Great Western Bancorp (GWB) Tops Q4 EPS by 2c

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Great Western Bancorp, Inc. Announces Fiscal Year 2017 Fourth Quarter Financial Results; Strong Net Income Growth in Fiscal Year 2017

October 26, 2017 7:00 AM EDT

Highlights for the Fourth Quarter and Full Fiscal Year 2017 (all comparisons in this document refer to the third quarter of fiscal year 2017, except as noted)

Fourth quarter net income was $37.7 million, or $0.64 per diluted share, compared to $33.8 million, or $0.57 per diluted share, for the same period in fiscal year 2016, an 11.6% increase Net income for fiscal year 2017 was $144.8 million, or $2.45 per diluted share, compared to $121.3 million, or $2.14 per diluted share for fiscal year 2016, a 14.5% increase Net interest margin and adjusted net interest margin1, 2 were 4.00% and 3.90%, respectively, for the fourth quarter of... More