Great Western Bancorp (GWB) Misses Q4 EPS by 6c

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Great Western Bancorp, Inc. Announces Fiscal Year 2018 Fourth Quarter Financial Results; Strong Net Income Growth and Tangible Book Value Per Share¹ in Fiscal Year 2018

October 25, 2018 7:01 AM EDT

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

Net income was $42.3 million, or $0.72 per diluted share, compared to $45.9 million, or $0.78 per diluted share Net interest margin and adjusted net interest margin1, 2 were 3.79% and 3.77%, decreases of 18 and 17 basis points, respectively The efficiency ratio1 was 48.1% for the quarter Noninterest expenses were well controlled during the quarter Total loans and total deposits grew $36.1 million, or 0.4%, and $148.2 million, or... More