Great Southern Bancorp (NASDAQ:GSBC) Releases Quarterly Earnings Results, Beats Expectations By $0.19 EPS

Great Southern Bancorp (NASDAQ:GSBC) posted its earnings results on Tuesday. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.19, Fidelity Earnings reports. Great Southern Bancorp had a net margin of 25.50% and a return on equity of 10.16%.

Great Southern Bancorp stock traded down $1.00 during midday trading on Thursday, reaching $50.55. The company had a trading volume of 363 shares, compared to its average volume of 39,915. The company has a market capitalization of $693.55 million, a P/E ratio of 11.38 and a beta of 0.97. Great Southern Bancorp has a 12-month low of $34.32 and a 12-month high of $60.54. The business has a fifty day moving average of $54.69. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.29.

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 13th. Investors of record on Monday, June 28th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend was Friday, June 25th. Great Southern Bancorp’s dividend payout ratio is presently 32.30%.

In other Great Southern Bancorp news, VP Linton J. Thomason sold 4,150 shares of the firm’s stock in a transaction that occurred on Thursday, April 29th. The shares were sold at an average price of $56.60, for a total value of $234,890.00. Also, VP John M. Bugh sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 12th. The stock was sold at an average price of $55.93, for a total transaction of $195,755.00. Following the completion of the transaction, the vice president now directly owns 5,290 shares in the company, valued at $295,869.70. The disclosure for this sale can be found here. Insiders sold a total of 9,850 shares of company stock worth $558,245 over the last ninety days. 24.27% of the stock is currently owned by corporate insiders.

Separately, Zacks Investment Research lowered shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, June 25th.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.

Recommended Story: Do equity income investments outperform growth and income investments?

Earnings History for Great Southern Bancorp (NASDAQ:GSBC)

Receive News & Ratings for Great Southern Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Southern Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.