Great Western Bancorp (GWB) Reports In-Line Q2 EPS

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Great Western Bancorp, Inc. Announces 13% Increase in EPS in Fiscal Year 2019 Second Quarter Financial Results; Raises Dividend

April 25, 2019 7:00 AM EDT

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

Net income was $44.5 million, or $0.78 per diluted share, compared to $45.8 million, or $0.79 per diluted share, for the prior quarter and $40.5 million, or $0.69 per diluted share, for the second quarter of fiscal year 2018, a 13.0% increase Net interest margin and adjusted net interest margin1, 2 were 3.75% and 3.76%, decreases of 6 and 5 basis points, respectively Expense control remained strong with the efficiency ratio1 at 45.6% for the quarter and 45.8% for... More