Great Western Bancorp (GWB) Tops Q1 EPS by 2c

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Great Western Bancorp, Inc. Announces Fiscal Year 2019 First Quarter Financial Results

January 24, 2019 7:00 AM EST

Highlights for the First Quarter of Fiscal Year 2019 (all quarterly comparisons in this document refer to the fourth quarter of fiscal year 2018, except as noted)

Net income was $45.8 million, or $0.79 per diluted share, compared to $42.3 million, or $0.72 per diluted share Net interest margin and adjusted net interest margin1, 2 were each 3.81%, increases of 2 and 4 basis points, respectively The efficiency ratio1 was 46.1% for the quarter Total loans grew to $9.77 billion, an increase of $351.6 million, or 3.7%, for the quarter Total deposits grew to... More