Great Western Bancorp (GWB) Reports In-Line Q1 EPS

Great Western Bancorp (NYSE: GWB) reported Q1 EPS of $0.77, in-line with the analyst estimate of $0.77.

"We are pleased with the start to our 2020 fiscal year with good earnings underpinned by us managing the cost of our deposits and expenses well," said Ken Karels, Chairperson of the Board, President and Chief Executive Officer. "While we have seen substandard loan balances increase through the quarter due to the migration of a small number of individual exposures, we feel comfortable with our strategies of working with customers to rehabilitate or exit many of these relationships."

For earnings history and earnings-related data on Great Western Bancorp (GWB) click here.

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