If you see Mark Funke at the Downtown Rotary lunch on Tuesday, he’ll probably be smiling.
Mainly because Funke is an upbeat kind of guy, especially for a banker. But also because he is CEO of this week’s eagle, the best-performing state-based stock for the trading week that just ended.
Shares of Southwest Bancorp, parent of Bank SNB, gained 6.3 percent last week to close Friday at $17.20. In late April, Raymond James upgraded its rating of OKSB to “outperform” and put a $20 target price on the stock.
Last week, the stock closed a bit higher than it opened each of the four trading days (markets were closed Memorial Day), and the price is edging ever nearer to its 52-week high. Volume was nice, but not dramatic. Overall, a solid but not spectacular week — just like you might imagine a banker would prefer.
Oh, and if you see Mr. Funke, remind him that he only has a couple of hours left in his workday. Bankers just love that joke.