Great Western Bancorp (GWB) Raises Quarterly Dividend 25% to $0.25; 2.5% Yield

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Go back to Great Western Bancorp (GWB) Raises Quarterly Dividend 25% to $0.25; 2.5% Yield

Great Western Bancorp, Inc. Announces Fiscal Year 2018 Second Quarter Financial Results; Raises Dividend

April 26, 2018 7:00 AM EDT

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

Net income and adjusted net income1 were both $40.5 million, or $0.69 per diluted share, for the second quarter, compared to net income of $29.2 million, or $0.49 per diluted share, and adjusted net income1 of $42.8 million, or $0.72 per diluted share, which excludes a nonrecurring charge to provision for income taxes related to the Tax Cuts and Jobs Act of 2017 Net interest margin and adjusted net interest margin1, 2 were 3.92% and 3.86%,... More