|Bid||51.64 x 800|
|Ask||59.90 x 1200|
|Day's Range||56.62 - 57.46|
|52 Week Range||38.81 - 60.55|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||12.69|
|Earnings Date||Oct 19, 2021 - Oct 25, 2021|
|Forward Dividend & Yield||1.44 (2.59%)|
|Ex-Dividend Date||Sep 24, 2021|
|1y Target Est||59.00|
President and CEO, Joe Turner and Chief Financial Officer, Rex Copeland are on the call with me today. As is typical, I'll provide some brief remarks about the company's performance and then turn the call over to Rex Copeland, our CFO who will get into more detail on our financial results.
Great Southern Bancorp (GSBC) delivered earnings and revenue surprises of 10.37% and 0.98%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Preliminary Financial Results and Other Matters for the Quarter and Nine Months Ended September 30, 2021: CECL Adoption: As previously disclosed, effective January 1, 2021, Great Southern Bancorp, Inc. (the Company) adopted the Current Expected Credit Loss (CECL) accounting standard. The Company’s financial statements for periods prior to January 1, 2021, were prepared under the incurred loss accounting standard. The adoption of the CECL accounting standard during the first quarter of 2021 requi