Great Southern Bancorp (NASDAQ:GSBC) Announces Quarterly Earnings Results, Beats Estimates 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 for the quarter, beating the Thomson Reuters’ consensus estimate of $1.27 by $0.19, Fidelity Earnings reports. Great Southern Bancorp had a return on equity of 10.16% and a net margin of 25.50%.

Great Southern Bancorp stock opened at $51.55 on Thursday. Great Southern Bancorp has a fifty-two week low of $34.32 and a fifty-two week high of $60.54. The stock has a market capitalization of $707.27 million, a P/E ratio of 11.38 and a beta of 0.97. The business’s fifty day moving average is $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 announced 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 2.64%. The ex-dividend date was Friday, June 25th. Great Southern Bancorp’s payout ratio is currently 32.30%.

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

In other Great Southern Bancorp news, insider Douglas W. Marrs sold 2,200 shares of the firm’s stock in a transaction dated Monday, May 10th. The shares were sold at an average price of $58.00, for a total transaction of $127,600.00. Following the sale, the insider now directly owns 1,625 shares of the company’s stock, valued at approximately $94,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP John M. Bugh sold 3,500 shares of Great Southern Bancorp stock in a transaction dated Wednesday, May 12th. The stock was sold at an average price of $55.93, for a total transaction of $195,755.00. Following the sale, the vice president now owns 5,290 shares of the company’s stock, valued at $295,869.70. The disclosure for this sale can be found here. Insiders sold 9,850 shares of company stock worth $558,245 over the last 90 days. Company insiders own 24.27% of the company’s stock.

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.

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Earnings History for Great Southern Bancorp (NASDAQ:GSBC)

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