Great Western Bancorp (GWB) Raises Quarterly Dividend 16.7% to $0.14; 2.1% Yield

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Great Western Bancorp, Inc. Declares Increased Quarterly Cash Dividend

October 29, 2015 7:02 AM EDT

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- The Board of Directors of Great Western Bancorp, Inc. (NYSE: GWB) today announced that its Board of Directors has declared a quarterly cash dividend to its stockholders.

A quarterly cash dividend of $0.14 per common share, an increase of $0.02 per common share, or 16.7%, compared to past dividends, will be paid on... More

Great Western Bancorp, Inc. Announces Fiscal Year 2015 Fourth Quarter Financial Results; Sets Annual Stockholder Meeting Date

October 29, 2015 7:00 AM EDT

Highlights for the Fourth Quarter of Fiscal Year 2015

Fourth quarter net income was $33.8 million, or $0.60 per share, bringing net income for fiscal year 2015 to $109.1 million, or $1.90 per share Net interest margin and adjusted net interest margin1 each increased compared to the previous quarter to 3.98% and 3.72%, respectively Net charge-offs during the quarter were minimal at $0.4 million or 0.02% of average loans on an annualized basis The efficiency ratio1 for the quarter was 45.8%, favorable compared to the previous quarter primarily due to a decrease in tangible noninterest expense1... More