KeyCorp (KEY) has reported a positive performance in its third-quarter results, showcasing a notable increase in its net interest margin. The net interest margin rose to 3.39%, compared to 3.15% during the same period last year, and slightly up from 3.36% in the second quarter of this year. This improvement indicates better profitability from their interest-earning assets.
Additionally, the firm experienced significant growth in its tangible book value per share, which reached $40.37. This figure marks a substantial rise of $4.86, or 13.7%, since March 31, 2024, underscoring the company's strengthening financial position and capability to enhance shareholder value.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Southern Missouri Bancorp Inc (SMBC, Financial) is $67.33 with a high estimate of $75.00 and a low estimate of $62.00. The average target implies an upside of 36.11% from the current price of $49.47. More detailed estimate data can be found on the Southern Missouri Bancorp Inc (SMBC) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Southern Missouri Bancorp Inc's (SMBC, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Southern Missouri Bancorp Inc (SMBC, Financial) in one year is $56.45, suggesting a upside of 14.11% from the current price of $49.47. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Southern Missouri Bancorp Inc (SMBC) Summary page.
