Great Western Bancorp (GWB) Tops Q1 EPS by 1c
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Great Western Bancorp, Inc. Announces Fiscal Year 2017 First Quarter Financial Results
January 26, 2017 7:00 AM ESTHighlights for the First Quarter of Fiscal Year 2017
First quarter net income increased 21.1% to $36.9 million, or $0.63 per diluted share, compared to $30.5 million, or $0.55 per diluted share, for the same quarter in fiscal year 2016 The efficiency ratio1 of 45.1% was comparable to the same quarter in fiscal year 2016 and an improvement from 48.5% in the September 2016 quarter Net interest margin and adjusted net interest margin1 each decreased slightly compared to the September 2016 quarter primarily driven by a higher average balance of interest bearing bank deposits Loan and... More