Great Western Bancorp (GWB) Tops Q1 EPS by 36c

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Go back to Great Western Bancorp (GWB) Tops Q1 EPS by 36c

Great Western Bancorp, Inc. Announces Earnings for First Quarter Fiscal Year 2021

January 27, 2021 7:02 AM EST

Highlights for the First Quarter of Fiscal Year 2021 (all quarterly comparisons in this document refer to the fourth quarter of fiscal year 2020, except as noted)

Net income of $41.3 million, or $0.75 per diluted share, up from $11.1 million, or $0.20 per diluted share Net interest income1 of $109.5 million, up from $107.5 million, with net interest margin1 of 3.63%, up from 3.51% Noninterest income of $14.1 million, up from a loss of $4.0 million Noninterest expense of $57.4 million, down from $74.9 million Average total loans of $9.57 billion, a decrease of $0.45 billion Includes the sale of... More