Magazine : Archives : 4th Quarter 2018

Five Questions for Bank Boards

If you rank all of the publicly traded banks in the country by total all-time shareholder return, Great Southern Bancorp comes in fifth, with a lifetime total return of nearly 15,000 percent. There are a number of explanations for the success of the $4.6 billion asset bank based in Springfield, Missouri, but one is the substantial skin in the game Chairman Bill Turner and CEO Joe Turner have in the bank, with the Turner family owning more than a quarter of its outstanding common stock. As Joe Turner explains below, in comments edited for brevity and flow, this plays a...