Southwest Bancorp (OKSB) Raises Quarterly Dividend 33.3% to $0.08; 2.1% Yield

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Go back to Southwest Bancorp (OKSB) Raises Quarterly Dividend 33.3% to $0.08; 2.1% Yield

Southwest Bancorp, Inc. Reports Another Quarter of Solid Results for Fourth Quarter 2015 and Announces Increased Quarterly Dividend

January 19, 2016 5:15 PM EST

STILLWATER, Okla., Jan. 19, 2016 (GLOBE NEWSWIRE) -- Southwest Bancorp, Inc. (NASDAQ: OKSB), (Southwest), today reported net income for the fourth quarter of 2015 of $4.6 million, or $0.23 per diluted share, compared to $5.9 million, or $0.30 per diluted share, for the fourth quarter of 2014. Included in the prior years fourth quarter results was a negative (credit) provision for loan losses of $2.4 million versus a negative (credit) provision of $0.6 million for the quarter ended December 31, 2015. Net income for the year ended December 31, 2015 totaled $17.4 million, or $0.90 per diluted share, compared to $21.0 million, or $1.07 per diluted share, for the year ended December 31,... More