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Great Western Bankcorp-Earnings Snapshot

Great Western Bankcorp-Earnings Snapshot

Great Western Bancorp: Fiscal 2Q Earnings Snapshot


The Associated Press - April 24, 2019

SIOUX FALLS, S.D. - Great Western Bancorp Inc. (GWB) on Thursday reported fiscal second-quarter net income of $44.5 million.

The bank, based in Sioux Falls, South Dakota, said it had earnings of 78 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The holding company for Great Western Bank posted revenue of $152.1 million in the period. Its revenue net of interest expense was $121.7 million, which also missed Street forecasts. Three analysts surveyed by Zacks expected $123 million.

Great Western Bancorp shares have climbed nearly 9 percent since the beginning of the year.

The stock has dropped 15 percent in the last 12 months.



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