Southwest Bancorp, Inc. (OKSB) to Release Earnings on Monday
Southwest Bancorp, Inc. (NASDAQ:OKSB) is scheduled to post its quarterly earnings results after the market closes on Monday, October 16th. Analysts expect Southwest Bancorp to post earnings of $0.32 per share for the quarter.
Southwest Bancorp (NASDAQ:OKSB) last posted its earnings results on Tuesday, July 25th. The bank reported $0.31 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.31. Southwest Bancorp had a net margin of 19.38% and a return on equity of 7.44%. The business had revenue of $25.89 million for the quarter, compared to analyst estimates of $24.97 million. During the same quarter in the prior year, the firm earned $0.28 EPS. On average, analysts expect Southwest Bancorp to post $1.22 EPS for the current fiscal year and $1.3 EPS for the next fiscal year.
Shares of Southwest Bancorp, Inc. (OKSB) opened at 27.90 on Friday. Southwest Bancorp, Inc. has a 12-month low of $17.07 and a 12-month high of $29.70. The company has a market cap of $521.31 million, a price-to-earnings ratio of 24.69 and a beta of 0.98. The stock has a 50 day moving average of $26.58 and a 200 day moving average of $25.68.
A number of brokerages recently commented on OKSB. Keefe, Bruyette & Woods restated a “hold” rating and issued a $29.00 price target on shares of Southwest Bancorp in a research report on Thursday, August 10th. Stephens restated a “hold” rating on shares of Southwest Bancorp in a research report on Tuesday, July 25th. Raymond James Financial, Inc. upgraded Southwest Bancorp from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 5th. UBS AG upgraded Southwest Bancorp from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 5th. Finally, Zacks Investment Research cut Southwest Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $26.33.
About Southwest Bancorp
Southwest Bancorp, Inc is a financial holding company. The Company operates in four segments: Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations. The Oklahoma Banking segment provides deposit and lending services and consists of residential mortgage lending services to customers. The Texas Banking segment and the Kansas Banking segment provide deposit and lending services.
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