Southwest Bancorp, Inc. (NASDAQ:OKSB) posted its quarterly earnings results on Tuesday. The bank reported $0.31 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.31, Bloomberg Earnings reports. Southwest Bancorp had a net margin of 19.60% and a return on equity of 7.38%. During the same quarter last year, the firm earned $0.28 EPS.
Shares of Southwest Bancorp (NASDAQ OKSB) traded up 0.78% during trading on Tuesday, reaching $26.00. 172,623 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $25.34 and a 200-day moving average price of $26.20. The stock has a market capitalization of $485.86 million, a price-to-earnings ratio of 23.55 and a beta of 0.98. Southwest Bancorp has a 52 week low of $17.07 and a 52 week high of $29.70.
ILLEGAL ACTIVITY NOTICE: This report was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://stocknewstimes.com/2017/07/25/southwest-bancorp-inc-nasdaqoksb-announces-earnings-results-hits-estimates.html.
A number of research firms recently weighed in on OKSB. Stephens restated a “hold” rating on shares of Southwest Bancorp in a research report on Tuesday. UBS AG upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 5th. Zacks Investment Research upgraded shares of Southwest Bancorp from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research report on Tuesday, July 4th. Sandler O’Neill upgraded shares of Southwest Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, April 26th. Finally, Raymond James Financial, Inc. upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 5th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Southwest Bancorp currently has an average rating of “Hold” and a consensus target price of $25.00.
Southwest Bancorp Company Profile
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.
Receive News & Ratings for Southwest Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwest Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
