BlackRock Discloses 5.0% Passive Stake in Southern Missouri Bancorp
Ticker: SMBC · Form: SC 13G · Filed: Jan 29, 2024 · CIK: 916907
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**BlackRock owns 5% of Southern Missouri Bancorp, but it's a passive investment.**
AI Summary
BlackRock Inc., a major investment firm, reported on January 29, 2024, that it holds 5.0% of the Common Stock of Southern Missouri Bancorp, Inc. as of December 31, 2023. This filing indicates BlackRock's significant, but passive, ownership stake in the regional bank. For investors, this means a large institutional investor sees value in Southern Missouri Bancorp, potentially signaling stability or growth prospects, but BlackRock isn't looking to influence management decisions.
Why It Matters
This filing shows a major institutional investor, BlackRock, has a significant stake in Southern Missouri Bancorp, which can be a vote of confidence for the company's stability and future prospects.
Risk Assessment
Risk Level: low — This filing indicates a passive institutional investment, which generally doesn't pose a direct risk to the company or its shareholders.
Analyst Insight
Investors should note that a major institutional investor like BlackRock sees value in Southern Missouri Bancorp, but this passive stake doesn't suggest any immediate strategic changes or activist involvement. It's a data point for long-term confidence rather than short-term trading.
Key Numbers
- 5.0% — Ownership Percentage (BlackRock's stake in Southern Missouri Bancorp, Inc.)
Key Players & Entities
- BlackRock Inc. (company) — the filer, reporting a significant ownership stake
- Southern Missouri Bancorp, Inc. (company) — the subject company in which BlackRock holds shares
- 5.0% (dollar_amount) — the percentage of Southern Missouri Bancorp's Common Stock owned by BlackRock
- December 31, 2023 (person) — the date of the event requiring this filing
Forward-Looking Statements
- BlackRock will maintain a passive investment in Southern Missouri Bancorp, Inc. for the foreseeable future. (BlackRock Inc.) — high confidence, target: December 31, 2024
FAQ
Who filed this SC 13G statement?
BlackRock Inc. filed this SC 13G statement, as indicated by the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company is the subject of this SC 13G filing?
The subject company is SOUTHERN MISSOURI BANCORP, INC., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN MISSOURI BANCORP, INC.' and in the Schedule 13G title.
What percentage of Southern Missouri Bancorp, Inc.'s stock does BlackRock Inc. own, according to this filing?
While the specific share count isn't in the provided snippet, the summary indicates BlackRock Inc. holds 5.0% of the Common Stock of Southern Missouri Bancorp, Inc.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), indicated by the '[X] Rule 13d-1(b)' checkbox.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 29, 2024 by December 31, 2023 regarding SOUTHERN MISSOURI BANCORP, INC. (SMBC).