Great Western Bancorp (GWB) Reports Q1 EPS of $0.52

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Great Western Bancorp, Inc. Announces Earnings for Second Quarter Fiscal Year 2020

April 30, 2020 7:04 AM EDT

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

Net loss of $740.6 million, or $(13.25) per diluted share, compared to net income of $43.3 million, or $0.77 per diluted share Adjusted net income1, which excludes the nonrecurring COVID-19 pandemic impact on goodwill, certain intangible assets and credit and other related charges, was $29.1 million, or $0.52 per diluted share, for the quarter and $72.4 million, or $1.29 per diluted share, for the first six months of 2020 Capital ratios remain strong with Tier 1 and total... More