Great Western Bancorp (GWB) Reports In-Line Q1 EPS

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Great Western Bancorp, Inc. Announces Earnings of $43.3 Million for First Quarter Fiscal Year 2020 and Dividends of $0.30 Per Share

January 28, 2020 7:02 AM EST

Highlights for the First Quarter of Fiscal Year 2020 (all quarterly comparisons in this document refer to the fourth quarter of fiscal year 2019, except as noted)

Net income was $43.3 million, or $0.77 per diluted share, compared to $50.3 million, or $0.89 per diluted share Net interest margin decreased 2 basis points to 3.68% while adjusted net interest margin1, 2 decreased 4 basis points to 3.65% Expense control remained strong with an efficiency ratio1 of 46.2% Total loans were $9.63 billion, a decline of $80.5 million, or... More