Great Western Bancorp, Inc. operates as the bank holding company for Great Western Bank that provides business and agri-business banking, retail banking, and wealth management services in the United States. The company offers noninterest-bearing demand accounts, interest-bearing demand accounts, interest-bearing non-transaction accounts, time deposits, and corporate credit cards. It also provides commercial real estate (CRE) loans, including owner-occupied and non-owner-occupied CRE loans, multifamily residential real estate loans, and construction and development loans; commercial non-real estate loans, such as working capital and other shorter-term lines of credit, and fixed-rate loans; short-term working capital funding, long-term and-related lending, and other tailored services to agri-businesses; and residential mortgage, home equity, personal, auto, and other loans, as well as lines of credit. In addition, the company offers wealth management solutions comprising financial planning, private banking, investment management, and trust services; cash management, online business deposit, and wire transfer services; crop insurance; and online, telephone, and mobile banking services. It primarily serves hospitality/tourism, agri-business, freight and transport, and healthcare sectors. As of September 30, 2020, the company operated 175 branches in 130 communities in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota, as well as 163 ATMs and 11 company-owned ATMs at off-site locations. Great Western Bancorp, Inc. was founded in 1935 and is headquartered in Sioux Falls, South Dakota.
IPO Year: 2014
Exchange: NYSE
Website: greatwesternbank.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/17/2021 | $38.00 → $36.00 | Buy → Neutral | DA Davidson |
9/17/2021 | $35.00 → $33.00 | Outperform → Sector Perform | RBC Capital Mkts |
Great Western Bank (GreatWesternBank.com) is pleased to announce the appointment of Macala Carter as the Bank's first Director of Diversity, Equity and Inclusion (DEI). In this new role, Ms. Carter will spearhead the Bank's DEI strategy and develop measurable institutional outcomes in support of an inclusive and diverse workforce and culture reflective of the Bank's communities. Ms. Carter joined Great Western Bank in 2012. Ms. Carter was appointed Chair of the DEI Council in early 2021 and has already led several impactful initiatives, including the seven week #BeU Campaign where Bank employees pledged to support DEI efforts, participated in volunteer opportunities, training, the World Da
DA Davidson downgraded Great Western Bancorp from Buy to Neutral and set a new price target of $36.00 from $38.00 previously
RBC Capital Mkts downgraded Great Western Bancorp from Outperform to Sector Perform and set a new price target of $33.00 from $35.00 previously
JP Morgan upgraded Great Western Bancorp from Underweight to Neutral and set a new price target of $26.00
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
4 - Great Western Bancorp, Inc. (0001613665) (Issuer)
SC 13G/A - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G/A - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G/A - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G/A - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G/A - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G/A - Great Western Bancorp, Inc. (0001613665) (Subject)
SC 13G/A - Great Western Bancorp, Inc. (0001613665) (Subject)
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S-8 POS - Great Western Bancorp, Inc. (0001613665) (Filer)
S-8 POS - Great Western Bancorp, Inc. (0001613665) (Filer)
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8-K - Great Western Bancorp, Inc. (0001613665) (Filer)
8-K - Great Western Bancorp, Inc. (0001613665) (Filer)
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Highlights for the Quarter Ending on December 31, 2021 (all quarterly comparisons in this document refer to the quarter ending on September 30, 2021, except as noted) Net income of $39.2 million, or $0.71 per diluted share, down from $51.9 million, or $0.93 per diluted share Net interest income1 of $95.3 million, up from $95.1 million, with net interest margin1 of 3.05%, down from 3.10% Total loans of $8.13 billion, down $50.8 million, including a reduction of $121.9 million in Paycheck Protection Program ("PPP") loans $75.1 million of criticized loans secured by hotels, including $69.4 million substandard, were written down to $65.8 million and transferred to held for sale after be
Great Western Bancorp, Inc. (NYSE:GWB) ("GWB" or the "Company"), the parent company of Great Western Bank (www.greatwesternbank.com), announced today that it will release financial results for the quarter ending on December 31, 2021 on Thursday, January 27, 2022. Given the pending merger with First Interstate BancSystem, Inc. (NASDAQ:FIBK) ("FIBK"), this date coincides with FIBK's earnings release conference call on January 28, 2022, and Great Western will not be conducting an earnings conference call this quarter. The press release and the slide presentation relating to Great Western's earnings results will be available on the Company's Investor Relations website, ir.greatwesternbank.com.
The Board of Directors of Great Western Bancorp, Inc. (NYSE:GWB) today announced that it has declared a quarterly cash dividend to its stockholders. A quarterly cash dividend of $0.05 per common share will be paid on November 26, 2021, to all stockholders of record as of the close of business on November 12, 2021. Future dividends will be subject to Board approval. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loa
Highlights for the Quarter Ending on September 30, 2021 (all quarterly comparisons in this document refer to the quarter ending on June 30, 2021, except as noted) Net income of $51.9 million, or $0.93 per diluted share, down from $58.7 million, or $1.06 per diluted share Net interest income1 of $95.1 million, down from $99.1 million, with net interest margin1 of 3.10%, down from 3.23% Total loans of $8.19 billion, down $292.7 million, including a reduction of $152.9 million in Paycheck Protection Program ("PPP") loans Total deposits of $11.31 billion, down $227.3 million Allowance for credit losses ("ACL") of $246.0 million, down from $270.3 million, and a ratio of ACL to total lo
Great Western Bancorp, Inc. (NYSE:GWB), the parent company of Great Western Bank (www.greatwesternbank.com), announced today that it will release financial results for the quarter ending on September 30, 2021 on Tuesday, October 26, 2021. Given the pending merger with First Interstate BancSystem, Inc. (NASDAQ:FIBK), this modified date coincides with the FIBK's earnings release on October 27, 2021, and the Company will not be conducting an earnings conference call this quarter. The press release and the slide presentation relating to the Company's earnings results will be available on the Company's Investor Relations website, ir.greatwesternbank.com. About Great Western Bancorp, Inc. Great
Great Western Bancorp, Inc. (NYSE:GWB), the parent company of Great Western Bank (www.greatwesternbank.com), announced today that it will release financial results for the quarter ending on September 30, 2021 on Thursday, October 28, 2021. Given the pending merger with First Interstate BancSystem, Inc. (NASDAQ:FIBK), the Company will not be conducting an earnings conference call this quarter. The press release and the slide presentation relating to the Company's earnings results will be available on the Company's Investor Relations website, ir.greatwesternbank.com. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service r
Agreement Will Expand First Interstate's Footprint Into 8 New States, Creating the West's Premier Banking Franchise First Interstate BancSystem, Inc. (NASDAQ:FIBK) ("FIBK"), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE:GWB) ("GWB"), parent company of Great Western Bank, announced today they have entered into a definitive agreement under which the companies will combine in an all‐stock transaction. Under the terms of the agreement, which was unanimously approved by both companies' Boards of Directors, GWB will merge into FIBK and the combined holding company and bank will operate under the First Interstate name and brand with the company's headquarters rem
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 $11.27 billion, up $138.
The Board of Directors of Great Western Bancorp, Inc. (NYSE:GWB) today announced that it has declared a quarterly cash dividend to its stockholders. A quarterly cash dividend of $0.01 per common share will be paid on May 28, 2021, to all stockholders of record as of the close of business on May 14, 2021. Future dividends will be subject to Board approval. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loan products
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Great Western Bancorp, Inc. (NYSE: GWB) today reported net income of $41.3 million, or $0.75 per diluted share, for the first quarter of fiscal year 2021, compared to net income of $11.1 million, or $0.20 per diluted share, for the fourth quarter of fiscal year 2020. "Our quarterly results reflect the meaningful progress in key areas over the past several months," said Mark Borrecco, President and Chief Executive Officer. "Our focus on credit risk management resulted in a 10.0% decrease in nonaccrual loans. We reduced our hotel (excluding casino hotels) portfolio by 20.2% through multiple sales at a 12.0% discount to loan value, and our deferra
Highlights for the Quarter Ending on December 31, 2021 (all quarterly comparisons in this document refer to the quarter ending on September 30, 2021, except as noted) Net income of $39.2 million, or $0.71 per diluted share, down from $51.9 million, or $0.93 per diluted share Net interest income1 of $95.3 million, up from $95.1 million, with net interest margin1 of 3.05%, down from 3.10% Total loans of $8.13 billion, down $50.8 million, including a reduction of $121.9 million in Paycheck Protection Program ("PPP") loans $75.1 million of criticized loans secured by hotels, including $69.4 million substandard, were written down to $65.8 million and transferred to held for sale after be
NEW YORK, Jan. 26, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600: Constellation Energy Corp. (NASD:CEG) will replace The Gap Inc. (NYSE:GPS) in the S&P 500, The Gap will replace Jack in the Box Inc. (NASD:JACK) in the S&P MidCap 400, and Jack in the Box will replace Spectrum Pharmaceuticals Inc.(NASD:SPPI) in the S&P SmallCap 600 prior to the opening of trading on Thursday, February 3. S&P 500 and 100 constituent Exelon Corp. (NASD: EXC) is spinning off Constellation Energy in a transaction expected to be completed on February 2. Post spin-off, Exelon will remain in the S&P 500 and 100. The Gap is more represen
First Interstate BancSystem, Inc. (NASDAQ:FIBK) ("FIBK"), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE:GWB) ("GWB"), parent company of Great Western Bank, jointly announced today that they have received all required regulatory clearances as well as approvals of the shareholders of FIBK and stockholders of GWB related to the proposed merger of FIBK and GWB and the merger of FIBK's and GWB's respective subsidiary banks, First Interstate Bank and Great Western Bank. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220120005185/en/ The combined holding company will operate under the First Interstate Ba
Great Western Bancorp, Inc. (NYSE:GWB) ("GWB" or the "Company"), the parent company of Great Western Bank (www.greatwesternbank.com), announced today that it will release financial results for the quarter ending on December 31, 2021 on Thursday, January 27, 2022. Given the pending merger with First Interstate BancSystem, Inc. (NASDAQ:FIBK) ("FIBK"), this date coincides with FIBK's earnings release conference call on January 28, 2022, and Great Western will not be conducting an earnings conference call this quarter. The press release and the slide presentation relating to Great Western's earnings results will be available on the Company's Investor Relations website, ir.greatwesternbank.com.
First Interstate BancSystem, Inc. (NASDAQ:FIBK) ("FIBK"), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE:GWB) ("GWB"), parent company of Great Western Bank, today jointly announced that they have received the required regulatory clearances from the Board of Governors of the Federal Reserve System and the Montana Division of Banking and Financial Institutions related to the proposed merger of FIBK and GWB and the merger of FIBK's and GWB's respective subsidiary banks, First Interstate Bank and Great Western Bank. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211222005599/en/ The merger of GWB into
The Board of Directors of Great Western Bancorp, Inc. (NYSE:GWB) today announced that it has declared a quarterly cash dividend to its stockholders. A quarterly cash dividend of $0.05 per common share will be paid on November 26, 2021, to all stockholders of record as of the close of business on November 12, 2021. Future dividends will be subject to Board approval. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loa
Highlights for the Quarter Ending on September 30, 2021 (all quarterly comparisons in this document refer to the quarter ending on June 30, 2021, except as noted) Net income of $51.9 million, or $0.93 per diluted share, down from $58.7 million, or $1.06 per diluted share Net interest income1 of $95.1 million, down from $99.1 million, with net interest margin1 of 3.10%, down from 3.23% Total loans of $8.19 billion, down $292.7 million, including a reduction of $152.9 million in Paycheck Protection Program ("PPP") loans Total deposits of $11.31 billion, down $227.3 million Allowance for credit losses ("ACL") of $246.0 million, down from $270.3 million, and a ratio of ACL to total lo
Great Western Bancorp, Inc. (NYSE:GWB), the parent company of Great Western Bank (www.greatwesternbank.com), announced today that it will release financial results for the quarter ending on September 30, 2021 on Tuesday, October 26, 2021. Given the pending merger with First Interstate BancSystem, Inc. (NASDAQ:FIBK), this modified date coincides with the FIBK's earnings release on October 27, 2021, and the Company will not be conducting an earnings conference call this quarter. The press release and the slide presentation relating to the Company's earnings results will be available on the Company's Investor Relations website, ir.greatwesternbank.com. About Great Western Bancorp, Inc. Great
Great Western Bancorp, Inc. (NYSE:GWB), the parent company of Great Western Bank (www.greatwesternbank.com), announced today that it will release financial results for the quarter ending on September 30, 2021 on Thursday, October 28, 2021. Given the pending merger with First Interstate BancSystem, Inc. (NASDAQ:FIBK), the Company will not be conducting an earnings conference call this quarter. The press release and the slide presentation relating to the Company's earnings results will be available on the Company's Investor Relations website, ir.greatwesternbank.com. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service r
Agreement Will Expand First Interstate's Footprint Into 8 New States, Creating the West's Premier Banking Franchise First Interstate BancSystem, Inc. (NASDAQ:FIBK) ("FIBK"), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE:GWB) ("GWB"), parent company of Great Western Bank, announced today they have entered into a definitive agreement under which the companies will combine in an all‐stock transaction. Under the terms of the agreement, which was unanimously approved by both companies' Boards of Directors, GWB will merge into FIBK and the combined holding company and bank will operate under the First Interstate name and brand with the company's headquarters rem
Great Western Bancorp (NYSE:GWB) reported its Q1 earnings results on Thursday, January 27, 2022 at 05:30 PM. Here's what investors need to know about the announcement. Check out these penny stocks insiders are buying Earnings Great Western Bancorp missed estimated earnings by 2.74%, reporting an EPS of $0.71 versus an estimate of $0.73, which did not surprise analysts. Revenue was up $8.86 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.17, which was followed by a 0.61% increase in the share price the next day. Here's a look at Great Western Bancorp's past performance: Quarter Q4 2021 Q3 2021 Q2 202
Great Western Bancorp (NYSE:GWB) reported quarterly earnings of $0.71 per share which missed the analyst consensus estimate of $0.73 by 2.74 percent. This is a 5.33 percent decrease over earnings of $0.75 per share from the same period last year.
Euronet Worldwide Inc (NASDAQ:EEFT) will replace Compass Minerals International Inc (NYSE:CMP) in the S&P MidCap 400 effective before the opening of trading on February 1. Euronet Worldwide is a provider of electronic financial transaction solutions. Compass Minerals will replace Great Western Bancorp Inc (NYSE:GWB) in the S&P SmallCap 600. First Interstate BancSystem Inc (NASDAQ:FIBK) acquired Great Western Bancorp subject to final closing conditions. Compass Minerals is no longer representative of the mid-cap market space. Price Action: EEFT shares traded higher by 11.0% at $134.26 on the last check Thursday.
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Great Western Bancorp (NYSE:GWB) is set to give its latest quarterly earnings report on Thursday, 2022-01-27. Here's what investors need to know before the announcement. Analysts estimate that Great Western Bancorp will likely report an Earnings Per Share (EPS) of $0.73. Great Western Bancorp bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.17, which was f
Gainers Reliance Global Group (NASDAQ:RELI) stock increased by 3.2% to $6.13 during Monday's after-market session. The company's market cap stands at $67.1 million. Gladstone Investment (NASDAQ:GAIN) stock increased by 2.94% to $15.05. The market value of their outstanding shares is at $499.7 million. SuRo Capital (NASDAQ:SSSS) shares rose 2.67% to $11.91. The market value of their outstanding shares is at $370.6 million. Tian Ruixiang Holdings (NASDAQ:TIRX) stock moved upwards by 2.47% to $1.24. The market value of their outstanding shares is at $15.9 million. Arbor Realty Trust (NYSE:ABR) shares moved upwards by 2.14% to $17.41. Trading volume for this security closed at 169.1K, accou
First Interstate BancSystem, Inc. (NASDAQ:FIBK) (“FIBK”), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE:GWB) (“GWB”), parent company of Great Western Bank, jointly announced today that they have received all required regulatory clearances as well as approvals of the shareholders of FIBK and stockholders of GWB related to the proposed merger of FIBK and GWB and the merger of FIBK’s and GWB’s respective subsidiary banks, First Interstate Bank and Great Western Bank. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220120005185/en/ The combined holding company will operate under the First Interstate B