Southwest Bancorp (OKSB) Releases Earnings Results, Misses Expectations By $-0.04 EPS

Southwest Bancorp (OKSB) announced its most recent quarterly financial results on Tuesday, Oct-18-2016. OKSB reported $0.23 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.27. Analysts expectations of $24.08 million. During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on Southwest Bancorp. Hovde Group Downgraded Southwest Bancorp on Sep 9, 2016 to ” Market Perform”, Price Target of the shares are set at $21.

Southwest Bancorp closed down -0.07 points or -0.38% at $18.5 with 26,652 shares getting traded on Friday. Post opening the session at $18.68, the shares hit an intraday low of $18.47 and an intraday high of $18.74 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jul 6, 2016, James M Ii Morris (director) purchased 1,200 shares at $16.20 per share price. According to the SEC, on Jun 2, 2016, Russell William Teubner (director) purchased 310 shares at $16.91 per share price. On Jan 28, 2016, Mark W Funke (CEO) purchased 1,000 shares at $15.57 per share price, according to the Form-4 filing with the securities and exchange commission.

Southwest Bancorp Inc. (Southwest) is a financial holding company. The Company operates in five segments: Oklahoma Banking Texas Banking and Kansas Banking which provides deposit and lending services; Mortgage Banking which consists of residential mortgage lending services to customers and Other Operations that includes funds management (investment portfolio and funding) and corporate investments. The Company focuses on providing customers with service and meeting the banking needs by offering a variety of commercial and consumer banking services including commercial and consumer lending deposit and investment services specialized cash management and other financial services and products. The Company focuses on the financial needs of healthcare and health professionals commercial real estate borrowers businesses and the managers and owners commercial lending and energy banking. The healthcare and real estate industries make up the majority of the Company’s loan portfolio.

Southwest Bancorp

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