Southwest Bancorp, Inc. (OKSB) Announces Quarterly Earnings Results
Southwest Bancorp, Inc. (NASDAQ:OKSB) announced its quarterly earnings results on Tuesday. The bank reported $0.31 EPS for the quarter, hitting the consensus estimate 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 period in the previous year, the company posted $0.28 EPS.
Shares of Southwest Bancorp (OKSB) traded up 0.78% during mid-day trading on Tuesday, hitting $26.00. 172,623 shares of the stock traded hands. The firm has a 50 day moving average of $25.34 and a 200 day moving average of $26.20. The company has a market cap of $485.86 million, a P/E ratio of 23.55 and a beta of 0.98. Southwest Bancorp has a 12 month low of $17.07 and a 12 month high of $29.70.
Several brokerages have commented on OKSB. UBS AG upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 5th. Stephens reiterated a “hold” rating on shares of Southwest Bancorp in a research note on Tuesday. 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 note on Tuesday, July 4th. Raymond James Financial, Inc. upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 5th. Finally, Sandler O’Neill upgraded shares of Southwest Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, April 26th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock 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.
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