Great Western Bancorp (GWB) Misses Q4 EPS by 20c

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Great Western Bancorp, Inc. Announces Earnings for Fourth Quarter & Full Fiscal Year 2020

October 28, 2020 7:04 AM EDT

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

Net income of $11.1 million, or $0.20 per diluted share, compared to net income of $5.4 million, or $0.10 per diluted share Net interest income of $107.5 million, compared to $107.9 million, with net interest margin 1 of 3.51%, down from 3.57% Noninterest loss of $4.0 million, compared to a loss of $11.7 million Average net loans of $10.02 billion, flat with prior quarter Average deposits of $11.03 billion, an increase of $0.21... More