Great Western Bancorp (GWB) Tops Q3 EPS by 31c

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

July 29, 2021 7:03 AM EDT

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

Net income of $58.7 million, or $1.06 per diluted share, up from $51.3 million, or $0.93 per diluted share Net interest income1 of $99.1 million, down from $104.4 million, with net interest margin1 of 3.23%, down from 3.51% Noninterest income of $19.4 million, up from $17.2 million Noninterest expense of $60.5 million, up from $59.1 million Total loans of $8.48 billion, down $533.6 million, including a reduction of $201.9 million in Paycheck Protection Program ("PPP") loans Total deposits of... More