Great Western Bancorp (GWB) Misses Q3 EPS by 10c

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

July 29, 2020 7:03 AM EDT

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

Net income of $5.4 million, or $0.10 per diluted share, compared to net loss of $740.6 million, or $13.25 per diluted share Capital ratios remain at well-capitalized levels with Tier 1 and total capital being 11.3% and 12.9%, respectively The Company's Board of Directors declared a quarterly dividend of $0.01 per share Net interest margin decreased 2 basis points to 3.57% while adjusted net interest margin 1, 2 decreased 8 basis points to 3.47%, as successful deposit cost... More