Great Western Bancorp (GWB) Tops Q2 EPS by $1.07

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Go back to Great Western Bancorp (GWB) Tops Q2 EPS by $1.07

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

April 29, 2021 7:03 AM EDT

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

Net income of $51.3 million, or $0.93 per diluted share, up from $41.3 million, or $0.75 per diluted share Net interest income1 of $104.4 million, down from $109.5 million, with net interest margin1 of 3.51%, down from 3.63% Noninterest income of $17.2 million, up from $14.1 million Noninterest expense of $59.1 million, up from $57.4 million Total loans of $9.01 billion, down $506.5 million, including a reduction of $132.7 million in Paycheck Protection Program ("PPP") loans Average deposits of... More