Great Southern Bancorp (NASDAQ:GSBC) Announces Quarterly Earnings Results, Beats Expectations By $0.21 EPS

Great Southern Bancorp (NASDAQ:GSBC) released its earnings results 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 firm had revenue of $55.92 million for 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 Trading Up 3.6 %

Shares of GSBC stock opened at $53.95 on Friday. 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. The stock has a 50-day moving average of $56.17 and a 200-day moving average of $58.90. The stock has a market cap of $625.71 million, a price-to-earnings ratio of 10.26 and a beta of 0.50.

Great Southern Bancorp Dividend Announcement

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

Insider Transactions at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 5,000 shares of the business’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the transaction, the vice president now owns 14 shares in the company, valued at $840.28. The trade was a 99.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 27.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler lowered 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.

Great Southern Bancorp Company Profile

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.