Great Southern Bancorp (NASDAQ:GSBC) Announces Quarterly Earnings Results

by · The Markets Daily

Great Southern Bancorp (NASDAQ:GSBC – Get Free Report) released its quarterly earnings data on Wednesday. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21, Zacks reports. The company had revenue of $55.92 million during the quarter, compared to analysts’ expectations of $55.53 million. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%.

Great Southern Bancorp Price Performance

Shares of NASDAQ GSBC opened at $53.95 on Friday. The firm has a market cap of $625.71 million, a P/E ratio of 10.26 and a beta of 0.50. The business’s 50 day moving average is $56.17 and its 200-day moving average is $58.90. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. Great Southern Bancorp has a 1-year low of $47.57 and a 1-year high of $68.02.

Great Southern Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend was Monday, March 31st. Great Southern Bancorp’s payout ratio is 30.42%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reduced their price objective on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a research report on Thursday, January 23rd.

View Our Latest Stock Analysis on Great Southern Bancorp

Insider Activity at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of Great Southern Bancorp stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the completion of the sale, the vice president now owns 14 shares in the company, valued at $840.28. The trade was a 99.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 27.93% of the stock is currently owned by corporate insiders.

Great Southern Bancorp Company Profile

(Get Free Report)

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides 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.

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