Southwest Bancorp (OKSB) Tops Q2 EPS by 4c

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Go back to Southwest Bancorp (OKSB) Tops Q2 EPS by 4c

Southwest Bancorp, Inc. Reports Results for Second Quarter 2016 and Announces Quarterly Dividend

July 19, 2016 5:15 PM EDT

STILLWATER, Okla., July 19, 2016 (GLOBE NEWSWIRE) -- Southwest Bancorp, Inc. (NASDAQ: OKSB), (Southwest), today reported net income for the second quarter of 2016 of $5.4 million, or $0.28 per diluted share, compared to $4.2 million, or $0.22 per diluted share, for the second quarter of 2015. Net income for the six months ended June 30, 2016 totaled $7.3 million, or $0.38 per diluted share, compared to $8.7 million, or $0.46 per diluted share, for the six months ended June 30, 2015. Included in the first six months of 2016 results is a first quarter $4.4 million loan loss provision primarily driven by the impact of low energy prices combined with... More