Great Western Bancorp (GWB) Tops Q1 EPS by 1c
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Go back to Great Western Bancorp (GWB) Tops Q1 EPS by 1c
January 27, 2016 7:02 AM EST
SIOUX FALLS, S.D.--(BUSINESS WIRE)--
The Board of Directors of Great Western Bancorp, Inc. (NYSE:
GWB) today announced that it has declared a quarterly cash dividend
to its stockholders.
A quarterly cash dividend of $0.14 per common share will be paid on... More
January 27, 2016 7:00 AM EST
Highlights for the First Quarter of Fiscal Year 2016
First quarter net income was $30.5 million, or $0.55 per share,
compared to $26.7 million, or $0.46 per share, for the same quarter of
fiscal year 2015
Net interest margin was consistent with the previous quarter at 3.98%
while adjusted net interest margin1 increased by 1 basis
point to 3.73%
Net charge-offs during the quarter were negligible
The efficiency ratio1 improved to 45.1% from 48.5% compared
to the same quarter in fiscal year 2015, driven by a 4.5% increase in
total revenue and a 2.8% reduction in tangible noninterest expense...
More
