Great Western Bancorp (GWB) Tops Q1 EPS by 9c

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Great Western Bancorp, Inc. Announces Fiscal Year 2018 First Quarter Financial Results

January 25, 2018 7:00 AM EST

Highlights for the First Quarter of Fiscal Year 2018 (all comparisons in this document refer to the fourth quarter of fiscal year 2017, except as noted)

First quarter net income was $29.2 million, or $0.49 per diluted share, compared to $37.7 million, or $0.64 per diluted share Adjusted net income1, which excludes the nonrecurring charge to provision for income taxes of $13.6 million related to revaluation of the Company's deferred taxes, was $42.8 million or $0.72 per diluted share Net interest margin and adjusted net interest margin1, 2 were 3.89% and 3.80%, respectively, decreases of 4 and 2... More