Great Western Bancorp (GWB) Tops Q2 EPS by 3c
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Great Western Bancorp, Inc. Announces Fiscal Year 2016 Second Quarter Financial Results
April 28, 2016 7:00 AM EDTHighlights for the Second Quarter of Fiscal Year 2016
Second quarter net income was $30.7 million, or $0.55 per diluted share, bringing fiscal year-to-date net income to $61.1 million, or $1.10 per diluted share Net interest margin and adjusted net interest margin1 were 3.99% and 3.75%, respectively, each slight increases over the prior quarter Net charge-offs during the quarter were $1.9 million, or 0.10% of average loans on an annualized basis, and loans graded "Substandard" decreased compared to December 31, 2015 The efficiency ratio1 remained strong at 45.5%, compared to 51.7% for the same quarter of fiscal year... More