Great Western Bancorp (GWB) Raises Quarterly Dividend 17.6% to $0.20; 1.8% Yield

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Go back to Great Western Bancorp (GWB) Raises Quarterly Dividend 17.6% to $0.20; 1.8% Yield

Great Western Bancorp, Inc. Announces Fiscal Year 2017 Second Quarter Financial Results; Raises Dividend

April 27, 2017 7:05 AM EDT

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- Great Western Bancorp, Inc. (NYSE: GWB):

Highlights for the Second Quarter of Fiscal Year 2017

Second quarter net income was $35.2 million, or $0.60 per diluted share, a 14.6% increase in net income compared to $30.7 million, or $0.55 per diluted share, for the same quarter of fiscal year 2016 Net interest margin and adjusted net interest margin1 were 3.98% and 3.83%, respectively, increases of 9 and 12 basis points, respectively, compared to the quarter ended December 31, 2016 The Company's Board of Directors declared a quarterly... More