with the bank's net interest margin contracting sharply during the hiking cycle. Southern's liability-sensitive balance sheet has left it better positioned in the easing cycle, with its NIM rebuild continuing last quarter. As economic fears grow, I would take comfort from Southern's credit quality history, with this bank historically recording lower losses than peers.
